| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TFC | Common Stock | 300K | Dec 4, 2023 | By 2023 GRAT | ||||||
| holding | TFC | Common Stock | 185K | Dec 4, 2023 | By Trust | ||||||
| holding | TFC | Common Stock | 184K | Dec 4, 2023 | By grantor retained annuity trust | F1 | |||||
| holding | TFC | Common Stock | 12.1K | Dec 4, 2023 | By 401(k) | ||||||
| holding | TFC | Common Stock | 417K | Dec 4, 2023 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | TFC | Phantom Stock Unit | 3.03K | Dec 4, 2023 | Common Stock | 3.03K | $0.00 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | On December 4, 2023, a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children made an annuity payment to the reporting person consisting of 4,545 shares of Truist common stock. The reporting person's wife is the trustee of the GRAT, and the reporting person is the sole recipient of the annuity payments made by the GRAT. This Form 4 is being filed to reflect the change in the form of the reporting person's beneficial ownership of the Truist common stock transferred by the GRAT from indirect to direct beneficial ownership. |
| F2 | Represents phantom stock units under the SunTrust Banks, Inc. Deferred Compensation Plan, which merged into the Truist Financial Corporation Nonqualified Defined Contribution Plan effective as of June 1, 2020. |
| F3 | Includes shares acquired as a result of dividend reinvestment since the last reported transaction. |