Dallas S. Clement - Feb 27, 2024 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Feb 27, 2024
Transactions value $
$0
Form type
4
Date filed
2/29/2024, 03:07 PM
Previous filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TFC Common Stock 2.92K Feb 27, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TFC Restricted Stock Unit Award $0 +5.16K +56.16% $0.00 14.3K Feb 27, 2024 Common Stock 5.16K Direct F1, F2
holding TFC Phantom Stock Unit 12.4K Feb 27, 2024 Common Stock 12.4K $0.00 Direct F2, F3
holding TFC Phantom Stock Units 14.9K Feb 27, 2024 Common Stock 14.9K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the Truist Financial Corporation 2022 Incentive Plan for which a deferral election has been made pursuant to the Truist Financial Corporation Amended and Restated Non-Employee Directors' Deferred Compensation Plan. Payments in the form of shares of common stock commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
F2 Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
F3 Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. Directors' Deferred Compensation Plan with respect to the deferral of meeting and/or retainer fees payable in cash. Payments commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
F4 Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. 2009 Stock Plan or 2018 Omnibus Incentive Compensation Plan for which the director made an election to defer receipt until departure from the Board. These securities convert to common stock on a one-for-one basis.