Bruce L. Tanner - 27 Feb 2024 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
27 Feb 2024
Net transactions value
$0
Form type
4
Filing time
29 Feb 2024, 15:52:21 UTC
Previous filing
14 Mar 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Award $0 +5,160 +44% $0.000000 16,882 27 Feb 2024 Direct F1

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
holding TFC Phantom Stock Unit 11,798 27 Feb 2024 Common Stock 11,798 $0.000000 Direct F2, F3
holding TFC Phantom Stock Units 14,935 27 Feb 2024 Common Stock 14,935 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units which cliff vest on December 31, 2024.
F2 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.
F3 Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
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.