Bradley D. Bender - 14 Feb 2025 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
14 Feb 2025
Net transactions value
-$39,835
Form type
4
Filing time
19 Feb 2025, 11:07:11 UTC
Previous filing
20 Nov 2024
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Options Exercise $0 +2,603 $0.000000 2,603 14 Feb 2025 Direct
transaction TFC Common Stock Tax liability $39,835 -851 -33% $46.81 1,752 14 Feb 2025 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 Units Options Exercise $0 -2,603 -50% $0.000000 2,604 14 Feb 2025 Common Stock 5,207 $0.000000 Direct F1
holding TFC Restricted Stock Units 12,366 14 Feb 2025 Common Stock 12,366 $0.000000 Direct F6
holding TFC Restricted Stock Units 775 14 Feb 2025 Common Stock 775 $0.000000 Direct F2
holding TFC Restricted Stock Units 1,607 14 Feb 2025 Common Stock 1,607 $0.000000 Direct F3
holding TFC Restricted Stock Units 8,686 14 Feb 2025 Common Stock 8,686 $0.000000 Direct F4
holding TFC Restricted Stock Units 16,149 14 Feb 2025 Common Stock 16,149 $0.000000 Direct F5
holding TFC Restricted Stock Units 13,140 14 Feb 2025 Common Stock 13,140 $0.000000 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 1, 2022, the reporting person was granted 7,810 restricted stock units, vesting in three equal annual installments on February 15, 2024, February 15, 2025, and February 15, 2026. Each restricted stock unit represents a right to receive one share of TFC common stock.
F2 On February 22, 2021, the reporting person was granted 2,327 restricted stock units, vesting in three equal annual installments on March 15, 2023, March 15, 2024, and March 15, 2025. Each restricted stock unit represents a right to receive one share of TFC common stock.
F3 On February 22, 2022, the reporting person was granted 2,412 restricted stock units, vesting in three equal annual installments on March 15, 2024, March 15, 2025, and March 15, 2026. Each restricted stock unit represents a right to receive one share of TFC common stock.
F4 On February 27, 2023, the reporting person was granted 8,686 restricted stock units, vesting in three equal annual installments on March 15, 2025, March 15, 2026, and March 15, 2027. Each restricted stock unit represents a right to receive one share of TFC common stock.
F5 On June 1, 2023, the reporting person was granted 16,149 restricted stock units, which cliff vest on June 1, 2026. Each restricted stock unit represents a right to receive one share of TFC common stock.
F6 On February 26, 2024, the reporting person was granted 12,366 restricted stock units, vesting in three equal annual installments on March 15, 2026, March 15, 2027, and March 15, 2028. Each restricted stock unit represents a right to receive one share of TFC common stock.
F7 On May 1, 2024, the reporting person was granted 13,140 restricted stock units, which cliff vest on May 15, 2025. Each restricted stock unit represents a right to receive one share of TFC common stock.