Cynthia B. Powell - 24 Feb 2025 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Corp. Controller & CAO
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
24 Feb 2025
Net transactions value
$0
Form type
4
Filing time
26 Feb 2025, 17:47:10 UTC
Previous filing
29 Jul 2024
Next filing
18 Mar 2025
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 +1,579 $0.000000 1,579 24 Feb 2025 Direct F1
transaction TFC Common Stock Award $0 +1,782 +113% $0.000000 3,361 24 Feb 2025 Direct F2
transaction TFC Common Stock Award $0 +2,299 +68% $0.000000 5,660 24 Feb 2025 Direct F3
holding TFC Common Stock 6,176 24 Feb 2025 By 401(k) F4

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 Award $0 +7,719 $0.000000 7,719 24 Feb 2025 Common Stock 7,719 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 22, 2021, the reporting person was granted 4,740 restricted stock units, which vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2023, 2024, and 2025. The performance criteria for 2025 were met, resulting in 1,579 restricted stock units being earned.
F2 On February 22, 2022, the reporting person was granted 5,347 restricted stock units, which vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2024, 2025, and 2026. The performance criteria for 2025 were met, resulting in 1,782 restricted stock units being earned.
F3 On February 27, 2023, the reporting person was granted 6,894 restricted stock units, which vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2025, 2026, and 2027. The performance criteria for 2025 were met, resulting in 2,299 restricted stock units being earned.
F4 Includes 137.952 shares acquired between July 1, 2024 and December 31, 2024, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated July 1, 2024 through December 31, 2024.
F5 On February 24, 2025, the reporting person was granted 7,719 restricted stock units, vesting in four equal annual installments on March 15, 2026, March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.