Michael Baron Maguire - 24 Feb 2025 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role: Chief Financial Officer
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, 17:48:07 UTC
Previous filing: 19 Mar 2024
Next filing: 04 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	+6,584	+8.2%	$0.000000	86,937	24 Feb 2025	Direct	F3
transaction	TFC	Common Stock	Award	$0	+2,304	+3.1%	$0.000000	77,623	24 Feb 2025	Direct	F1
transaction	TFC	Common Stock	Award	$0	+2,730	+3.5%	$0.000000	80,353	24 Feb 2025	Direct	F2
transaction	TFC	Common Stock	Award	$0	+9,714	+11%	$0.000000	96,651	24 Feb 2025	Direct	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	+25,165		$0.000000	25,165	24 Feb 2025	Common Stock	25,165		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 6,915 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 2,304 restricted stock units being earned.
F2	On February 22, 2022, the reporting person was granted 8,189 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 2,730 restricted stock units being earned.
F3	On February 27, 2023, the reporting person was granted 19,749 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 6,584 restricted stock units being earned.
F4	On February 22, 2022, the reporting person was granted 9,287 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2022 through December 31, 2024) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 104.6% of the Target Level of Achievement, resulting in 9,714 shares being earned.
F5	On February 24, 2025, the reporting person was granted 25,165 restricted stock units, vesting in three equal annual installments on 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.