Scanlan Agnes Bundy - 25 Feb 2025 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Issuer symbol
TFC
Transactions as of
25 Feb 2025
Net transactions value
$0
Form type
4
Filing time
27 Feb 2025, 12:02:49 UTC
Previous filing
03 Dec 2024
Next filing
01 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Award $0 +3,986 +64% $0.000000 10,194 25 Feb 2025 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 Units 3,660 25 Feb 2025 Common Stock 3,620 $0.000000 Direct F2, F3
holding TFC Restricted Stock Unit 14,825 25 Feb 2025 Common Stock 5,160 $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, 2025.
F2 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 the cash equivalent value of Truist 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 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.