William H. Rogers Jr - Jul 20, 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role: Chairman and CEO, Director
Signature: Carla Brenwald, Attorney-in-fact
Stock symbol: TFC
Transactions as of: Jul 20, 2022
Transactions value $: -$3,794,460
Form type: 4
Date filed: 7/22/2022, 04:22 PM
Previous filing: Jun 16, 2022
Next filing: Oct 21, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFC	Common Stock	Options Exercise	$3.02M	+143K	+16.53%	$21.17	1.01M	Jul 20, 2022	Direct
transaction	TFC	Common Stock	Sale	-$6.81M	-143K	-14.19%	$47.78	863K	Jul 20, 2022	Direct	F1
transaction	TFC	Common Stock	Gift	$0	-14.9K	-1.72%	$0.00	848K	Jul 20, 2022	Direct
holding	TFC	Common Stock						11.3K	Jul 20, 2022	By 401(k)	F2
holding	TFC	Common Stock						185K	Jul 20, 2022	By Trust

Showing 1 to 5 of 5 entries

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	Stock Option (right to buy)	Options Exercise	$0	-143K	-100%	$0.00^*	0	Jul 20, 2022	Common Stock	143K	$21.17	Direct
holding	TFC	Phantom Stock Unit						2.79K	Jul 20, 2022	Common Stock	2.79K	$0.00	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $47.5800 to $47.9300. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
F2	Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of Truist stock on the applicable measurement date.
F3	Represents phantom stock units under the SunTrust Banks, Inc. Deferred Compensation Plan, which merged into the Truist Financial Corporation Nonqualified Defined Contribution Plan effective as of June 1, 2020.