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

Role
Chief Financial Officer
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Feb 24, 2025
Transactions value $
$0
Form type
4
Date filed
2/26/2025, 05:48 PM
Previous filing
Mar 19, 2024
Next filing
Mar 4, 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 +6.58K +8.19% $0.00 86.9K Feb 24, 2025 Direct F3
transaction TFC Common Stock Award $0 +2.3K +3.06% $0.00 77.6K Feb 24, 2025 Direct F1
transaction TFC Common Stock Award $0 +2.73K +3.52% $0.00 80.4K Feb 24, 2025 Direct F2
transaction TFC Common Stock Award $0 +9.71K +11.17% $0.00 96.7K Feb 24, 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 +25.2K $0.00 25.2K Feb 24, 2025 Common Stock 25.2K 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.