Form 4 for TFC Truist Financial

Accepted 2021-10-20 00:00:00 ET · period of report 2021-10-18 · accession 0001664272-21-000190 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2021-10-20	2021-10-18	TFC	ROGERS WILLIAM H JR	CEO, Dir	G - Gift	$0.00	-185.0K	645.5K	-22%	$0
	2021-10-20	2021-10-18	TFC	ROGERS WILLIAM H JR	CEO, Dir	P - Purchase	$61.85	+67.0K	712.5K	+10%	+$4.14M
I	2021-10-20	2021-10-18	TFC	ROGERS WILLIAM H JR	CEO, Dir	G - Gift	$0.00	+185.0K	185.0K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-18	G	D	185,000	$0.00	645,513.39	D By Trust	—	—	(F2) On October 18, 2021, the reporting person contributed 185,000 shares of Truist common stock to an irrevocable trust of which his spouse is the trustee and his spouse and children are the beneficiaries.
2	Common	Common Stock	2021-10-18	P	A	67,000	$61.85	712,513.39	D	—	—	(F8) On October 18, 2021, the reporting person reacquired 67,000 shares of Truist common stock from a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children. The reporting person's spouse is the trustee of the GRAT, and the reporting person is the sole recipient of the annuity payments made by the GRAT. The terms of the GRAT permit the reporting person to withdraw assets from the trust by substituting other assets of equal value.
3	Common	Common Stock	2021-10-18	G	A	185,000	$0.00	185,000	I	—	—	(F2) On October 18, 2021, the reporting person contributed 185,000 shares of Truist common stock to an irrevocable trust of which his spouse is the trustee and his spouse and children are the beneficiaries.