Form 4 for TFC Truist Financial

Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001664272-23-000129 · 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
M	2023-03-01	2023-02-27	TFC	Starnes Clarke R III	CRO	A - Grant	$0.00	+33.4K	169.7K	+25%	$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	2023-02-27	A	A	4,296	$0.00	164,446	D	—	—	(F1) On February 24, 2020, the reporting person was granted 17,184 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2023 were met, resulting in 4,296 restricted stock units being earned.
2	Common	Common Stock	2023-02-27	A	A	23,908	$0.00	193,569	D	—	—	(F3) On February 24, 2020, the reporting person was granted 19,527 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2020 through December 31, 2022) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 122.44% of the Target Level of Achievement, resulting in 23,908 shares being earned.
3	Common	Common Stock	2023-02-27	A	A	5,215	$0.00	169,661	D	—	—	(F2) On February 22, 2021, the reporting person was granted 15,642 restricted stock units, which shall 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 2023 were met, resulting in 5,215 restricted stock units being earned.