Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

TRUIST FINANCIAL CORP Director's Dealing 2021

Feb 25, 2021

29975_dirs_2021-02-24_7503b60d-d57c-4e46-a23f-17ed2ec61638.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRUIST FINANCIAL CORP (TFC)
CIK: 0000092230
Period of Report: 2021-02-22

Reporting Person: Starnes Clarke R III (Chief Risk Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-22 Common Stock A 13435.0000 $0.0000 Acquired 147465.0000 Direct
2021-02-22 Common Stock A 4296.0000 $0.0000 Acquired 151761.0000 Direct
2021-02-22 Common Stock A 4255.0000 $0.0000 Acquired 156016.0000 Direct
2021-02-22 Common Stock A 3583.0000 $0.0000 Acquired 159599.0000 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14310.2760 Indirect
Common Stock 7715.0000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $38.2200 2025-02-24 Common Stock (37565.0000) 37565.0000 Direct

Footnotes

F1: On February 20, 2018, the reporting person was granted 10,748 performance-vested restricted stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2018 through December 31, 2020) performance period's ROCE and TSR performance measures. Transaction represents the satisfaction of performance measures at greater than the Target Level of Achievement, resulting in 13,435 shares being earned.

F2: 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 2021 were met, resulting in 4,296 restricted stock units being earned.

F3: On February 26, 2019, the reporting person was granted 12,765 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2020, 2021, and 2022. The performance criteria for 2021 were met, resulting in 4,255 restricted stock units being earned.

F4: On February 20, 2018, the reporting person was granted 10,748 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2019, 2020, and 2021. The performance criteria for 2021 were met, resulting in 3,583 restricted stock units being earned.

F5: On February 24, 2015, the reporting person was granted an option to purchase 37,565 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 12,522 options being earned.