David M. Ratcliffe - Jun 22, 2022 Form 4 Insider Report for TRUIST FINANCIAL CORP (TFC)

Role
Director
Signature
Carla Brenwald, Attorney-in-fact
Stock symbol
TFC
Transactions as of
Jun 22, 2022
Transactions value $
$6,203
Form type
4
Date filed
6/24/2022, 12:35 PM
Previous filing
Feb 24, 2022
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFC Common Stock Purchase $6.2K +132 +4.52% $47.00 3.06K Jun 22, 2022 Direct
holding TFC Common Stock 25.9K Jun 22, 2022 Trust
holding TFC Common Stock 1.65K Jun 22, 2022 LLC

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
holding TFC Phantom Stock Units 38.9K Jun 22, 2022 Common Stock 38.9K $0.00 Direct F2, F3
holding TFC Phantom Stock Unit 41.4K Jun 22, 2022 Common Stock 41.4K $0.00 Direct F1, F2
holding TFC Restricted Stock Unit 4.99K Jun 22, 2022 Common Stock 4.99K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. Directors' Deferred Compensation Plan with respect to the deferral of meeting and/or retainer fees payable in cash. Payments commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.
F2 Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
F3 Represents phantom stock units issued prior to the merger under the SunTrust Banks, Inc. 2009 Stock Plan or 2018 Omnibus Incentive Compensation Plan for which the director made an election to defer receipt until departure from the Board. These securities convert to common stock on a one-for-one basis.
F4 Represents restricted stock units granted under the Truist Financial Corporation 2012 Incentive Plan for which a deferral election has been made pursuant to the Truist Financial Corporation Amended and Restated Non-Employee Directors' Deferred Compensation Plan. Payments in the form of shares of common stock commence following the reporting person's departure from the Board of Directors of Truist Financial Corporation. These securities convert to common stock on a one-for-one basis.