Thompson Thomas Nichols 4
4 · TRUIST FINANCIAL CORP · Filed Feb 24, 2022
Insider Transaction Report
Form 4
Thompson Thomas Nichols
Director
Transactions
- Award
Common Stock
2022-02-22+2,412→ 503,237 total
Holdings
- 66,097(indirect: By GRATs)
Common Stock
- 10,000
Depositary Shares Series O
- 6,000
Depositary Shares Series R
Footnotes (2)
- [F1]Grant of Restricted Stock Units which cliff vest on December 31, 2022.
- [F2]On September 2, 2021, a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children made an annuity payment to the reporting person consisting of 10,493 shares of Truist common stock. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 reflects the change in the form of the reporting person's beneficial ownership of the Truist common stock transferred by the GRAT from indirect to direct beneficial ownership. Also, the reporting person no longer has a reportable beneficial interest in 2,585 shares of TFC common stock owned by his son and included in the reporting person's prior ownership reports.