4//SEC Filing
Starnes Clarke R III 4
Accession 0001664272-23-000129
CIK 0000092230other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 10:02 AM ET
Size
10.3 KB
Accession
0001664272-23-000129
Insider Transaction Report
Form 4
Starnes Clarke R III
Sr. Executive Vice President
Transactions
- Award
Common Stock
2023-02-27+5,215→ 169,661 total - Award
Common Stock
2023-02-27+4,296→ 164,446 total - Award
Common Stock
2023-02-27+23,908→ 193,569 total
Holdings
- 7,715(indirect: By IRA)
Common Stock
- 15,367.332(indirect: By 401(k))
Common Stock
Footnotes (4)
- [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.
- [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.
- [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.
- [F4]Includes 603.659 shares acquired between January 1, 2022 and December 31, 2022, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2022 through December 31, 2022.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001385101
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 10:02 AM ET
- Size
- 10.3 KB