4//SEC Filing
Thompson Joseph M 4
Accession 0001664272-23-000131
CIK 0000092230other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 10:05 AM ET
Size
11.3 KB
Accession
0001664272-23-000131
Insider Transaction Report
Form 4
Thompson Joseph M
Sr. Executive Vice President
Transactions
- Award
Common Stock
2023-02-27+14,276→ 111,083.389 total - Award
Common Stock
2023-02-27+2,570→ 93,686.389 total - Award
Common Stock
2023-02-27+3,121→ 96,807.389 total
Holdings
- 1,872.519(indirect: By 401(k))
Common Stock
- 1,667.458
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (1,667.458 underlying)
Footnotes (6)
- [F1]On February 24, 2020, the reporting person was granted 10,282 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 2,570 restricted stock units being earned.
- [F2]On February 22, 2021, the reporting person was granted 9,360 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 3,121 restricted stock units being earned.
- [F3]On February 24, 2020, the reporting person was granted 11,660 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 14,276 shares being earned.
- [F4]Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of Truist stock on the applicable measurement date.
- [F5]Represents phantom stock units under the Truist Nonqualified Deferred Compensation Plan.
- [F6]Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
Documents
Issuer
TRUIST FINANCIAL CORP
CIK 0000092230
Entity typeother
Related Parties
1- filerCIK 0001788989
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 10:05 AM ET
- Size
- 11.3 KB