4//SEC Filing
Cummins Hugh S. III 4
Accession 0001664272-23-000441
CIK 0000092230other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 9:22 AM ET
Size
9.0 KB
Accession
0001664272-23-000441
Insider Transaction Report
Form 4
Cummins Hugh S. III
Vice Chair & COO
Transactions
- Exercise/Conversion
Common Stock
2023-09-15+9,961→ 340,818.61 total - Tax Payment
Common Stock
2023-09-15$29.00/sh−4,403$127,687→ 336,415.61 total
Holdings
- 1,755.802
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (1,755.802 underlying) - 4,196.037(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]On September 1, 2021, the reporting person was granted 49,804 restricted stock units, which shall vest and become earned ratably over five years based on certain performance criteria for each vesting year ending September 15, 2022, 2023, 2024, 2025 and 2026. The performance criteria for the vesting year ending September 15, 2023 were met, resulting in 9,961 restricted stock units being earned.
- [F2]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.
- [F3]Represents phantom stock units under the Truist Nonqualified Deferred Compensation Plan.
- [F4]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 0001701995
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 9:22 AM ET
- Size
- 9.0 KB