VOORHEES STEVEN C 4
4 · TRUIST FINANCIAL CORP · Filed Feb 29, 2024
Insider Transaction Report
Form 4
VOORHEES STEVEN C
Director
Transactions
- Award
Restricted Stock Unit
2024-02-27+5,160→ 14,348 total→ Common Stock (5,160 underlying)
Holdings
- 60,873
Common Stock
- 6,487.443
Phantom Stock Units
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (6,487.443 underlying) - 4,807.893
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (4,807.893 underlying)
Footnotes (4)
- [F1]Represents restricted stock units granted under the Truist Financial Corporation 2022 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.
- [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. 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.
- [F4]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.