ROGERS WILLIAM H JR 4
4 · TRUIST FINANCIAL CORP · Filed Jul 25, 2024
Insider Transaction Report
Form 4
ROGERS WILLIAM H JR
DirectorChairman and CEO
Transactions
- Purchase
Common Stock
2024-07-23$43.96/sh+57,300$2,518,908→ 569,270.644 total
Holdings
- 12,613.438(indirect: By 401(k))
Common Stock
- 183,712(indirect: By Trust)
Common Stock
- 3,117.922
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (3,117.922 underlying) - 185,000(indirect: By Trust)
Common Stock
- 188,450(indirect: By 2023 GRAT)
Common Stock
Footnotes (4)
- [F1]On July 23, 2024, the reporting person reacquired 57,300 shares of Truist common stock from a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children. The reporting person's spouse is the trustee of the GRAT, and the reporting person is the sole recipient of the annuity payments made by the GRAT. The terms of the GRAT permit the reporting person to withdraw assets from the trust by substituting other assets of equal value. On July 23, 2024, the GRAT also made an annuity payment to the reporting person consisting of 54,250 shares of Truist common stock. 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.
- [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.