ROGERS WILLIAM H JR 4
4 · TRUIST FINANCIAL CORP · Filed Feb 26, 2025
Insider Transaction Report
Form 4
ROGERS WILLIAM H JR
DirectorChairman and CEO
Transactions
- Award
Common Stock
2025-02-24+11,979→ 703,429.644 total - Award
Restricted Stock Units
2025-02-25+85,271→ 85,271 total→ Common Stock (85,271 underlying) - Award
Common Stock
2025-02-24+17,690→ 721,119.644 total - Award
Common Stock
2025-02-24+25,693→ 746,812.644 total - Award
Common Stock
2025-02-24+63,385→ 810,197.644 total
Holdings
- 12,901.602(indirect: By 401(k))
Common Stock
- 185,000(indirect: By Trust)
Common Stock
- 154,270(indirect: By 2023 GRAT)
Common Stock
- 95,712(indirect: By Trust)
Common Stock
- 3,188.839
Phantom Stock Unit
Exercise: $0.00From: 2000-01-01Exp: 2000-01-01→ Common Stock (3,188.839 underlying)
Footnotes (8)
- [F1]On February 22, 2021, the reporting person was granted 35,940 restricted stock units, which 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 2025 were met, resulting in 11,979 restricted stock units being earned.
- [F2]On February 22, 2022, the reporting person was granted 53,071 restricted stock units, which vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2024, 2025, and 2026. The performance criteria for 2025 were met, resulting in 17,690 restricted stock units being earned.
- [F3]On March 3, 2023, the reporting person was granted 77,076 restricted stock units, which vest and become earned in 1/3 increments over four years based on certain performance criteria for each vesting period ending March 15, 2025, 2026, and 2027. The performance criteria for 2025 were met, resulting in 25,693 restricted stock units being earned.
- [F4]On February 22, 2022, the reporting person was granted 60,598 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2022 through December 31, 2024) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 104.6% of the Target Level of Achievement, resulting in 63,385 shares being earned.
- [F5]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.
- [F6]Represents phantom stock units under the Truist Nonqualified Deferred Compensation Plan.
- [F7]Includes shares acquired as a result of dividend reinvestment since the last reported transaction.
- [F8]On February 25, 2025, the reporting person was granted 85,271 restricted stock units, vesting in three equal annual installments on March 15, 2027, March 15, 2028, and March 15, 2029. Each restricted stock unit represents a right to receive one share of TFC common stock.