0001664272-22-000266.txt : 20220725
0001664272-22-000266.hdr.sgml : 20220725
20220725151841
ACCESSION NUMBER: 0001664272-22-000266
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220221
FILED AS OF DATE: 20220725
DATE AS OF CHANGE: 20220725
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KING KELLY S
CENTRAL INDEX KEY: 0001195189
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 221103068
MAIL ADDRESS:
STREET 1: 214 N TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRUIST FINANCIAL CORP
CENTRAL INDEX KEY: 0000092230
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 560939887
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
BUSINESS PHONE: 3367332000
MAIL ADDRESS:
STREET 1: 214 NORTH TRYON STREET
CITY: CHARLOTTE
STATE: NC
ZIP: 28202
FORMER COMPANY:
FORMER CONFORMED NAME: BB&T CORP
DATE OF NAME CHANGE: 19970527
FORMER COMPANY:
FORMER CONFORMED NAME: SOUTHERN NATIONAL CORP /NC/
DATE OF NAME CHANGE: 19920703
4
1
f4_a1e2k00000rxndfua1-live.xml
PRIMARY DOCUMENT
X0306
4
2022-02-21
false
0000092230
TRUIST FINANCIAL CORP
TFC
0001195189
KING KELLY S
214 N TRYON STREET
CHARLOTTE
NC
28202
true
false
false
false
Common Stock
328806.0000
I
By GRAT
Common Stock
80948.0000
D
Common Stock
129725.5250
I
By IRA
Common Stock
57408.0000
I
By Spouse
Stock Option (right to buy)
38.2200
2016-03-15
2025-02-24
Common Stock
120714.0000
120714.0000
D
Stock Option (right to buy)
32.1000
2017-03-15
2026-02-23
Common Stock
155555.0000
155555.0000
D
On July 21, 2022, a grantor retained annuity trust ("GRAT") for the benefit of the reporting person and his adult children made an annuity payment to the reporting person consisting of 43,398 shares of Truist common stock. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 is being filed to reflect 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.
Also, on July 21, 2022, the reporting person contributed 70,000 shares of Truist common stock to a grantor retained annuity trust ("GRAT") for the benefit of himself and his adult children. The reporting person is the trustee of the GRAT and the sole recipient of the annuity payments made by the GRAT. This Form 4 is being filed to reflect the change in the form of the reporting person's beneficial ownership of the Truist common stock contributed to the GRAT from direct to indirect beneficial ownership.
Includes 1,255.961 shares acquired in June 2022, under the Issuer's Dividend Reinvestment Plan. Also, amount includes 1,236 shares previously owned through the Truist 401(k) plan that were rolled over into the reporting person's IRA.
On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned.
On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned.
Carla Brenwald, Attorney-in-fact
2022-07-25