0001664272-23-000115.txt : 20230301
0001664272-23-000115.hdr.sgml : 20230301
20230301094311
ACCESSION NUMBER: 0001664272-23-000115
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230227
FILED AS OF DATE: 20230301
DATE AS OF CHANGE: 20230301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cummins Hugh S. III
CENTRAL INDEX KEY: 0001701995
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 23690192
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_a1e2k00000rxrk5ual-live.xml
PRIMARY DOCUMENT
X0306
4
2023-02-27
false
0000092230
TRUIST FINANCIAL CORP
TFC
0001701995
Cummins Hugh S. III
214 N. TRYON STREET
CHARLOTTE
NC
28202
false
true
false
false
Vice Chair
Common Stock
2023-02-27
4
A
false
30508.0000
0.0000
A
349702.6100
D
Common Stock
2023-02-27
4
A
false
6649.0000
0.0000
A
319194.6100
D
Common Stock
2023-02-27
4
A
false
5477.0000
0.0000
A
312545.6100
D
Common Stock
4081.9140
I
By 401(k)
Phantom Stock Unit
0.0000
2000-01-01
2000-01-01
Common Stock
1678.8530
1678.8530
D
On February 24, 2020, the reporting person was granted 21,909 restricted stock units, which shall vest and become earned ratably over four years based on certain performance criteria for each vesting year ending March 15, 2021, 2022, 2023 and 2024. The performance criteria for 2023 were met, resulting in 5,477 restricted stock units being earned.
On February 22, 2021, the reporting person was granted 19,944 restricted stock units, which shall 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 2023 were met, resulting in 6,649 restricted stock units being earned.
On February 24, 2020, the reporting person was granted 24,917 performance based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2020 through December 31, 2022) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 122.44% of the Target Level of Achievement, resulting in 30,508 shares being earned.
Represents phantom stock units under the Truist Nonqualified Deferred Compensation Plan.
Carla Brenwald, Attorney-in-fact
2023-03-01