0001664272-23-000129.txt : 20230301 0001664272-23-000129.hdr.sgml : 20230301 20230301100248 ACCESSION NUMBER: 0001664272-23-000129 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: Starnes Clarke R III CENTRAL INDEX KEY: 0001385101 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10853 FILM NUMBER: 23690347 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_a1e2k00000rxrkeual-live.xml PRIMARY DOCUMENT X0306 4 2023-02-27 false 0000092230 TRUIST FINANCIAL CORP TFC 0001385101 Starnes Clarke R III 214 N TRYON STREET CHARLOTTE NC 28202 false true false false Chief Risk Officer Common Stock 2023-02-27 4 A false 23908.0000 0.0000 A 193569.0000 D Common Stock 2023-02-27 4 A false 5215.0000 0.0000 A 169661.0000 D Common Stock 2023-02-27 4 A false 4296.0000 0.0000 A 164446.0000 D Common Stock 7715.0000 I By IRA Common Stock 15367.3320 I By 401(k) On February 24, 2020, the reporting person was granted 17,184 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 4,296 restricted stock units being earned. On February 22, 2021, the reporting person was granted 15,642 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 5,215 restricted stock units being earned. On February 24, 2020, the reporting person was granted 19,527 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 23,908 shares being earned. Includes 603.659 shares acquired between January 1, 2022 and December 31, 2022, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2022 through December 31, 2022. Carla Brenwald, Attorney-in-fact 2023-03-01