0001664272-23-000137.txt : 20230301
0001664272-23-000137.hdr.sgml : 20230301
20230301130502
ACCESSION NUMBER: 0001664272-23-000137
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: KING KELLY S
CENTRAL INDEX KEY: 0001195189
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 23692153
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_a1e2k00000rxrlxua1-live.xml
PRIMARY DOCUMENT
X0306
4
2023-02-27
false
0000092230
TRUIST FINANCIAL CORP
TFC
0001195189
KING KELLY S
214 N TRYON STREET
CHARLOTTE
NC
28202
true
false
false
false
Common Stock
2023-02-28
4
A
false
3833.0000
0.0000
A
193931.0000
D
Common Stock
2023-02-27
4
A
false
78149.0000
0.0000
A
190098.0000
D
Common Stock
2023-02-27
4
A
false
16997.0000
0.0000
A
111949.0000
D
Common Stock
2023-02-27
4
A
false
14004.0000
0.0000
A
94952.0000
D
Common Stock
57408.0000
I
By Spouse
Common Stock
328806.0000
I
By GRAT
Common Stock
132637.4860
I
By IRA
Stock Option (right to buy)
32.1000
2017-03-15
2026-02-23
Common Stock
155555.0000
155555.0000
D
Stock Option (right to buy)
38.2200
2016-03-15
2025-02-24
Common Stock
120714.0000
120714.0000
D
On February 24, 2020, the reporting person was granted 56,016 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 14,004 restricted stock units being earned.
On February 22, 2021, the reporting person was granted 50,990 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 16,997 restricted stock units being earned.
On February 24, 2020, the reporting person was granted 63,827 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 78,149 shares being earned.
Grant of Restricted Stock Units which cliff vest on December 31, 2023.
Includes 2,911.961 shares acquired between September 2022 through December 2022, under the Dividend Reinvestment Plan.
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
2023-03-01