0001664272-24-000160.txt : 20240228 0001664272-24-000160.hdr.sgml : 20240228 20240228140929 ACCESSION NUMBER: 0001664272-24-000160 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240226 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Maguire Michael Baron CENTRAL INDEX KEY: 0001789902 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-10853 FILM NUMBER: 24693692 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] ORGANIZATION NAME: 02 Finance 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_a1e2k00000wi88muad-live.xml PRIMARY DOCUMENT X0508 4 2024-02-26 false 0000092230 TRUIST FINANCIAL CORP TFC 0001789902 Maguire Michael Baron 214 N. TRYON STREET CHARLOTTE NC 28202 false true false false Chief Financial Officer false Common Stock 2024-02-26 4 A false 1900.0000 0.0000 A 70023.0440 D Common Stock 2024-02-26 4 A false 2305.0000 0.0000 A 72328.0440 D Common Stock 2024-02-26 4 A false 2730.0000 0.0000 A 75058.0440 D Common Stock 2024-02-26 4 A false 5910.0000 0.0000 A 80968.0440 D On February 24, 2020, the reporting person was granted 7,597 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 2024 were met, resulting in 1,900 restricted stock units being earned. On February 22, 2021, the reporting person was granted 6,915 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 2024 were met, resulting in 2,305 restricted stock units being earned. On February 22, 2022, the reporting person was granted 8,189 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, 2024, 2025, and 2026. The performance criteria for 2024 were met, resulting in 2,730 restricted stock units being earned. On February 22, 2021, the reporting person was granted 7,880 performance-based stock units at the Target Level of Achievement, which vest and become earned based on the pre-established three-year (January 1, 2021 through December 31, 2023) performance period's ROACE and ROATCE performance measures. Transaction represents the satisfaction of performance measures at 75% of the Target Level of Achievement, resulting in 5,910 shares being earned. Carla Brenwald, Attorney-in-fact 2024-02-28