0001664272-24-000168.txt : 20240228
0001664272-24-000168.hdr.sgml : 20240228
20240228182126
ACCESSION NUMBER: 0001664272-24-000168
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: ROGERS WILLIAM H JR
CENTRAL INDEX KEY: 0001182002
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-10853
FILM NUMBER: 24697771
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_a1e2k00000wi891uad-live.xml
PRIMARY DOCUMENT
X0508
4
2024-02-26
false
0000092230
TRUIST FINANCIAL CORP
TFC
0001182002
ROGERS WILLIAM H JR
214 N. TRYON STREET
CHARLOTTE
NC
28202
true
true
false
false
Chairman & CEO
false
Common Stock
2024-02-26
4
A
false
9871.0000
0.0000
A
427339.6440
D
Common Stock
2024-02-26
4
A
false
11980.0000
0.0000
A
439319.6440
D
Common Stock
2024-02-26
4
A
false
17691.0000
0.0000
A
457010.6440
D
Common Stock
2024-02-26
4
A
false
30726.0000
0.0000
A
487736.6440
D
Common Stock
12257.5100
I
By 401(k)
Common Stock
185000.0000
I
By Trust
Common Stock
183712.0000
I
By grantor retained annuity trust
Common Stock
300000.0000
I
By 2023 GRAT
Phantom Stock Unit
0.0000
2000-01-01
2000-01-01
Common Stock
3030.1020
3030.1020
D
On February 24, 2020, the reporting person was granted 39,482 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 9,871 restricted stock units being earned.
On February 22, 2021, the reporting person was granted 35,940 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 11,980 restricted stock units being earned.
On February 22, 2022, the reporting person was granted 53,071 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 17,691 restricted stock units being earned.
On February 22, 2021, the reporting person was granted 40,968 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 30,726 shares being earned.
Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of Truist stock on the applicable measurement date.
Represents phantom stock units under the Truist Nonqualified Deferred Compensation Plan.
Carla Brenwald, Attorney-in-fact
2024-02-28