SEC Form 4 · accession 0001225208-18-003878
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia B Powell
Officer — Corp. Controller, Exec VP
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 7:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000092230
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2018 | A | 1,771 | $0.00 | A | 1,771 | D | |
| Common StockF2 | Feb 20, 2018 | A | 1,196 | $0.00 | A | 2,967 | D | |
| Common StockF3 | Feb 20, 2018 | A | 1,057 | $0.00 | A | 4,024 | D | |
| Common Stock | holding | — | — | — | 3,431 | I | By 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 5,312 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2018 were met, resulting in 1,771 restricted stock units being earned.
- F2On February 24, 2015, the reporting person was granted 3,585 restricted stock units, which shall vest and become earned 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 1,196 restricted stock units being earned.
- F3On February 21, 2017, the reporting person was granted 3,172 restricted stock units, which shall vest and become earned ratably over three years based on certain performance criteria for each vesting year ending March 15, 2018, 2019, and 2020. The performance criteria for 2018 were met, resulting in 1,057 restricted stock units being earned.