SEC Form 4 · accession 0001225208-19-004023
TRUIST FINANCIAL CORP · TFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Hudson Weaver
Officer — Sr. Executive Vice President
Period of report
Feb 26, 2019
Accepted (ET)
Feb 28, 2019 · 6:41 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,F2 | Feb 26, 2019 | A | 3,490 | $0.00 | A | 21,638 | D | |
| Common StockF3 | Feb 26, 2019 | A | 1,528 | $0.00 | A | 23,166 | D | |
| Common StockF4 | Feb 26, 2019 | A | 1,362 | $0.00 | A | 24,528 | D | |
| Common StockF5 | holding | — | — | — | 17,624 | I | By 401(k) | |
| Common StockF6 | holding | — | — | — | 752 | I | By UTMA C/F Daughter |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F7 | $32.10 | Feb 26, 2019 | A | 7,236 | A | Mar 15, 2017 | Feb 23, 2026 | Common Stock | 7,236 | 21,705 | D |
Explanation of responses
- F1On February 23, 2016, the reporting person was granted 10,467 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 2019 were met, resulting in 3,490 restricted stock units being earned.
- F2Includes 104.955 shares acquired between June 2018 and December 2018, under the Issuer's Dividend Reinvestment Plan.
- F3On February 21, 2017, the reporting person was granted 4,584 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 2019 were met, resulting in 1,528 restricted stock units being earned.
- F4On February 20, 2018, the reporting person was granted 4,089 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, 2019, 2020, and 2021. The performance criteria for 2019 were met, resulting in 1,362 restricted stock units being earned.
- F5Includes 414.318 shares acquired betwen April 1, 2018 and December 31, 2018, under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated April 1, 2018 through December 31, 2018.
- F6Includes 16.863 shares acquired between June 2018 and December 2018, under the Issuer's Dividend Reinvestment Plan.
- F7On February 23, 2016, the reporting person was granted an option to purchase 21,705 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 7,236 options being earned.