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