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Truist Financial Board Member Strengthens Stake with New Stock Compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Truist Financial director Jonathan Pruzan received a grant of 2,697 Restricted Stock Units (RSUs) on June 24, 2025. The RSUs were awarded at a price of $0.00 and will cliff vest on December 31, 2025.

Key details of the transaction:

  • Transaction Type: Acquisition of non-derivative securities
  • Form of Ownership: Direct
  • Total RSUs Beneficially Owned Following Transaction: 2,697
  • Filing was made by a single reporting person

This Form 4 filing, submitted by attorney-in-fact Carla Brenwald on June 26, 2025, represents standard equity-based compensation for board service at Truist Financial. The short vesting period of approximately 6 months indicates this may be part of a regular director compensation package.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
PRUZAN JONATHAN

(Last) (First) (Middle)
214 N TRYON STREET

(Street)
CHARLOTTE NC 28202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRUIST FINANCIAL CORP [ TFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Restricted Stock Units 06/24/2025 A 2,697(1) A $0.0000 2,697 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Grant of Restricted Stock Units which cliff vest on December 31, 2025.
Carla Brenwald, Attorney-in-fact 06/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Restricted Stock Units (RSUs) did TFC director Jonathan Pruzan receive in June 2025?

According to the Form 4 filing, Jonathan Pruzan received 2,697 Restricted Stock Units (RSUs) on June 24, 2025, with a grant price of $0.00.

When do Jonathan Pruzan's TFC Restricted Stock Units vest?

The Restricted Stock Units granted to Jonathan Pruzan will cliff vest on December 31, 2025, as disclosed in the footnotes of the Form 4 filing.

What position does Jonathan Pruzan hold at TFC according to the Form 4?

According to the Form 4 filing, Jonathan Pruzan serves as a Director of Truist Financial Corporation (TFC), as indicated by the 'X' marked in the Director box under Section 5 of the form.

Did TFC insider Jonathan Pruzan purchase or sell any derivative securities in June 2025?

No, the Form 4 filing shows no transactions involving derivative securities (such as options or warrants) in Table II. The only reported transaction was the grant of Restricted Stock Units.

What is Jonathan Pruzan's ownership form of TFC RSUs after the June 2025 transaction?

Following the transaction on June 24, 2025, Jonathan Pruzan's 2,697 Restricted Stock Units are held in Direct (D) ownership form, as shown in Table I of the Form 4 filing.
Truist Finl Corp

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