Truist approves severance plan amendment and increases compensation for Executive Dontá Wilson

TRUIST FINANCIAL CORP

Compensation Committee approved amended severance plan: 2x salary+bonus, 24-month COBRA, 3-month garden leave, 12-month non-compete for Section 16 officers.
Dontá Wilson's base salary increased to $750,000; target annual cash incentive at 215% of base.
Wilson's target LTI raised to 485% of base (195% PSUs, 121% cash LTI, 169% RSUs); total target compensation $6M effective Jan 1, 2024.
Plan applies to Operating Council and senior leaders, including named executive officers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.