{"schema_version":"secwatch.filing_event.v1","accession":"0000092230-24-000054","form_type":"8-K","ticker":"TFC","cik":"0000092230","company_name":"TRUIST FINANCIAL CORP","filed_at":"2024-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.373343+00:00","generated_at":"2026-05-31T06:55:22.847560+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Truist grants $4.5M performance equity awards to CFO, consumer banking chief; revamps 2024 comp plan","bullets":["CFO Michael Maguire and Consumer Banking Officer Dontá Wilson each receive $4.5M in performance share units (Sept 2024 – Aug 2027).","Awards vest based on minimum capital requirements and relative TSR vs. KBW Nasdaq Bank Index (75%-125% payout range).","One-time awards aim to retain key leaders after the sale of Truist Insurance Holdings and strategic balance sheet repositioning.","2024 annual incentive program shifted from formula-driven to a comprehensive evaluation with 8 primary and 5 secondary financial measures.","2024 long-term incentives now based on absolute EPS and relative EPS growth (previously ROACE), plus relative TSR modifier."],"urls":{"canonical":"https://secwatch.observer/filing/0000092230-24-000054","json":"https://secwatch.observer/filing/0000092230-24-000054.json","markdown":"https://secwatch.observer/filing/0000092230-24-000054.md","text":"https://secwatch.observer/filing/0000092230-24-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/92230/000009223024000054/0000092230-24-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/92230/000009223024000054/tfc-20240826.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:55:22.847560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}