ITEM 7.01 Regulation FD Disclosure.
On February 16, 2023, Truist Financial Corporation (“Truist”) announced that it
had reached a definitive agreement to sell a 20% minority stake in its insurance
brokerage subsidiary, Truist Insurance Holdings, Inc., to an investor group led
by Stone Point Capital LLC. Truist furnished, as Exhibit 99.2 to its Form 8-K
dated February 16, 2023, a copy of presentation materials used on a conference
call to discuss the transaction. Truist has revised those presentation materials
to disclose additional clarifying detail, and a copy of the revised materials is
furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The revised presentation materials at Exhibit 99.1 are being furnished and shall
not be deemed “filed” for the purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the
liabilities of that Section and shall not be incorporated by reference into any
registration statement or other document pursuant to the Securities Act of 1933,
as amended, or the Exchange Act, except as otherwise expressly stated in such
filing. All information in this Current Report on Form 8-K and in the exhibits
hereto speaks as of the date hereof and thereof, respectively, and Truist does
not assume any obligation to update such information in the future. In addition,
Truist disclaims any inference regarding the materiality of such information
which otherwise may arise as a result of its furnishing such information under
Item 7.01 of this Current Report on Form 8-K.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description of Exhibit
99.1 Revised presentation materials.
104 The cover page from this Current Report on Form 8-K, formatted in Inline
XBRL.
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