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Actionable news in STI: SUNTRUST BANKS Inc,

SunTrust Banks's CEVP and Chief Risk Officer just disposed of 2,542 shares

Jerome T Lienhard, SunTrust Banks's CEVP and Chief Risk Officer, recently disposed of 2,542 shares of the company. The disposals took place at $41.96 per share, on April 25, 2016. Lienhard still owns 77,148 shares of the company. Lienhard operates out of Atlanta, GA. Some additional info was provided as follows:

Represents time-vested restricted stock units granted on February 9, 2016 under the sunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. Units will be settled in shares. The award agreement contains tax withholding features which allow us to withhold units to satisfy withholding obligations. - The phantom stock units were acquired under the sunTrust Banks, Inc. Deferred Compensation Plan and convert to common stock on a one-to-one bas is. - Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan - Granted pursuant to the SunTrust Banks, Inc. 2009 Stock Plan. One third of the award vest each year for three years. Represents time-vested phantom stock granted on February 21, 2014 under the SunTrust Banks, Inc. 2009 Stock Plan. The plan is exempt under Rule 16b-3. The restricted stock unit agreements contain tax withholding provisions which allow us to withhold units to satisfy tax withholding obligations. Units will be settled in shares. Represents time-vested restricted stock units granted on February 10, 2015 under the 2009 Stock Plan. the Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Submission of Matters to a Vote of Security - April 26, 2016

SunTrust Banks director was just granted 479 restricted shares - April 5, 2016
SunTrust Banks director was just granted 479 restricted shares - April 5, 2016