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Actionable news in STI: SUNTRUST BANKS Inc,

SunTrust Banks director just declared owning 100,000 shares of SunTrust Banks

M Douglas Ivester, a director of SunTrust Banks, has just filed an initial statement of beneficial ownership where 100,000 shares of SunTrust Banks were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Ivester. Ivester operates out of Atlanta, GA. Some additional info was provided as follows:

The phantom stock units were accrued under the SunTrust Banks, Inc. Directors Deferred Compensation Plan and are to be settled...

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