Clarke R. Starnes III
Net Worth

Last updated:

What is Clarke R. Starnes III net worth?

The estimated net worth of Mr. Clarke R. Starnes III is at least $117,434,944 as of 19 Oct 2021. He owns shares worth $10,503,376 as insider, has earned $4,691,568 from insider trading and has received compensation worth at least $102,240,000 in Truist Financial Corporation and Truist Financial Corporation.

What is the salary of Clarke R. Starnes III?

Mr. Clarke R. Starnes III salary is $2,840,000 per year as Chief Risk Officer in Truist Financial Corporation. He also receives $2,840,000 as Chief Risk Officer in Truist Financial Corporation.

How old is Clarke R. Starnes III?

Mr. Clarke R. Starnes III is 66 years old, born in 1959.

What stocks does Clarke R. Starnes III currently own?

As insider, Mr. Clarke R. Starnes III owns shares in 2 companies:

Company Title Shares Price per share Total value
Truist Financial Corporation (TFC) Chief Risk Officer 148,269 $44.34 $6,574,247
Truist Financial Corporation (TFC-PR) Chief Risk Officer 148,269 $26.5 $3,929,129

What does Truist Financial Corporation do?

Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.

What does Truist Financial Corporation do?

Truist Financial Corporation, a holding company, provides banking and trust services in the Southeastern and Mid-Atlantic United States. The company operates through three segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings. Its deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. The company also provides funding; asset management; automobile lending; bankcard lending; consumer finance; home equity and mortgage lending; insurance, such as property and casualty, life, health, employee benefits, workers compensation and professional liability, surety coverage, title, and other insurance products; investment brokerage; mobile/online banking; and payment, lease financing, small business lending, and wealth management/private banking services. In addition, it offers association, capital market, institutional trust, insurance premium and commercial finance, international banking, leasing, merchant, commercial deposit and treasury, government finance, commercial middle market lending, small business and student lending, floor plan and commercial mortgage lending, mortgage warehouse lending, private equity investment, real estate lending, and supply chain financing services. Further, the company provides corporate and investment banking, retail and wholesale brokerage, securities underwriting, and investment advisory services. As of December 31, 2021, the company operated through 2,517 banking offices. The company was formerly known as BB&T Corporation and changed its name to Truist Financial Corporation in December 2019. Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte, North Carolina.

Clarke R. Starnes III insider trading

Truist Financial Corporation

Mr. Clarke R. Starnes III has made 11 insider trades between 2007-2021, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 92,793 units of TFC stock on 23 Jan 2017. As of 19 Oct 2021 he still owns at least 148,269 units of TFC stock.

Transaction Date Security Shares Price per share Total value Source
Option
Stock Option (right to buy) 37,565 $38.22 $1,435,734
Sale
Common Stock 37,565 $62.45 $2,345,784
Option
Common Stock 37,565 $38.22 $1,435,734
Option
Stock Option (right to buy) 22,629 N/A N/A
Option
Common Stock 22,629 N/A N/A
Sale
Common Stock 22,629 N/A N/A
Option
Common Stock 53,594 N/A N/A
Option
Stock Option (right to buy) 21,447 N/A N/A
Sale
Common Stock 53,594 N/A N/A
Sale
Common Stock 92,793 N/A N/A
Option
Stock Option (right to buy) 36,635 N/A N/A
Option
Common Stock 92,793 N/A N/A
Option
Common Stock 68,088 N/A N/A
Sale
Common Stock 68,088 N/A N/A
Option
Stock Option (right to buy) 68,088 N/A N/A
Sale
Common Stock 25,312 N/A N/A
Option
Stock Option (right to buy) 52,196 N/A N/A
Option
Common Stock 67,331 N/A N/A
Sale
Common Stock 67,331 N/A N/A
Sale
Common Stock 5,308 N/A N/A
Option
Stock Option (right to buy) 5,308 N/A N/A
Option
Common Stock 5,308 N/A N/A
Sale
Common Stock 25,540 N/A N/A
Option
Stock Option (right to buy) 25,540 N/A N/A
Option
Common Stock 25,540 N/A N/A
Sale
Common Stock 35,000 N/A N/A
Option
Common Stock 35,000 N/A N/A
Option
Stock Option (right to buy) 35,000 N/A N/A
Sale
Common Stock 6,315 N/A N/A
Option
Common Stock 6,315 N/A N/A
Option
Stock Option (right to buy) 6,315 N/A N/A
Option
Employee Stock Option (right to buy) 3,402 N/A N/A
Option
Common Stock 3,402 N/A N/A
Purchase
Common Stock 15 N/A N/A

Truist Financial Corporation

Mr. Clarke R. Starnes III has made 12 insider trades between 2007-2021, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 92,793 units of TFC-PR stock on 23 Jan 2017. As of 19 Oct 2021 he still owns at least 148,269 units of TFC-PR stock.

Transaction Date Security Shares Price per share Total value Source
Option
Stock Option (right to buy) 37,565 $38.22 $1,435,734
Option
Common Stock 37,565 $38.22 $1,435,734
Sale
Common Stock 37,565 $62.45 $2,345,784
Option
Common Stock 48,175 N/A N/A
Option
Stock Option (right to buy) 48,175 N/A N/A
Sale
Common Stock 48,175 N/A N/A
Option
Common Stock 22,629 N/A N/A
Sale
Common Stock 22,629 N/A N/A
Option
Stock Option (right to buy) 22,629 N/A N/A
Option
Stock Option (right to buy) 21,447 N/A N/A
Sale
Common Stock 53,594 N/A N/A
Option
Common Stock 53,594 N/A N/A
Option
Common Stock 92,793 N/A N/A
Option
Stock Option (right to buy) 36,635 N/A N/A
Sale
Common Stock 92,793 N/A N/A
Sale
Common Stock 68,088 N/A N/A
Option
Common Stock 68,088 N/A N/A
Option
Stock Option (right to buy) 68,088 N/A N/A
Sale
Common Stock 25,312 N/A N/A
Option
Stock Option (right to buy) 52,196 N/A N/A
Option
Common Stock 67,331 N/A N/A
Sale
Common Stock 67,331 N/A N/A
Sale
Common Stock 5,308 N/A N/A
Option
Stock Option (right to buy) 5,308 N/A N/A
Option
Common Stock 5,308 N/A N/A
Option
Stock Option (right to buy) 25,540 N/A N/A
Sale
Common Stock 25,540 N/A N/A
Option
Common Stock 25,540 N/A N/A
Sale
Common Stock 35,000 N/A N/A
Option
Common Stock 35,000 N/A N/A
Option
Stock Option (right to buy) 35,000 N/A N/A
Sale
Common Stock 6,315 N/A N/A
Option
Common Stock 6,315 N/A N/A
Option
Stock Option (right to buy) 6,315 N/A N/A
Option
Employee Stock Option (right to buy) 3,402 N/A N/A
Option
Common Stock 3,402 N/A N/A
Purchase
Common Stock 15 N/A N/A

Truist Financial key executives

Truist Financial Corporation executives and other stock owners filed with the SEC: