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Last updated: 3 January 2024 at 5:35pm EST

Frank Scruggs Net Worth




The estimated Net Worth of Frank P Jr Scruggs is at least $384 Thousand dollars as of 1 April 2019. Mr. Scruggs owns over 1,000 units of Truist stock worth over $312,417 and over the last 21 years he sold TFC stock worth over $61,080. In addition, he makes $10,500 as Independent Director at Truist.

Mr. Scruggs TFC stock SEC Form 4 insiders trading

Frank has made over 5 trades of the Truist stock since 2005, according to the Form 4 filled with the SEC. Most recently he sold 1,000 units of TFC stock worth $61,080 on 1 April 2019.

The largest trade he's ever made was exercising 33,750 units of Truist stock on 28 November 2005 worth over $375,638. On average, Frank trades about 1,033 units every 139 days since 2004. As of 1 April 2019 he still owns at least 7,501 units of Truist stock.

You can see the complete history of Mr. Scruggs stock trades at the bottom of the page.





Frank Scruggs biography

Frank P. Scruggs Jr. serves as Independent Director of the Company. He has been a partner in the law firm of Berger Singerman LLP since 2007 where he represents companies and executives in employment law matters and litigates commercial disputes. Prior to joining Berger Singerman, he was an Executive Vice President for Office Depot, Inc. and was a shareholder of the law firm Greenberg Traurig LLC. He previously served as the Florida Secretary of Labor and Employment Security, as a member of the Florida Board of Regents, and on the board of directors of Office Depot, Inc. Mr. Scruggs is also a Trustee Emeritus of the University of Miami. Qualifications and Skills: Mr. Scruggs’ brings his extensive governmental affairs, legal, and regulatory experience to the Truist Board. Mr. Scruggs has been recognized as a leader in his field and received the designation, Board Leadership Fellow, from the NACD and the Professional Certificate in Cybersecurity Oversight from the Software Engineering Institute of Carnegie Mellon University. The Board believes his breadth of experience and expertise in the regulatory and banking space will be a valuable resource in all aspects of his continued Board service.

What is the salary of Frank Scruggs?

As the Independent Director of Truist, the total compensation of Frank Scruggs at Truist is $10,500. There are 19 executives at Truist getting paid more, with Kelly King having the highest compensation of $11,491,100.



How old is Frank Scruggs?

Frank Scruggs is 68, he's been the Independent Director of Truist since 2019. There are 5 older and 34 younger executives at Truist. The oldest executive at Truist Financial Corporation is Kelly Stuart King, 73, who is the Exec. Chairman.

Insiders trading at Truist

Over the last 5 years, insiders at Truist have traded over $5,008,342 worth of Truist stock and bought 240,557 units worth $11,367,462 . The most active insiders traders include William H Jr Rogers, Paul R Garcia, and Kelly S King. On average, Truist executives and independent directors trade stock every 17 days with the average trade being worth of $1,039,209. The most recent stock trade was executed by Cynthia B Powell on 25 July 2024, trading 6,688 units of TFC stock currently worth $295,208.



What does Truist do?

bb&t and suntrust formed truist with a shared purpose—to inspire and build better lives and communities. with our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more.with 275 years of combined bb&t and suntrust history, truist serves approximately 12 million households with leading market share in many high growth markets in the country. the company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. headquartered in charlotte, north carolina, truist is the sixth-largest commercial bank in the u.s. truist bank, member fdic. learn more at truist.com and see social media terms and conditions at truist.com/socialterms.



What does Truist's logo look like?

Truist Financial Corporation logo

Complete history of Mr. Scruggs stock trades at ODP and Truist

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
28 Nov 2005 ODP ODP Corporation (The) Frank P Jr Scruggs
Director
 Option 33,750 $11.13 $375,638
28 Nov 2005
36,280 ↗


Truist executives and stock owners

Truist executives and other stock owners filed with the SEC include: