Sec Form 4 Filing - JANEWAY RICHARD MD @ BB&T CORP - 2004-05-26

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person JANEWAY RICHARD MD 2. Issuer Name and Ticker or Trading Symbol BB&T CORP [ (BBT)] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) P O BOX 1250 3. Date of Earliest Transaction (MM/DD/YY) 05/26/2004 (Street) WINSTON-SALEM, NC271021250 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 05/26/2004 M 5,256 A $ 7.817 22,843.037 ( 1 ) D Common Stock 05/26/2004 S 900 D $ 37.27 21,943.037 D Common Stock 05/26/2004 S 4,356 D $ 37.23 17,587.037 D Common Stock 19,000 I By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Option (right to buy) $ 7.817 05/26/2004 M 5,256 12/30/1994 06/01/2004 Common Stock 5,256 $ 7.817 0 D Stock Option (right to buy) $ 6.916 06/30/1995 12/31/2004 Common Stock 2,688 2,688 D Stock Option (right to buy) $ 8.52 12/01/1995 07/01/2005 Common Stock 6,724 6,724 D Stock Option (right to buy) $ 11.035 12/01/1996 06/30/2006 Common Stock 5,714 5,714 D Stock Option (right to buy) $ 15.938 12/01/1997 07/01/2007 Common Stock 5,834 5,834 D Stock Option (right to buy) $ 22.602 06/30/1998 12/31/2007 Common Stock 796 796 D Stock Option (right to buy) $ 24.777 12/01/1998 07/01/2008 Common Stock 3,632 3,632 D Stock Option (right to buy) $ 28.872 06/30/1999 12/31/2008 Common Stock 727 727 D Stock Option (right to buy) $ 26.764 12/01/1999 07/01/2009 Common Stock 3,530 3,530 D Stock Option (right to buy) $ 23.238 06/30/2000 12/31/2009 Common Stock 1,032 1,032 D Stock Option (right to buy) $ 20.744 12/31/2000 07/03/2010 Common Stock 5,350 5,350 D Stock Option (right to buy) $ 25.503 06/30/2001 12/29/2010 Common Stock 941 941 D Stock Option (right to buy) $ 27.063 12/04/2001 07/02/2011 Common Stock 4,101 4,101 D Stock Option (right to buy) $ 26.24 06/28/2002 12/31/2011 Common Stock 685 685 D Stock Option (right to buy) $ 28.11 12/31/2002 07/01/2012 Common Stock 4,269 4,269 D Stock Option (right to buy) $ 28.14 06/30/2003 12/31/2012 Common Stock 746 746 D Stock Option (Right to Buy) $ 25.75 01/01/2004 07/01/2013 Common Stock 5,419 5,419 D Stock Option (right to buy) $ 28.89 06/30/2004 12/31/2013 Common Stock 778 778 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other JANEWAY RICHARD MD P O BOX 1250 WINSTON-SALEM, NC271021250 X Signatures By: Sandra B. Lewis, Attorney- in-fact 05/27/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 56.248 shares acquired in February and 61.103 shares acquired in May, under the Issuer's Dividend Reinvestment Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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