TRANSAMERICA SERIES TRUST

Supplement to the Currently Effective Prospectus, Summary Prospectus

and Statement of Additional Information

Transamerica TSW International Equity VP

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Effective immediately, the following will replace the corresponding information in the Prospectus and Summary Prospectus for Transamerica TSW International Equity VP under the section entitled “Management”:

 

  Management:  
  Investment Manager: Transamerica Asset Management, Inc.  
  Sub-Adviser: Thompson, Siegel &Walmsley LLC  
  Portfolio Managers:  
  Brandon H. Harrell, CFA    Portfolio Manager    since May 2013  
  Stedman D. Oakey, CFA    Portfolio Manager    since July 2025  

Effective immediately, the following will replace the corresponding information in the Prospectus for Transamerica TSW International Equity VP under the section entitled “Shareholder Information – Portfolio Manager(s)”:

Name   Sub-Adviser    Positions Over Past Five Years
Brandon H. Harrell, CFA   Thompson, Siegel &Walmsley LLC    Portfolio Manager of the portfolio since 2013; Portfolio Manager at Thompson, Siegel & Walmsley LLC since 1996
Stedman D. Oakey, CFA   Thompson, Siegel &Walmsley LLC    Portfolio Manager of the portfolio since 2025; Portfolio Manager at Thompson, Siegel &Walmsley LLC since 2011 and International Research Analyst since 2005

* * *

Effective immediately, the following will replace the corresponding information in the Statement of Additional Information under the section in Appendix B entitled “Portfolio Managers—Thompson, Siegel & Walmsley LLC (“TSW”)”:

Transamerica TSW International Equity VP

Portfolio Manager  

 

Registered Investment
Companies

 

 

 

Other Pooled Investment

Vehicles

 

 

Other Accounts

 

 

Number

 

 

 

Assets

Managed

 

 

Number

 

 

Assets

Managed

 

 

Number

 

 

Assets

Managed

 

             
Brandon H. Harrell, CFA   6   $6.97 billion   5   $1.73 billion   11   $3.57 billion
             
Stedman D. Oakey, CFA*   6   $7.00 billion   5   $1.71 billion   12   $3.79 billion
 

Fee Based Accounts

(The number of accounts and the total assets in the accounts managed by each portfolio manager with

respect to which the advisory fee is based on the performance of the account.)

             
Brandon H. Harrell, CFA   0   $0   0   $0   0   $0
             
Stedman D. Oakey, CFA*   0   $0   0   $0   0   $0

* As of March 31, 2025

* * *

 

Investors Should Retain this Supplement for Future Reference

July 1, 2025