Aaron P. Graft - Dec 13, 2023 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Signature
/s/ Adam D. Nelson, Attorney-in-fact
Stock symbol
TFIN
Transactions as of
Dec 13, 2023
Transactions value $
-$1,823,000
Form type
4
Date filed
12/15/2023, 04:00 PM
Previous filing
Nov 21, 2023
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Sale -$1.82M -25K -12.97% $72.92 168K Dec 13, 2023 Direct F1, F2
holding TFIN Common Stock 3.32K Dec 13, 2023 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported price in Column 4 represents the weighted average price per share. Reporting person shall provide upon request by the Commission staff, the Issuer, or a Security Holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F2 Consists of (i) 153,668 shares beneficially owned by reporting person, and (ii) 14,035 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F3 3,315 shares indirectly owned through reporting person's spouse, by Goldman Sachs custodian FBO Kimberly Graft Roth IRA.