Edward Joseph Schreyer - Jan 29, 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Signature
/s/ Adam D. Nelson, Attorney-in-fact
Stock symbol
TFIN
Transactions as of
Jan 29, 2024
Transactions value $
-$928,553
Form type
4
Date filed
1/31/2024, 04:01 PM
Previous filing
Dec 5, 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 -$929K -12.8K -20.11% $72.43 50.9K Jan 29, 2024 Direct F1, F2
* 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) 5 shares beneficially owned by reporting person, and (ii) 50,934 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.