Todd Ritterbusch - May 1, 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
President - TBK Bank, SSB
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Stock symbol
TFIN
Transactions as of
May 1, 2024
Transactions value $
-$55,800
Form type
4
Date filed
5/3/2024, 04:00 PM
Previous filing
Dec 7, 2023
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +1.22K +7.16% $0.00 18.2K May 1, 2024 Direct F1
transaction TFIN Common Stock Award $0 +874 +4.81% $0.00 19.1K May 1, 2024 Direct F2
transaction TFIN Common Stock Tax liability -$55.8K -775 -4.07% $72.00 18.3K May 1, 2024 Direct F3, F4
holding TFIN Depository Shares 21K May 1, 2024 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TFIN Employee Stock Options Award $0 +2.35K $0.00 2.35K May 1, 2024 Common Stock 2.35K $72.00 Direct F6, F7
holding TFIN Employee Stock Options 2.98K May 1, 2024 Common Stock 2.98K $51.25 Direct F6, F7
holding TFIN Employee Stock Options 2.19K May 1, 2024 Common Stock 2.19K $69.44 Direct F6, F7
holding TFIN Employee Stock Options 1.44K May 1, 2024 Common Stock 1.44K $88.63 Direct F6, F7
holding TFIN Employee Stock Options 2.93K May 1, 2024 Common Stock 2.93K $26.25 Direct F6, F7
holding TFIN Employee Stock Options 945 May 1, 2024 Common Stock 945 $31.00 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest on the ratably on each of the first four anniversaries of the grant date.
F2 Represents the number of shares earned upon satisfaction of performance goals in connection with performance-based restricted stock units.
F3 Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock or restricted stock units and performance awards.
F4 Consists of (i) 15,325 shares beneficially owned by reporting person, and (ii) 2,963 shares of restricted stock of the reporting person subject to future vesting requirements.
F5 Each Depository Share represents 1/40th interest in a share of the Issuer's 7.125% Series C Fixed Rate Non-Cumulative Perpetual Preferred Stock, per value $0.01 per share.
F6 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F7 Exercise of the employee stock option is subject to vesting over four years from the date of grant, with one fourth of such options becoming exercisable on each of the first four anniversaries of the date of grant.