Aaron P. Graft - 01 May 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
President & CEO, Director
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Issuer symbol
TFIN
Transactions as of
01 May 2024
Net transactions value
-$274,032
Form type
4
Filing time
03 May 2024, 16:00:46 UTC
Previous filing
15 Dec 2023
Next filing
20 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +6,293 +3.8% $0.000000 173,996 01 May 2024 Direct F1
transaction TFIN Common Stock Award $0 +5,016 +2.9% $0.000000 179,012 01 May 2024 Direct F2
transaction TFIN Common Stock Tax liability $274,032 -3,806 -2.1% $72.00 175,206 01 May 2024 Direct F3, F4
holding TFIN Common Stock 3,315 01 May 2024 By Spouse 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 +12,148 $0.000000 12,148 01 May 2024 Common Stock 12,148 $72.00 Direct F6, F7
holding TFIN Employee Stock Options 15,823 01 May 2024 Common Stock 15,823 $51.25 Direct F6, F7
holding TFIN Employee Stock Options 10,886 01 May 2024 Common Stock 10,886 $69.44 Direct F6, F7
holding TFIN Employee Stock Options 8,269 01 May 2024 Common Stock 8,269 $88.63 Direct F6, F7
holding TFIN Employee Stock Options 9,767 01 May 2024 Common Stock 9,767 $26.25 Direct F6, F7
holding TFIN Employee Stock Options 7,103 01 May 2024 Common Stock 7,103 $31.00 Direct F6, F7
holding TFIN Employee Stock Options 9,739 01 May 2024 Common Stock 9,739 $38.75 Direct F6, F7
holding TFIN Employee Stock Options 11,883 01 May 2024 Common Stock 11,883 $25.80 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) 159,733 shares beneficially owned by reporting person, and (ii) 15,473 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F5 3,315 shares indirectly owned through reporting person's spouse, by Goldman Sachs custodian FBO Kimberly Graft Roth IRA.
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.