Aaron P. Graft - May 1, 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role: President & CEO, Director
Signature: /s/ Adam D. Nelson, Attorney-in-fact
Stock symbol: TFIN
Transactions as of: May 1, 2024
Transactions value $: -$274,032
Form type: 4
Date filed: 5/3/2024, 04:00 PM
Previous filing: Dec 15, 2023
Next filing: Aug 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TFIN	Common Stock	Award	$0	+6.29K	+3.75%	$0.00	174K	May 1, 2024	Direct	F1
transaction	TFIN	Common Stock	Award	$0	+5.02K	+2.88%	$0.00	179K	May 1, 2024	Direct	F2
transaction	TFIN	Common Stock	Tax liability	-$274K	-3.81K	-2.13%	$72.00	175K	May 1, 2024	Direct	F3, F4
holding	TFIN	Common Stock						3.32K	May 1, 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	+12.1K		$0.00	12.1K	May 1, 2024	Common Stock	12.1K	$72.00	Direct	F6, F7
holding	TFIN	Employee Stock Options						15.8K	May 1, 2024	Common Stock	15.8K	$51.25	Direct	F6, F7
holding	TFIN	Employee Stock Options						10.9K	May 1, 2024	Common Stock	10.9K	$69.44	Direct	F6, F7
holding	TFIN	Employee Stock Options						8.27K	May 1, 2024	Common Stock	8.27K	$88.63	Direct	F6, F7
holding	TFIN	Employee Stock Options						9.77K	May 1, 2024	Common Stock	9.77K	$26.25	Direct	F6, F7
holding	TFIN	Employee Stock Options						7.1K	May 1, 2024	Common Stock	7.1K	$31.00	Direct	F6, F7
holding	TFIN	Employee Stock Options						9.74K	May 1, 2024	Common Stock	9.74K	$38.75	Direct	F6, F7
holding	TFIN	Employee Stock Options						11.9K	May 1, 2024	Common Stock	11.9K	$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.