Edward Joseph Schreyer - May 1, 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role
EVP, Chief Operating Officer
Signature
/s/ Adam D. Nelson, Attorney-in-fact
Stock symbol
TFIN
Transactions as of
May 1, 2024
Transactions value $
-$586,800
Form type
4
Date filed
5/3/2024, 04:01 PM
Previous filing
Jan 31, 2024
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TFIN Common Stock Award $0 +3.04K +5.96% $0.00 54K May 1, 2024 Direct F1
transaction TFIN Common Stock Tax liability -$587K -8.15K -15.1% $72.00 45.8K May 1, 2024 Direct F2, F3

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 +5.86K $0.00 5.86K May 1, 2024 Common Stock 5.86K $72.00 Direct F4, F5
holding TFIN Employee Stock Options 3.97K May 1, 2024 Common Stock 3.97K $51.25 Direct F4, F5
* 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 forfeited to cover tax withholding obligations in connection with the vesting of restricted stock or restricted stock unit awards.
F3 Consists of (i) 13,532 shares beneficially owned by reporting person, and (ii) 32,294 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
F4 Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
F5 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.