William B. Voss - 01 May 2024 Form 4 Insider Report for Triumph Financial, Inc. (TFIN)

Role: Chief Financial Officer
Signature: /s/ Adam D. Nelson, Attorney-in-fact
Issuer symbol: TFIN
Transactions as of: 01 May 2024
Net transactions value: -$32,256
Form type: 4
Filing time: 03 May 2024, 16:02:42 UTC
Previous filing: 03 May 2023
Next filing: 29 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	+1,388	+6.7%	$0.000000	22,092	01 May 2024	Direct	F1
transaction	TFIN	Common Stock	Tax liability	$32,256	-448	-2%	$72.00	21,644	01 May 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	+2,680		$0.000000	2,680	01 May 2024	Common Stock	2,680	$72.00	Direct	F4, F5
holding	TFIN	Employee Stock Options						3,968	01 May 2024	Common Stock	3,968	$51.25	Direct	F4, F5
holding	TFIN	Employee Stock Options						2,187	01 May 2024	Common Stock	2,187	$69.44	Direct	F4, F5
holding	TFIN	Employee Stock Options						625	01 May 2024	Common Stock	625	$38.75	Direct	F4, F5
holding	TFIN	Employee Stock Options						435	01 May 2024	Common Stock	435	$25.80	Direct	F4, F5
holding	TFIN	Employee Stock Options						427	01 May 2024	Common Stock	427	$15.87	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) 17,998 shares beneficially owned by reporting person, and (ii) 3,646 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.