[144] Triumph Financial, Inc. SEC Filing

Rhea-AI Filing Summary

Triumph Financial, Inc. (NASDAQ: TFIN) has filed a Form 144 indicating a proposed sale of restricted securities under Rule 144.

• Shares to be sold: 3,500 common shares
• Estimated market value: $210,345 (based on recent market price embedded in the filing)
• Broker: Merrill Lynch, One Cowboys Way, Suite 400, Frisco, TX 75034
• Scheduled sale date: 01 July 2025
• Shares outstanding: 23,419,740  → proposed sale equals roughly 0.015% of total shares
• Origin of shares: Stock bonus received on 01 Dec 2016
• Prior 3-month sales: None reported

The form contains no additional details about the filer’s identity, relationship to the issuer, or whether the transaction is part of a Rule 10b5-1 trading plan. The signer affirms possession of no undisclosed material adverse information.

Investment view: The transaction is small relative to Triumph Financial’s share count and therefore not expected to have a material impact on trading liquidity or corporate fundamentals. Nevertheless, any insider-related selling can be perceived as a mild negative signal, particularly if followed by larger or more frequent dispositions.

Positive

• Small transaction size: 3,500 shares equal only ~0.015% of the company’s outstanding stock, making market impact minimal

Negative

• Potential insider sale: Even a modest disposition can signal lower management confidence or personal liquidity needs, viewed as a slight negative by some investors

Insights

Securities Analyst

TL;DR: Minor Form 144 filing—3,500 shares (<0.02%)—largely immaterial, but flags modest insider liquidity event.

The notice covers a proposed Rule 144 sale of 3,500 Triumph Financial common shares worth about $210k. With 23.4 million shares outstanding, the transaction represents a negligible 0.015% stake and should not pressure the stock mechanically. Shares were awarded via a 2016 stock-bonus, suggesting routine diversification rather than a valuation call. No prior 3-month sales are disclosed, reducing concerns about a broader disposal program.

Because the document lacks the seller’s name and relationship, investors cannot directly assess alignment of interests or insider sentiment. Still, Rule 144 filings generally involve affiliates or insiders, so the sale may carry a mild negative signaling effect. Overall impact on valuation or liquidity is expected to be de minimis; I classify the event as neutral to slightly negative.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	MERRILL LYNCH ONE COWBOYS WAY STE 400 FRISCO TX 75034	3500	210345.00	23419740	07/01/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON	12/01/2016	STOCK BONUS	TRIUMPH			3500	12/01/2015	STOCK BONUS

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Triumph Financial (TFIN) shares are being sold under this Form 144?

The notice covers 3,500 common shares.

What is the estimated market value of the proposed TFIN share sale?

The filing lists an aggregate value of $210,345 for the 3,500 shares.

When is the scheduled sale date for the Triumph Financial shares?

The filer intends to sell on July 1, 2025.

What percentage of Triumph Financial’s shares outstanding does 3,500 shares represent?

Approximately 0.015% of the 23,419,740 shares outstanding.

Were there any other Triumph Financial insider sales in the past three months?

No. The filing states "Nothing to report" for prior 3-month sales.