Triumph Financial EVP reports option and stock awards
Triumph Financial, Inc. executive Adam D. Nelson, EVP and General Counsel, reported compensation-related equity activity on May 1, 2026.
Rhea-AI Filing Summary
Triumph Financial, Inc. executive Adam D. Nelson, EVP and General Counsel, reported compensation-related equity activity on May 1, 2026. He received 3,432 employee stock options with an exercise price of $67.55 per share, expiring May 1, 2036, plus common stock awards of 1,850 and 2,017 shares. The amendment corrects an earlier report to reflect the 2,017‑share grant. In connection with restricted stock and performance awards vesting, 1,194 shares of common stock were forfeited to cover tax withholding obligations at $67.55 per share. Reported holdings include 23,044 shares beneficially owned, 4,461 restricted shares or RSUs subject to vesting, and several outstanding option grants over additional common shares at exercise prices between $31.00 and $88.63.
Positive
- None.
Negative
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Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Nelson Adam D
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 3,432 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,850 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,017 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,194 | $67.55 | $81K |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options — 22,853 contracts for 19,421 underlying shares (Direct);
Common Stock — 27,505 shares (Direct)
Footnotes (7)
- 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. This Form 4/A amends the Form 4 filed on May 5, 2026 to correct the number of shares reported in Box 4 from 2,710 shares to 2,017 shares.
- F4. Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock units and performance awards.
- F5. Consists of (i) 23,044 shares beneficially owned by reporting person, and (ii) 4,461 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
- 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.
Key Figures
Employee stock options granted: 3,432 options at $67.55 per share
Common stock award: 1,850 shares
Corrected common stock award: 2,017 shares
+4 more
7 metrics
Employee stock options granted
3,432 options at $67.55 per share
Grant to Adam D. Nelson on May 1, 2026; options expire May 1, 2036
Common stock award
1,850 shares
Common stock acquired at $0.00 per share on May 1, 2026
Corrected common stock award
2,017 shares
Amended from 2,710 shares in a prior report for Box 4
Shares forfeited for tax withholding
1,194 shares at $67.55 per share
Common stock withheld to cover tax obligations on vesting awards
Beneficially owned common shares
23,044 shares
Non-derivative Triumph Financial shares held by Adam D. Nelson
Restricted stock and RSUs
4,461 shares
Restricted stock or RSUs subject to future vesting requirements
Largest outstanding option grant
4,409 underlying shares at $54.38
Employee stock options expiring May 1, 2035, held directly
Key Terms
Restricted Stock Unit, performance-based restricted stock units, non-qualified stock options, Omnibus Incentive Plan, +1 more
5 terms
Restricted Stock Unit financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
performance-based restricted stock units financial
"Shares earned upon satisfaction of performance goals in connection with performance-based restricted stock units."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
non-qualified stock options financial
"Represents non-qualified stock options of Issuer granted to reporting person."
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Omnibus Incentive Plan financial
"Granted to reporting person under Issuer's 2014 Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
tax withholding obligations financial
"Shares forfeited to cover tax withholding obligations in connection with vesting."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Triumph Financial (TFIN) EVP Adam D. Nelson report?
Adam D. Nelson reported 3,432 employee stock options at an exercise price of $67.55 per share and common stock awards of 1,850 and 2,017 shares, all granted on May 1, 2026 as part of his compensation.
What correction does this Form 4/A for Triumph Financial (TFIN) make?
The amendment corrects a prior report to show a grant of 2,017 shares, instead of 2,710 shares, in Box 4. This change aligns the disclosed common stock award with the number of shares actually earned and credited.
What stock option holdings for Triumph Financial (TFIN) does Nelson report?
Nelson reports a new grant of 3,432 employee stock options at $67.55, expiring May 1, 2036, and several prior option awards, including one over 4,409 underlying shares at an exercise price of $54.38, expiring May 1, 2035.
AI-generated analysis. How Rhea-AI works. Not financial advice.
