Triumph Financial (TFIN) counsel sells 3,750 shares
Rhea-AI Filing Summary
Triumph Financial, Inc. executive Nelson Adam D, EVP and General Counsel, sold 3,750 shares of common stock on August 4, 2026 at $79.05 per share in a sale described as an open-market or private transaction. After this trade, he holds 23,755 shares, consisting of 19,294 shares beneficially owned and 4,461 restricted shares or restricted stock units subject to future vesting requirements. The transaction was not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,750 shares
Net Sell
1 txn
Insider
Nelson Adam D
Role
EVP and General Counsel
Sold
3,750 shs ($296K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 3,750 | $79.05 | $296K |
Holdings After Transaction:
Common Stock — 23,755 shares (Direct)
Footnotes (1)
- F1. Consists of (i) 19,294 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.
Key Figures
Shares sold: 3,750 shares
Sale price: $79.05 per share
Shares held after transaction: 23,755 shares
+3 more
6 metrics
Shares sold
3,750 shares
Common stock sale on August 4, 2026
Sale price
$79.05 per share
Price for the 3,750 common shares sold
Shares held after transaction
23,755 shares
Total holdings reported following the sale
Beneficially owned shares
19,294 shares
Portion of post-transaction holdings beneficially owned
Restricted shares/units
4,461 shares or units
Restricted stock or restricted stock units subject to future vesting
Net shares sold
3,750 shares
Net sell direction in transaction summary
Key Terms
beneficially owned, restricted stock units, future vesting requirements, Sale in open market or private transaction
4 terms
beneficially owned financial
"19,294 shares beneficially owned by reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
restricted stock units financial
"4,461 shares of restricted stock or restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
future vesting requirements financial
"restricted stock units of the reporting person subject to future vesting requirements"
Sale in open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Triumph Financial (TFIN) report for Nelson Adam D?
Triumph Financial reported that EVP and General Counsel Nelson Adam D sold 3,750 shares of common stock on August 4, 2026. The sale was recorded as an open-market or private transaction at a price of $79.05 per share.
Were the Triumph Financial (TFIN) insider sales under a Rule 10b5-1 plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The specific Rule 10b5-1 checkbox for this Form 4 was not marked as applicable to the sale reported for Nelson Adam D.
What portion of Nelson Adam D’s Triumph Financial (TFIN) holdings are restricted?
Of the 23,755 shares held after the sale, 4,461 are restricted stock or restricted stock units. These restricted shares or units are subject to future vesting requirements, while the remaining 19,294 shares are beneficially owned outright.