Triumph Financial (TFIN) CFO receives new shares, options in equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Triumph Financial, Inc. Chief Financial Officer William B. Voss reported routine equity-compensation activity. He received 2,691 shares of common stock as a grant or award and 2,220 shares earned from performance-based restricted stock units. The company withheld 1,672 shares at $67.55 per share to cover tax obligations on vesting, which is not an open-market sale. Voss also received 4,118 employee stock options for common stock at an exercise price of $67.55 per share, expiring in 2036. After these transactions, he directly holds 17,668 shares of common stock, including 10,525 shares beneficially owned and 5,471 restricted shares or RSUs subject to future vesting, and maintains multiple outstanding option grants with various exercise prices and expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Voss William B.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 4,118 | $0.00 | -- |
| Grant/Award | Common Stock | 2,220 | $0.00 | -- |
| Grant/Award | Common Stock | 2,691 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,672 | $67.55 | $113K |
| 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 — 4,118 shares (Direct, null);
Common Stock — 14,977 shares (Direct, null)
Footnotes (1)
- 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. Represents the number of shares earned upon satisfaction of performance goals in connection with performance-based restricted stock units. Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock units and performance awards. Consists of (i) 10,525 shares beneficially owned by the reporting person, and (ii) 5,471 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements. Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan. 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
Tax withholding shares: 1,672 shares at $67.55/share
Time-based stock grant: 2,691 shares
Performance RSUs earned: 2,220 shares
+5 more
8 metrics
Tax withholding shares
1,672 shares at $67.55/share
Shares forfeited to cover tax withholding on vesting (code F)
Time-based stock grant
2,691 shares
Common stock granted as award; RSUs vest over four years
Performance RSUs earned
2,220 shares
Shares earned upon satisfaction of performance goals for performance-based RSUs
New option grant
4,118 options at $67.55
Employee stock options on common stock, expiring 2036-05-01
Common shares held after
17,668 shares
Direct Triumph Financial common stock holdings after transactions
Beneficially owned common
10,525 shares
Portion of post-transaction holdings beneficially owned by William Voss
Unvested restricted stock/RSUs
5,471 shares or units
Restricted stock or RSUs subject to future vesting requirements
Largest existing option lot
5,291 options at $54.38
Employee stock options on common stock expiring 2035-05-01
Key Terms
Restricted Stock Unit ("RSU"), performance-based restricted stock units, tax withholding obligations, non-qualified stock options, +2 more
6 terms
Restricted Stock Unit ("RSU") financial
"Each share is represented by a Restricted Stock Unit ("RSU")."
performance-based restricted stock units financial
"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.
tax withholding obligations financial
"shares forfeited to cover tax withholding obligations in connection with the vesting"
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.
2014 Omnibus Incentive Plan financial
"granted to reporting person under Issuer's 2014 Omnibus Incentive Plan."
vesting over four years financial
"subject to vesting over four years from the date of grant"
FAQ
What insider transactions did Triumph Financial (TFIN) report for CFO William Voss?
CFO William Voss reported equity-compensation activity, including stock grants, performance-based RSUs earned, tax-withholding share dispositions, and a new employee stock option grant, rather than open-market buying or selling of Triumph Financial common shares.
What new stock awards did Triumph Financial (TFIN) grant to CFO William Voss?
William Voss received 2,691 shares of common stock as a grant or award and 2,220 shares earned upon meeting performance goals, reflecting vesting and performance-based restricted stock unit awards under Triumph Financial’s equity incentive arrangements.
What stock options does Triumph Financial (TFIN) CFO William Voss hold after this filing?
William Voss holds several employee stock option grants on Triumph Financial common stock, including a new 4,118-share grant with a $67.55 exercise price and a 2036-05-01 expiration, plus earlier options at exercise prices from $25.80 to $72.00 expiring through 2035.