Triumph Financial COO reports new stock awards
Triumph Financial EVP and COO Edward Joseph Schreyer reported equity compensation changes in Triumph Financial, Inc. common stock.
Rhea-AI Filing Summary
Triumph Financial EVP and COO Edward Joseph Schreyer reported equity compensation changes in Triumph Financial, Inc. common stock. He received two grants of common stock totaling 6,854 shares (4,163 and 2,691 shares) at no cost, structured as restricted stock and restricted stock units that vest ratably over four years based on service and performance conditions. He also received 7,722 non-qualified employee stock options with an exercise price of $67.55 per share, expiring in 2036, which become exercisable over four years. To cover tax withholding on vesting awards, 3,439 shares of common stock were forfeited rather than sold on the market. Following these transactions, Schreyer holds 24,773 shares of common stock directly, consisting of 9,334 currently owned shares and 12,000 restricted or RSU shares subject to future vesting, plus multiple option grants covering additional shares of Triumph Financial common stock.
Positive
- None.
Negative
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Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Schreyer Edward Joseph
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 7,722 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,163 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,691 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,439 | $67.55 | $232K |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
| holding | Employee Stock Options | -- | -- | -- |
Holdings After Transaction:
Employee Stock Options — 27,474 contracts for 19,752 underlying shares (Direct);
Common Stock — 21,334 shares (Direct)
Footnotes (6)
- 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. Represents the number of shares forfeited to cover tax withholding obligations in connection with the vesting of restricted stock units and performance awards.
- F4. Consists of (i) 9,334 shares beneficially owned by the reporting person, and (ii) 12,000 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements.
- F5. Represents non-qualified stock options of Issuer granted to reporting person under Issuer's 2014 Omnibus Incentive Plan.
- F6. 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
Common stock awards: 6,854 shares
Tax withholding shares: 3,439 shares
New stock options: 7,722 options at $67.55
+4 more
7 metrics
Common stock awards
6,854 shares
Equity grants of 4,163 and 2,691 shares on May 1, 2026
Tax withholding shares
3,439 shares
Shares forfeited to cover tax obligations on vesting awards
New stock options
7,722 options at $67.55
Non-qualified employee stock options expiring May 1, 2036
Post-transaction holdings
24,773 shares
Total Triumph Financial common shares held directly after transactions
Existing option grant
3,968 underlying shares at $51.25
Employee stock options expiring May 1, 2033
Existing option grant
5,864 underlying shares at $72.00
Employee stock options expiring May 1, 2034
Existing option grant
9,920 underlying shares at $54.38
Employee stock options expiring May 1, 2035
Key Terms
Restricted Stock Unit ("RSU"), performance-based restricted stock units, non-qualified stock options, 2014 Omnibus Incentive Plan, +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
"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.
2014 Omnibus Incentive Plan financial
"non-qualified stock options of Issuer granted ... under Issuer's 2014 Omnibus Incentive Plan."
tax withholding obligations financial
"shares forfeited to cover tax withholding obligations in connection with the vesting"
vesting over four years financial
"Exercise of the employee stock option is subject to vesting over four years"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Triumph Financial (TFIN) COO Edward Schreyer report in this Form 4?
Edward Schreyer reported equity compensation activity, including new restricted stock, restricted stock unit, and stock option awards, along with shares forfeited for tax withholding. These are compensation-related grants rather than open-market stock purchases or sales.
What stock options did Edward Schreyer receive from Triumph Financial (TFIN)?
He received 7,722 non-qualified employee stock options with an exercise price of $67.55 per share, expiring in 2036. These options vest over four years, with one quarter becoming exercisable on each anniversary of the grant date under the company’s 2014 Omnibus Incentive Plan.
How do the RSUs granted to Edward Schreyer in Triumph Financial (TFIN) vest?
Each restricted stock unit represents one share of Triumph Financial common stock. The RSUs vest ratably on each of the first four anniversaries of the grant date, meaning one quarter of the award becomes earned and eligible to settle in shares each year.
AI-generated analysis. How Rhea-AI works. Not financial advice.
