[Form 4] Triumph Financial, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Triumph Financial, Inc. disclosed that Todd Ritterbusch, President of TBK Bank, SSB, made an open‑market purchase of 7,000 shares of common stock at a weighted average price of $67.01 per share. Following this transaction, he directly owns 22,804 common shares and 21,000 depository shares.
Footnotes explain that his common stock stake includes 17,402 shares he beneficially owns outright and 5,402 restricted stock or restricted stock units that are subject to future vesting. Each depository share represents a 1/40th interest in Triumph’s 7.125% Series C preferred stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares ($469,070)
Net Buy
2 txns
Insider
Ritterbusch Todd
Role
President - TBK Bank, SSB
Bought
7,000 shs ($469K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,000 | $67.01 | $469K |
| holding | Depository Shares | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,804 shares (Direct, null);
Depository Shares — 21,000 shares (Direct, null)
Footnotes (1)
- The reported price in Column 4 represents the weighted average purchase price per share. Reporting person shall provide upon request by the Commission staff, the Issuer, or a Security Holder of the Issuer, full information regarding the number of shares purchased at each separate price. Consists of (i) 17,402 shares beneficially owned by reporting person, and (ii) 5,402 shares of restricted stock or restricted stock units of the reporting person subject to future vesting requirements. Each Depository Share represents 1/40th interest in a share of the Issuer's 7.125% Series C Fixed Rate Non-Cumulative Perpetual Preferred Stock, per value $0.01 per share.