Deadman Davis R 4
Research Summary
AI-generated summary
Triumph Financial Director Deadman Davis R Receives 1,258-Share Award
What Happened
Deadman Davis R, a director of Triumph Financial, Inc. (TFIN), was granted 1,258 restricted stock units on 2026-05-01. The grant was recorded at $0.00 per share (total reported cost $0) and is reported as an award/acquisition on the Form 4.
Key Details
- Transaction date: 2026-05-01; Filing date (Form 4): 2026-05-05 (filed within the 2-business-day requirement).
- Grant type/code: A (award/grant); 1,258 shares granted at $0.00 per share.
- Shares owned after transaction (per filing footnote): 9,176 shares currently beneficially owned plus 1,258 restricted shares/RSUs subject to future vesting (10,434 total when counting unvested units).
- Footnote F1: These are time-vested RSUs that vest one year from the award date.
- Footnote F3: (Related filing note) each Depository Share equals a 1/40th interest in a specified series of preferred stock (background on other securities reported).
Context
This was an equity award for compensation, not an open-market purchase or sale. Awards at grant typically do not indicate immediate buying or selling pressure — the shares are unvested and become actual stock only if vesting conditions are met (here, one year). The filing appears timely, so no late-filing implications were noted.