Voss William B. 4
4 · Triumph Financial, Inc. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Triumph Financial CFO William Voss Receives RSUs; Sells 1,672 Shares
What Happened
William B. Voss, Chief Financial Officer of Triumph Financial (TFIN), received equity awards on May 1, 2026 totaling 9,029 restricted stock units (RSUs) (grants of 2,220; 2,691; and 4,118 RSUs). At the same time 1,672 shares were forfeited/withheld to cover tax withholding obligations at $67.55 per share, yielding proceeds/value of $112,944 (reported as a disposition for tax withholding).
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026.
- Grants: 2,220 RSUs @ $0.00; 2,691 RSUs (performance-based) @ $0.00; 4,118 RSUs (derivative) @ $0.00.
- Tax withholding: 1,672 shares withheld/disposed at $67.55 per share (total $112,944). This is reported as a disposition to cover tax liabilities.
- Shares owned after transaction (per filing): 10,525 shares beneficially owned + 5,471 restricted shares/RSUs subject to future vesting.
- Notable footnotes: RSUs vest ratably over the first four anniversaries of the grant (vesting schedule); the 2,691 amount reflects performance-based awards; 1,672 shares forfeited to satisfy tax withholding. The filing does not indicate a 10b5-1 plan.
Context
These transactions are routine equity compensation activity: new RSU awards were granted, and a portion of shares was withheld to satisfy tax obligations upon vesting (a common "sell to cover" or withholding). Such withholding is not the same as an open-market sale and is typically administrative rather than a signal of insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-01+2,220→ 14,977 total - Award
Common Stock
[F2]2026-05-01+2,691→ 17,668 total - Tax Payment
Common Stock
[F3][F4]2026-05-01$67.55/sh−1,672$112,944→ 15,996 total - Award
Employee Stock Options
[F5][F6]2026-05-01+4,118→ 4,118 totalExercise: $67.55Exp: 2036-05-01→ Common Stock (4,118 underlying)
- 5,291
Employee Stock Options
[F5][F6]Exercise: $54.38Exp: 2035-05-01→ Common Stock (5,291 underlying) - 2,680
Employee Stock Options
[F5][F6]Exercise: $72.00Exp: 2034-05-01→ Common Stock (2,680 underlying) - 3,968
Employee Stock Options
[F5][F6]Exercise: $51.25Exp: 2033-05-01→ Common Stock (3,968 underlying) - 2,187
Employee Stock Options
[F5][F6]Exercise: $69.44Exp: 2032-05-01→ Common Stock (2,187 underlying) - 625
Employee Stock Options
[F5][F6]Exercise: $38.75Exp: 2028-05-01→ Common Stock (625 underlying) - 435
Employee Stock Options
[F5][F6]Exercise: $25.80Exp: 2027-05-01→ Common Stock (435 underlying)
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) 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.
- [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.