Schreyer Edward Joseph 4

What Happened

• Edward J. Schreyer, COO of Triumph Financial (TFIN), received equity awards on May 1, 2026. The Form 4 shows three grants/awards totaling 14,576 shares (4,163; 2,691; 7,722) reported as acquisitions at $0.00.
• On the same date, 3,439 shares were disposed (surrendered) to cover tax withholding at $67.55 per share, generating a reported value of $232,304. The net effect was issuance of awards with a portion withheld for taxes rather than an open-market sale.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (reports May 1 transactions).
• Grants: 4,163; 2,691; and 7,722 RSUs (all reported at $0.00). Disposal for tax withholding: 3,439 shares at $67.55, total $232,304.
• Beneficial ownership reported (per footnote): 9,334 shares beneficially owned and 12,000 restricted stock/RSUs subject to future vesting (see footnote F4). The filing also shows the new awards and the shares withheld for taxes.
• Relevant footnotes: F1 — RSUs vest ratably over the first four anniversaries of the grant; F2 — some awards are performance-based and earned upon meeting goals; F3 — 3,439 shares were forfeited/surrendered to cover tax withholding. The 7,722 grant is noted as a derivative award (RSU).

Context

• These transactions are compensation-related awards (acquisitions of RSUs) rather than open-market purchases or sales; the share surrender was a routine tax-withholding action, not a market-sale signal. RSUs vest over time (and some are performance contingent), so the economic benefit depends on future vesting and company stock performance.