Form 4: Triumph Financial Director Richard Loren Davis Reports Gift of Shares

Richard Loren Davis, a director at Triumph Financial, Inc., reported a gift of 1,088 common stock shares to a charitable organization on December 20, 2024.

Summary

• On December 20, 2024, Richard Loren Davis, a director of Triumph Financial, Inc. (TFIN), gifted 1,088 shares of common stock to a 501(c)(3) charitable organization.
• Following the transaction, Davis directly owns 54,174 shares.
• Davis also indirectly owns 74,079 shares through the Rick Davis 2006 Family Trust and another 74,079 shares through the Sheree Davis 2006 Children's Trust, for which he serves as trustee but disclaims beneficial ownership except to the extent of his pecuniary interest.
• Additionally, Davis directly owns 20,000 Depository Shares, each representing a 1/40th interest in a share of the Issuer's 7.125% Series C Fixed Rate Non-Cumulative Perpetual Preferred Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reporting a gift of shares. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a gift of shares by a director, which is not uncommon.

Stakeholder Impact

• The gift of shares by a director could be viewed positively by stakeholders as a charitable contribution.

Key Dates