Richard Loren Davis, a director of Triumph Bancorp, Inc., recently disposed of 8,650 shares of the company. The disposals took place at $0.00 per share, on dates ranging from February 01 to December 27, 2021. Davis still owns 220,298 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Davis operates out of Dallas, TX. Some additional info was provided as follows:
Represents a gift by the reporting person to a 501(c)(3) charitable organization.
Represents shares of common stock of Issuer granted to the reporting person under Issuer's 2014 Omnibus Incentive Plan. All of such shares were fully vested as of the date of grant.
Consists of (i) 13,911 shares of common stock of Issuer beneficially o
wned by the reporting person, and (ii) 38,628 shares of common stock of Issuer beneficially owned jointly with reporting person's spouse Sheree Davis.
These 74,079 shares are beneficially owned by reporting person as trustee of the Rick Davis 2006 Family Trust. Reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
These 74,079 shares are beneficially owned by reporting person as trustee of the Sheree Davis 2006 Children's Trust. Reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
Each Depository Share represents a I/40th interest in a share of the Issuer's 7.125% Series C Fixed Rate Non-Cumulative Perpetual Preferred Stock, par value $0.01 per share. Shares purchased in an underwritten public offering.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Triumph Bancorp, Inc. makes a similar move, sign up!
