Insider Trends: Insider Sales Add to 90-Day Trend at Triumph Bancorp
04:02 PM EDT, 05/07/2021 (MT Newswires) -- Aaron P Graft, Director and President & CEO, executed a sale of 20,000 shares in Triumph Bancorp (TBK) on May 05, 2021, for $1,797,601. Graft, after the transactions defined in the SEC Form 4 filing, has control over 242,384 shares of company stock of which 239,069 shares are held directly and 3,315 shares are controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $22.0 million.
In the 90 days prior to the date of this filing, there have been 16 insider transactions reported to the SEC for Triumph Bancorp. These transactions came from the activities of 5 individual insiders that resulted in a net disposition of 18,774 company shares. In the preceding 90-day window of time, there were 16 transactions from 10 insiders that resulted in the net disposition of 25,593 shares.
This level of insider transactions is below that of the peer group average in the 212-company Corporate Banks peer group over the last 90-day period. Peer group activity averaged 114.6 transactions per company, and disposition of 1,080 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1539638/000120919121030870/xslF345X03/doc4.xml
This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.