Triumph Financial Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$TFIN
Major Banks
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 25, 2025
(Exact name of Registrant as Specified in Its Charter)
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(214 ) 365-6900
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Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Forman Separation Agreement
On July 25, 2025, Melissa-Forman Barenblit, who ceased to serve as an executive officer of Triumph Financial, Inc. (the “Company”) effective March 19, 2025, entered into a Separation Agreement and Release (the “Forman Separation Agreement”) with respect to her employment with TBK Bank, SSB (“TBK Bank”), the Company’s wholly-owned bank subsidiary. Pursuant to the terms of the Forman Separation Agreement, (a) TBK Bank released Ms. Barenblit from her obligations set forth in Section 4.2(a), 4.2(b) and 4.2(e) of her Employment Agreement, dated July 1, 2022, as amended on March 28, 2025, with TBK Bank (the “Forman Employment Agreement”) and (b) TBK Bank and Ms. Barenblit agreed that her employment with TBK Bank will terminate effective seven (7) days following her execution of the Forman Separation Agreement and that TBK Bank will owe no further severance compensation or other benefits to Ms. Barenblit under the Forman Employment Agreement. The Forman Separation Agreement also includes a release of claims by Ms. Barenblit against TBK Bank and its affiliates.
The description of the Forman Separation Agreement is qualified in its entirety by reference to the full text of the Forman Separation Agreement, a copy of which is attached hereto at Exhibit 10.1 and incorporated into this Item 5.02 by reference.
Item 9.01.Financial Statements and Exhibits
(d)Exhibits.
| Exhibit | Description | ||||
| 10.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
EXHIBIT INDEX
| Exhibit | Description | ||||
| 10.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
TRIUMPH FINANCIAL, INC. | |||||
| By: | /s/ Adam D. Nelson | ||||
| Name: Adam D. Nelson Title: Executive Vice President & General Counsel | |||||
Date: July 30, 2025