Companies Triumph Financial, Inc.
Triumph Financial (TBK): executive pay, fiscal 2025
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CEO pay, last three years
- $3,260,635FY2023
- $3,515,034FY2024
- $4,607,786FY2025
CEO total pay was $4,607,786 in fiscal 2025, up from $3,515,034 in fiscal 2024.
FY2025: salary $725,000 · bonus $0 · stock awards $2,808,839 · option awards $634,360
Executives and directors
Frequently asked questions
Who was the highest-paid executive at Triumph Financial, Inc. in fiscal 2025?
As disclosed, AARON GRAFT (Director, Vice Chairman, CEO & President) was the highest-paid executive at Triumph Financial, Inc. in fiscal 2025, with total compensation of $4,607,786.
What is Triumph Financial, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Triumph Financial, Inc.'s CEO-to-median employee pay ratio was 58:1.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| AARON GRAFT | $725,000 | $0 | $2,808,839 | $634,360 | $362,895 | $0 | $76,693 | $4,607,786 |
| Director, Vice Chairman, CEO & President | ||||||||
| EDWARD SCHREYER | 500,000 | 0 | 1,245,231 | 281,232 | 250,272 | 0 | 14,000 | 2,290,735 |
| Executive Vice President, COO | ||||||||
| TODD RITTERBUSCH | 416,667 | 37,500 | 664,109 | 150,000 | 177,276 | 0 | 16,850 | 1,462,401 |
| President, TBK Bank, and President, Payments and Banking | ||||||||
| W VOSS | 400,000 | 0 | 664,109 | 150,000 | 166,848 | 0 | 22,075 | 1,403,031 |
| Executive Vice President, CFO | ||||||||
| ADAM NELSON | 400,000 | 0 | 553,344 | 124,995 | 166,848 | 0 | 14,000 | 1,259,187 |
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| AARON GRAFT | $4,607,786 | $3,515,034 | $3,260,635 | ↑ +1,092,752 |
| EDWARD SCHREYER | 2,290,735 | 1,906,650 | 1,733,111 | ↑ +384,085 |
| TODD RITTERBUSCH | 1,462,401 | 1,040,356 | — | ↑ +422,045 |
| W VOSS | 1,403,031 | 1,107,249 | 1,087,037 | ↑ +295,782 |
| ADAM NELSON | 1,259,187 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation programs are designed to enable the Company to attract, motivate and retain talent needed for the Company’s success, reward executives for performance, align executive interests with those of our shareholders, and provide competitive compensation with a balanced approach that promotes sound risk management practices.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| W VOSS | RSU | 253 | — | $15,845 |
| TODD RITTERBUSCH | RSU | 253 | — | 15,845 |
| ADAM NELSON | RSU | 253 | — | 15,845 |
| W VOSS | Option | 547 | 69.44 | — |
| TODD RITTERBUSCH | Option | 547 | 69.44 | — |
| ADAM NELSON | Option | 547 | 69.44 | — |
| TODD RITTERBUSCH | RSU | 732 | — | 45,845 |
| ADAM NELSON | RSU | 732 | — | 45,845 |
| ADAM NELSON | RSU | 781 | — | 48,914 |
| TODD RITTERBUSCH | RSU | 912 | — | 57,119 |
| W VOSS | RSU | 976 | — | 61,127 |
| W VOSS | RSU | 1,041 | — | 65,198 |
| AARON GRAFT | RSU | 1,260 | — | 78,914 |
| TODD RITTERBUSCH | Option | 1,488 | 51.25 | — |
| ADAM NELSON | Option | 1,488 | 51.25 | — |
| ADAM NELSON | Option | 1,508 | 72 | — |
| TODD RITTERBUSCH | Option | 1,759 | 72 | — |
| W VOSS | Option | 1,984 | 51.25 | — |
| EDWARD SCHREYER | Option | 1,984 | 51.25 | — |
| W VOSS | Option | 2,010 | 72 | — |
| EDWARD SCHREYER | RSU | 2,279 | — | 142,734 |
| ADAM NELSON | RSU | 2,298 | — | 143,924 |
| EDWARD SCHREYER | RSU | 2,700 | — | 169,101 |
| AARON GRAFT | Option | 2,722 | 69.44 | — |
| W VOSS | RSU | 2,758 | — | 172,734 |
| TODD RITTERBUSCH | RSU | 2,758 | — | 172,734 |
| AARON GRAFT | RSU | 3,890 | — | 243,631 |
| EDWARD SCHREYER | Option | 4,398 | 72 | — |
| ADAM NELSON | Option | 4,409 | 54.38 | — |
| AARON GRAFT | RSU | 4,720 | — | 295,614 |
| EDWARD SCHREYER | RSU | 4,878 | — | 305,509 |
| EDWARD SCHREYER | RSU | 5,171 | — | 323,860 |
| W VOSS | Option | 5,291 | 54.38 | — |
| TODD RITTERBUSCH | Option | 5,291 | 54.38 | — |
| ADAM NELSON | RSU | 7,286 | — | 456,322 |
| AARON GRAFT | Option | 7,912 | 51.25 | — |
| TODD RITTERBUSCH | RSU | 8,504 | — | 532,606 |
| AARON GRAFT | Option | 9,111 | 72 | — |
| W VOSS | RSU | 9,716 | — | 608,513 |
| EDWARD SCHREYER | Option | 9,920 | 54.38 | — |
| TODD RITTERBUSCH | RSU | 10,240 | — | 641,331 |
| ADAM NELSON | RSU | 10,240 | — | 641,331 |
| AARON GRAFT | RSU | 11,665 | — | 730,579 |
| W VOSS | RSU | 13,656 | — | 855,275 |
| EDWARD SCHREYER | RSU | 13,656 | — | 855,275 |
| ADAM NELSON | RSU | 16,086 | — | 1,007,466 |
| W VOSS | RSU | 19,306 | — | 1,209,135 |
| TODD RITTERBUSCH | RSU | 19,306 | — | 1,209,135 |
| EDWARD SCHREYER | RSU | 21,266 | — | 1,331,890 |
| AARON GRAFT | Option | 22,376 | 54.38 | — |
| EDWARD SCHREYER | RSU | 36,200 | — | 2,267,206 |
| AARON GRAFT | RSU | 44,050 | — | 2,758,852 |
| AARON GRAFT | RSU | 54,460 | — | 3,410,830 |
| AARON GRAFT | RSU | 81,655 | — | 5,114,053 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $75,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 37,500 / 12,000 / 12,000 |
| Stock ownership guideline | the Company does not permit shares pledged by senior executive officers and directors to be applied toward stock ownership guidelines |
Peer group, and who names Triumph Financial as a peer
Companies that benchmark against TBK
16 companies name TBK as a compensation peer
Each company listed discloses TBK in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TBK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Triumph Financial, Inc. | 2025 | AARON GRAFT | $725,000 | $2,808,839 | $634,360 | $362,895 | $4,607,786 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 58 : 1 |
|---|---|
| CEO total compensation | $4,607,786 |
| Median employee compensation | $79,400 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| AARON GRAFT | Director | 2026-05-01 | A | 9,391 | $0 | $0 | RSU | Form 4 ↗ |
| AARON GRAFT | Director | 2026-05-01 | A | 10,730 | 0 | 0 | Common | Form 4 ↗ |
| TODD RITTERBUSCH | President - TBK Bank, SSB | 2026-05-01 | D | 1,431 | 68 | 96,664 | Common | Form 4 ↗ |
| TODD RITTERBUSCH | President - TBK Bank, SSB | 2026-05-01 | A | 2,017 | 0 | 0 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 1,850 | 0 | 0 | RSU | Form 4 ↗ |
| W VOSS | Chief Financial Officer | 2026-05-01 | D | 1,672 | 68 | 112,944 | Common | Form 4 ↗ |
| W VOSS | Chief Financial Officer | 2026-05-01 | A | 2,691 | 0 | 0 | Common | Form 4 ↗ |
| W VOSS | Chief Financial Officer | 2026-05-01 | A | 2,220 | 0 | 0 | RSU | Form 4 ↗ |
| C. Todd Sparks | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| Charles Albert Anderson | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-05-01 | D | 3,439 | 68 | 232,304 | Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-05-01 | A | 2,691 | 0 | 0 | Common | Form 4 ↗ |
| Melissa K. McSherry | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| Debra A. Bradford | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| Laura Easley | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| TODD RITTERBUSCH | President - TBK Bank, SSB | 2026-05-01 | A | 4,376 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 3,432 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 2,710 | 0 | 0 | Common | Form 4 ↗ |
| Michael P. Rafferty | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 3,432 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | D | 1,194 | 68 | 80,655 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 2,017 | 0 | 0 | Common | Form 4 ↗ |
| Michael P. Rafferty | Director | 2026-05-01 | A | 1,528 | 0 | 0 | Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-05-01 | A | 7,722 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-05-01 | A | 4,163 | 0 | 0 | RSU | Form 4 ↗ |
| AARON GRAFT | Director | 2026-05-01 | A | 17,418 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| W VOSS | Chief Financial Officer | 2026-05-01 | A | 4,118 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| TODD RITTERBUSCH | President - TBK Bank, SSB | 2026-05-01 | A | 2,359 | 0 | 0 | RSU | Form 4 ↗ |
| Davis R. Deadman | Director | 2026-05-01 | A | 1,258 | 0 | 0 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | D | 1,194 | 68 | 80,655 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-05-01 | A | 1,850 | 0 | 0 | RSU | Form 4 ↗ |
| Carlos M. Sepulveda | Director | 2026-05-01 | A | 1,628 | 0 | 0 | Common | Form 4 ↗ |
| TODD RITTERBUSCH | President - TBK Bank, SSB | 2026-05-08 | A | 7,000 | 67 | 469,070 | Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-05-22 | D | 2,900 | 67 | 193,430 | Common | Form 4 ↗ |
| ADAM NELSON | EVP and General Counsel | 2026-08-04 | D | 3,750 | 79 | 296,438 | Common | Form 4 ↗ |
| EDWARD SCHREYER | EVP, Chief Operating Officer | 2026-08-20 | D | 2,900 | 74 | 213,875 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (44 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, AARON GRAFT. DEF 14A, filed 2026-03-11. Section “Executive Compensation” · page 43. As printed: 4,607,786. View filing ↗
- Section 01, EDWARD SCHREYER. DEF 14A, filed 2026-03-11. Section “Executive Compensation” · page 43. As printed: 2,290,735. View filing ↗
- Section 01, TODD RITTERBUSCH. DEF 14A, filed 2026-03-11. Section “Executive Compensation” · page 43. As printed: 1,462,401. View filing ↗
- Section 01, W VOSS. DEF 14A, filed 2026-03-11. Section “Executive Compensation” · page 43. As printed: 1,403,031. View filing ↗
- Section 01, ADAM NELSON. DEF 14A, filed 2026-03-11. Section “Executive Compensation” · page 43. As printed: 1,259,187. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-11. Section “CEO Pay Ratio”. As printed: 58 : 1. View filing ↗
- Section 02, AARON GRAFT 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, AARON GRAFT 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, TODD RITTERBUSCH 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, TODD RITTERBUSCH 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, W VOSS 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, W VOSS 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, W VOSS 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, C. Todd Sparks 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles Albert Anderson 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Melissa K. McSherry 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Debra A. Bradford 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Laura Easley 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, TODD RITTERBUSCH 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael P. Rafferty 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael P. Rafferty 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, AARON GRAFT 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, W VOSS 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, TODD RITTERBUSCH 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Davis R. Deadman 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Carlos M. Sepulveda 2026-05-01. Form 4, filed 2026-05-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, TODD RITTERBUSCH 2026-05-08. Form 4, filed 2026-05-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-05-22. Form 4, filed 2026-05-26. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, ADAM NELSON 2026-08-04. Form 4, filed 2026-08-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, EDWARD SCHREYER 2026-08-20. Form 4, filed 2026-08-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Triumph Financial, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Triumph Financial, Inc.'s own proxy. As printed: 4,607,786. View filing ↗