Trinity Capital (TRIN) director receives 6,176 restricted shares and reports 3,000-share gift
Rhea-AI Filing Summary
Trinity Capital Inc. director Ronald E. Estes reported two stock transactions involving company common shares. On June 10, 2026, he acquired 6,176 restricted shares as a grant under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan. These restricted shares vest in full on the earlier of June 10, 2027 or the date immediately preceding the next annual meeting of stockholders. Following this grant, his directly owned holdings were 44,374.46 shares of common stock.
On June 11, 2026, an account associated with Estes, the Estes Revocable Trust dated January 12, 1990, made a bona fide gift transfer of 3,000 common shares. After this gift, the trust held 10,615 shares indirectly. Footnotes also note that his holdings include shares acquired through a broker dividend reinvestment program.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,176 shares
Net Buy
2 txns
Insider
Estes Ronald E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,176 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 44,374.46 shares (Direct);
Common Stock — 10,615 shares (Indirect, By The Estes Revocable Trust, dated January 12, 1990)
Footnotes (3)
- F1. Restricted shares issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as amended. Such restricted shares shall vest in full on the earlier of (1) June 10, 2027 or (2) the date immediately preceding the next annual meeting of stockholders.
- F2. Includes shares acquired pursuant to broker dividend reinvestment program that reinvests Trinity Capital Inc. dividends on substantially similar terms as those of the Trinity Capital Inc. distribution reinvestment plan.
- F3. The reporting person transferred shares directly owned in his individual name to the Estes Revocable Trust, dated January 12, 1990.
Key Figures
Restricted stock grant: 6,176 shares
Restricted stock vesting date: June 10, 2027
Gifted shares: 3,000 shares
+2 more
5 metrics
Restricted stock grant
6,176 shares
Common Stock grant to director on June 10, 2026
Restricted stock vesting date
June 10, 2027
Vests earlier of June 10, 2027 or before next annual meeting
Gifted shares
3,000 shares
Bona fide gift transfer by Estes Revocable Trust on June 11, 2026
Direct holdings after grant
44,374.46 shares
Directly owned Trinity Capital common stock after June 10, 2026 grant
Indirect holdings after gift
10,615 shares
Held by Estes Revocable Trust after June 11, 2026 gift
Key Terms
Restricted Stock Plan, bona fide gift, distribution reinvestment plan, dividend reinvestment program
4 terms
Restricted Stock Plan financial
"Restricted shares issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as amended."
A restricted stock plan is a program where a company grants employees or executives shares that are held back until certain conditions are met, such as staying with the company for a set period or hitting performance goals. Think of it like a reward that unlocks over time; for investors it matters because these grants can dilute existing ownership when they vest and signal management’s incentives and confidence in future performance.
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
distribution reinvestment plan financial
"terms as those of the Trinity Capital Inc. distribution reinvestment plan."
An automatic program that uses cash distributions—such as dividends or other payouts—from a stock or fund to buy additional shares of the same security instead of handing out cash to the investor. Think of it like using store credit you’d otherwise pocket to buy more items: it makes your holding grow over time without you having to manually reinvest, which can compound returns, reduce transaction costs and change the timing of taxable income.
dividend reinvestment program financial
"Includes shares acquired pursuant to broker dividend reinvestment program that reinvests Trinity Capital Inc. dividends"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Trinity Capital (TRIN) director Ronald E. Estes report?
Ronald E. Estes reported receiving 6,176 restricted common shares as a stock grant and a separate bona fide gift transfer of 3,000 common shares by his revocable trust, reflecting both an acquisition and a disposition of Trinity Capital stock.
Are dividend reinvestments included in Ronald E. Estes’s Trinity Capital (TRIN) holdings?
Yes. The filing states that Estes’s holdings include shares acquired through a broker dividend reinvestment program that reinvests Trinity Capital dividends on substantially similar terms as the company’s distribution reinvestment plan, incrementally increasing his share count over time.