Was Irma Lockridge’s Trinity Capital (TRIN) share acquisition an open-market purchase?

No, the Form 4 describes the transaction as a grant or award, not an open-market purchase. The 6,176 shares were issued at a reported price of $0.0000 per share as restricted stock compensation for her role as a non-employee director.

Director Irma Lockridge granted 6,176 Trinity Capital (TRIN) restricted shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lockridge Irma reported acquisition or exercise transactions in this Form 4 filing.

Trinity Capital Inc. director Irma Lockridge received a grant of 6,176 shares of Common Stock as equity compensation. The shares were awarded at no cash cost and increased her direct holdings to 26,302 shares.

The footnote explains these are restricted shares issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan. They vest in full on the earlier of June 10, 2027 or the date immediately preceding the company’s next annual meeting of stockholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lockridge Irma

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,176	$0.00	--

Holdings After Transaction: Common Stock — 26,302 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 6,176 shares Holdings after transaction: 26,302 shares Grant price per share: $0.0000 per share +1 more

4 metrics

Restricted shares granted 6,176 shares Common Stock award to director Irma Lockridge on June 10, 2026

Holdings after transaction 26,302 shares Total Common Stock directly held by Irma Lockridge after grant

Grant price per share $0.0000 per share Reported transaction price for restricted stock grant

Vesting date June 10, 2027 Latest possible full vesting date for restricted shares

Key Terms

restricted shares, Non-Employee Director Restricted Stock Plan, vest in full, Form 4

4 terms

restricted shares financial

"Restricted shares issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Non-Employee Director Restricted Stock Plan financial

"Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as amended"

vest in full financial

"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"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 05:30 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lockridge Irma

(Last)

(First)

(Middle)

C/O TRINITY CAPITAL INC.

1 N. 1ST STREET, SUITE 302

(Street)

PHOENIX

ARIZONA

85004

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Trinity Capital Inc. [ TRIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		A		6,176⁽¹⁾	A	⁽¹⁾	26,302	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

Remarks:

Sarah Stanton is signing on behalf of Ms. Lockridge pursuant to the power of attorney dated December 16, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 3 Ms. Lockridge filed on December 16, 2021.

	/s/ Sarah Stanton, on behalf of Irma Lockridge	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Trinity Capital (TRIN) report for Irma Lockridge?

Trinity Capital reported that director Irma Lockridge received a grant of 6,176 shares of Common Stock as restricted stock. The award was granted at no cash cost to her and represents equity-based director compensation under the company’s 2019 Non-Employee Director Restricted Stock Plan.

How many Trinity Capital (TRIN) shares does Irma Lockridge hold after this grant?

After the grant, Irma Lockridge directly holds 26,302 shares of Trinity Capital Common Stock. This total reflects the newly awarded 6,176 restricted shares added to her prior holdings, as reported in the Form 4 insider transaction filing.

When do Irma Lockridge’s new Trinity Capital (TRIN) restricted shares vest?

The restricted shares vest in full on the earlier of June 10, 2027, or the date immediately preceding Trinity Capital’s next annual meeting of stockholders. This means vesting timing depends on when the next annual meeting occurs relative to that June 2027 date.

What plan governs Irma Lockridge’s restricted stock grant at Trinity Capital (TRIN)?

The grant was issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as amended. This plan provides equity compensation to non-employee directors through restricted share awards with specified vesting terms tied to service on the company’s board.