Form 4: TRIN insider purchase; direct holding 818,466 shares

Rhea-AI Filing Summary

Trinity Capital (TRIN) reported an insider purchase by Executive Chairman and Director Steven L. Brown. On 11/07/2025, he bought 4,500 shares of common stock at $14.42 in a direct transaction and 1,600 shares at $14.40 through an indirect account.

Following these trades, Brown’s direct beneficial ownership stands at 818,466 shares. His indirect beneficial ownership—held by The Steven and Patricia Brown Family Trust dated March 19, 1998—stands at 542,346 shares.

Insider Trade Summary

Net Buyer: 6,100 shares ($87,930)

Net Buy 2 txns

Insider Brown Steve Louis

Role Executive Chairman

Bought 6,100 shs ($88K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	4,500	$14.42	$65K
Purchase	Common Stock	1,600	$14.40	$23K

Holdings After Transaction: Common Stock — 818,466 shares (Direct); Common Stock — 542,346 shares (Indirect, By The Steven and Patricia Brown Family Trust, dated March 19, 1998)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Brown Steve Louis

(Last) (First) (Middle)

C/O TRINITY CAPITAL INC.

1 N. 1ST STREET, SUITE 302

(Street)

PHOENIX AZ 85004

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/07/2025		P		4,500	A	$14.42	818,466	D
Common Stock	11/07/2025		P		1,600	A	$14.4	542,346	I	By The Steven and Patricia Brown Family Trust, dated March 19, 1998

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Sarah Stanton is signing on behalf of Mr. S. Brown pursuant to the power of attorney dated June 2, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 Mr. S. Brown filed on June 2, 2021.

	/s/ Sarah Stanton, on behalf of Steven L. Brown	11/10/2025
	** 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.

FAQ

What did TRIN insider Steven L. Brown buy on 11/07/2025?

He purchased 4,500 TRIN common shares at $14.42 directly and 1,600 shares at $14.40 indirectly.

What is Steven L. Brown’s role at Trinity Capital (TRIN)?

He is Executive Chairman and a Director.

What are Brown’s direct holdings after the transactions?

Direct beneficial ownership is 818,466 shares after the reported trades.

What are Brown’s indirect holdings after the transactions?

Indirect beneficial ownership is 542,346 shares, held by the family trust dated March 19, 1998.

What transaction code was used in the Form 4 for TRIN?

The transactions are coded P.

Who signed the Form 4 for TRIN?

It was signed by /s/ Sarah Stanton, on behalf of Steven L. Brown on 11/10/2025.