Insider Buy: Kyle S. Brown Increases Reported Stake to 1,006,300 Shares in TRIN

Rhea-AI Filing Summary

Kyle Steven Brown, who serves as CEO, President, CIO and a director of Trinity Capital Inc., reported a purchase of 3,200 shares of common stock on 08/08/2025 at $15.78 per share, increasing his reported direct holdings to 1,006,300 shares. The filing also discloses indirect holdings of 55,332 shares via the Kyle and Amy Brown Family Trust and 10,825 shares via KBIZ Corp. The Form 4 was submitted under a previously filed power of attorney.

Positive

• Insider purchase disclosed: Acquisition of 3,200 common shares at $15.78 per share.
• Updated direct ownership: Direct holdings reported at 1,006,300 shares after the transaction.
• Clear indirect holdings disclosure: 55,332 shares via the Kyle and Amy Brown Family Trust and 10,825 shares via KBIZ Corp.
• Filing executed under POA: Signature provided by an agent under a previously filed power of attorney, indicating documented authorization.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased 3,200 shares at $15.78, raising direct holdings to 1,006,300 shares.

The document is a standard Section 16 disclosure showing a non-derivative purchase of common stock by Kyle S. Brown on 08/08/2025 for 3,200 shares at $15.78 each. The filing reports the updated direct ownership figure of 1,006,300 shares and separately discloses two indirect holdings. As presented, this is a straightforward insider buy reported in compliance with Form 4 requirements; the filing alone does not provide broader context such as percentage ownership or company-wide share counts to judge materiality.

Corporate Governance Expert

TL;DR: Filing shows proper disclosure and a power-of-attorney signature on behalf of the reporting person.

The Form 4 identifies Kyle S. Brown as the reporting person with roles of CEO, President, CIO and director. It discloses direct and indirect beneficial ownership breakdowns and includes an explanatory note that Sarah Stanton signed on Mr. Brown's behalf under a power of attorney previously filed with the SEC. The filing format and explanatory statement indicate procedural compliance with Section 16 reporting obligations.

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 Kyle Steven

(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)
	CEO, President and CIO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		P		3,200	A	$15.78	1,006,300	D
Common Stock								55,332	I	By The Kyle and Amy Brown Family Trust, dated February 4, 2019
Common Stock								10,825	I	By KBIZ Corp., which Mr. K. Brown solely owns and controls

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. K. Brown pursuant to the power of attorney dated September 17, 2021, which was previously filed with the Securities and Exchange Commission as an exhibit to the Form 4 Mr. K. Brown filed on September 17, 2021.

	/s/ Sarah Stanton, on behalf of Kyle Brown	08/12/2025
	** 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 transaction did Trinity Capital (TRIN) report on this Form 4?

The Form 4 reports a purchase of 3,200 shares of Trinity Capital common stock on 08/08/2025 at $15.78 per share.

Who filed the Form 4 and what roles does the reporting person hold at Trinity Capital?

Kyle Steven Brown filed the Form 4; he is identified as CEO, President, CIO and a director of Trinity Capital Inc.

What were the reporting person’s beneficial holdings after the transaction?

Direct holdings were reported as 1,006,300 shares after the transaction; indirect holdings of 55,332 and 10,825 shares are also disclosed.

Who holds the indirect shares disclosed on the Form 4?

55,332 shares are held via the Kyle and Amy Brown Family Trust, and 10,825 shares are held via KBIZ Corp., which Mr. Brown solely owns and controls.

Was this a derivative transaction or a non-derivative common stock transaction?

This was a non-derivative transaction in common stock; Table II (derivatives) contains no reported transactions.

Who signed the Form 4 on behalf of the reporting person?

Sarah Stanton signed the Form 4 on behalf of Kyle Brown pursuant to a power of attorney dated September 17, 2021, previously filed with the SEC.