Welcome to our dedicated page for Trinity Industri SEC filings (Ticker: TRN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Trinity Industries, Inc. (TRN) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Trinity is a Dallas, Texas–based company whose businesses provide rail transportation products and services in North America under the TrinityRail® brand, and its filings offer detailed insight into this rail-focused platform.
Investors can review current reports on Form 8-K, where Trinity discloses material events such as quarterly earnings announcements, conference call materials, and significant transactions. Recent 8-K filings describe results for the Railcar Leasing and Services Group and Rail Products Group, non-GAAP financial measures like EBITDA and Adjusted Earnings Per Share (with reconciliations in accompanying materials), and operational metrics including lease fleet utilization, Future Lease Rate Differential (FLRD), new railcar orders and deliveries, and railcar backlog.
Filings also document material definitive agreements related to Trinity’s railcar leasing and financing structures. Examples include a Sale and Exchange Agreement involving Trinity Industries Leasing Company and Napier Park Railcar Lease Fund LLC, which changed ownership interests in entities such as Triumph Rail Holdings LLC and RIV 2013 Rail Holdings LLC and resulted in a preliminary non-cash pre-tax gain. Another 8-K describes a Note Purchase Agreement for secured green railcar notes issued by Trinity Rail Leasing 2025 LLC, backed by railcars and operating leases.
Through Stock Titan, users can access these filings as they are made available on EDGAR and use AI-powered summaries to interpret complex documents. The platform helps explain key sections of Trinity’s quarterly and annual reports, current reports, and financing agreements, and makes it easier to identify information about segment performance, capital structure, and railcar investment partnerships. Form 4 insider transaction data, when filed, can also be reviewed to understand equity activity by Trinity insiders.
Trinity Industries director Leldon E. Echols reported receiving a grant of Trinity Phantom Stock Units. On March 31, 2026, he acquired 720 phantom stock units linked to Trinity common stock at a reference price of $32.18 per unit. These units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees and convert on a 1-for-1 basis to common stock equivalents, but the account will be settled in cash after his retirement. Following this grant, Echols holds a total of 75,411 Trinity Phantom Stock Units directly.
MACLIN TODD reported acquisition or exercise transactions in this Form 4 filing.
Trinity Industries director Todd Maclin received a grant of 1,070 Trinity Phantom Stock Units as compensation. The units were awarded at a reference value of $32.18 per unit and increase his phantom stock balance to 25,523 units following the transaction.
The phantom units are accrued under the Trinity Industries Deferred Plan for Directors Fees. Each unit is linked 1-for-1 to a share of Trinity common stock for value, but the account will be settled in cash after his retirement rather than in actual shares. This filing reflects routine, non-market compensation and does not represent an open-market stock purchase or sale.
Biesterfeld Robert C Jr reported acquisition or exercise transactions in this Form 4 filing.
Trinity Industries director Robert C. Biesterfeld Jr. received a grant of 902 Trinity Phantom Stock Units on March 31, 2026 under the company’s Deferred Plan for Directors Fees. Each unit tracks one share of common stock, bringing his total phantom stock units to 13,817, settled in cash after retirement.
The Vanguard Group filed an amended Schedule 13G reporting that it beneficially owns 0 shares of Trinity Industries Inc common stock, representing 0% of the class as disclosed in the amendment dated 03/13/2026.
The filing states Vanguard completed an internal realignment and certain subsidiaries or business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538 (January 12, 1998). The amendment is signed by the Head of Global Fund Administration on 03/27/2026.
Trinity Industries President and CEO Jean Savage reported a bona fide gift of 130,000 shares of common stock on March 2, 2026. The gift was recorded at $0.00 per share, reflecting that this was a non-market, no‑cash transfer. After the gift, Savage directly owned 228,581 common shares, and separate disclosure shows 65,902 common shares held indirectly through family trusts as of the same date.
Trinity Industries, Inc. files its annual report outlining its position as a leading North American provider of railcar leasing, manufacturing, maintenance, and logistics services under the TrinityRail platform. The company serves diverse end markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products.
As of December 31, 2025, subsidiaries managed a lease fleet of 101,485 railcars that were 97.1% utilized, with 146,270 railcars under management including third‑party investors. Trinity employed approximately 6,110 people, primarily in the U.S. and Mexico, and emphasizes safety, human capital development, and sustainability, including an updated Green Financing Framework supporting over $4 billion of qualifying railcar‑related debt.
The report details extensive risk factors such as rail industry cyclicality, supply chain and labor constraints, cybersecurity (including AI‑related risks), environmental and regulatory exposure, indebtedness, and macroeconomic and trade policy uncertainty. Governance highlights include an independent board, ISO‑certified facilities, and formal oversight of cybersecurity and ESG initiatives.
Trinity Industries, Inc. reported a planned leadership transition in its Leasing and Services business. On February 13, 2026, Executive Vice President Gregory B. Mitchell notified the company of his intention to retire, effective October 15, 2026.
In connection with this transition, Mr. Mitchell stepped down from his role as Executive Vice President, Leasing and Services on February 16, 2026. The filing also includes standard cautionary language about forward-looking statements and lists technical Inline XBRL exhibit files, with no separate financial statements provided under this report.
Trinity Industries, Inc. received an amended ownership report showing that Capital International Investors beneficially owns 8,993,565 shares of Trinity common stock, representing 11.2% of the class as of the event date. Capital International Investors reports sole voting power over 8,988,375 shares and sole dispositive power over 8,993,565 shares, with no shared voting or dispositive power. The filing states these securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Trinity Industries. Trinity’s total shares outstanding are cited as 80,180,523 shares believed to be outstanding, providing context for the reported ownership percentage.
Trinity Industries reported strong 2025 earnings but lower revenue, driven by major railcar portfolio moves. Full-year revenue was $2.16 billion, down from $3.08 billion, while diluted EPS from continuing operations rose to $3.14 from $1.81, helped by a $194 million non-cash gain on a railcar partnership restructuring and $91 million of gains on lease portfolio sales.
Operating cash flow from continuing operations was $367 million, with cash flow from operations including net gains on lease portfolio sales of $458 million and net lease fleet investment of $350 million. Lease fleet utilization was 97.1% and the Future Lease Rate Differential was a positive 6.0%, indicating higher renewal lease rates. Adjusted return on equity reached 24.4%, up from 14.6% in 2024.
For 2026, Trinity guides to EPS of $1.85–$2.10, industry deliveries of about 25,000 railcars, net lease fleet investment of $450–$550 million, operating and administrative capital expenditures of $55–$65 million, and Leasing and Services segment margins of 40–45%, supported by expected gains of $120–$140 million from secondary market railcar sales.
Trinity Industries, Inc. reported that its leasing subsidiary, Trinity Industries Leasing Company, entered into a Sale and Exchange Agreement with Napier Park Railcar Lease Fund LLC on December 30, 2025. TILC exchanged a 42.36% membership interest in Triumph Rail Holdings LLC for Napier Park’s 69.45% membership interest in RIV 2013 Rail Holdings LLC, resulting in TILC owning 100% of RIV 2013 and retaining a 0.2% interest in Triumph, while Napier Park now owns 99.8% of Triumph.
Following the transaction, Triumph will no longer be consolidated in Trinity’s financial statements. RIV 2013 will continue to be consolidated but without a noncontrolling interest adjustment. Trinity preliminarily expects to recognize a non-cash pre-tax gain of approximately $190 million for the quarter and year ending December 31, 2025 related to the divestiture of Triumph. The company also disclosed that it has increased its earnings guidance for fiscal year 2025.