Trinity Industries (NYSE: TRN) CFO logs stock grant and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinity Industries EVP & CFO Eric R. Marchetto reported compensation-related stock activity. He received a grant of 51,336 shares of common stock, classified as a grant, award, or other acquisition.
To cover tax obligations, 14,922 shares were disposed of at $34.30 per share through a tax-withholding transaction, not an open-market sale. After these transactions, he directly held 314,004 common shares and indirectly held 3,080 shares through a 401k Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Marchetto Eric R
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 51,336 | $0.00 | -- |
| Tax Withholding | Common Stock | 14,922 | $34.30 | $512K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 314,004 shares (Direct);
Common Stock — 3,080 shares (Indirect, 401k Plan)
Footnotes (1)
Key Figures
Stock grant: 51,336 shares
Tax-withholding shares: 14,922 shares
Tax-withholding price: $34.30 per share
+2 more
5 metrics
Stock grant
51,336 shares
Grant, award, or other acquisition of common stock
Tax-withholding shares
14,922 shares
Shares disposed in tax-withholding transaction (code F)
Tax-withholding price
$34.30 per share
Price for 14,922-share tax-withholding disposition
Direct holdings after transactions
314,004 shares
Common stock held directly following Form 4 transactions
Indirect holdings after transactions
3,080 shares
Common stock held indirectly via 401k Plan
Key Terms
tax-withholding disposition, grant, award, or other acquisition, 401k Plan, Form 4
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
401k Plan financial
"nature_of_ownership: "401k Plan""
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
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.
FAQ
What insider transactions did TRINITY INDUSTRIES INC (TRN) report for Eric R. Marchetto?
Eric R. Marchetto reported a stock grant and a related tax-withholding disposition. He received 51,336 common shares as a grant and 14,922 shares were disposed at $34.30 per share to satisfy tax obligations tied to equity compensation.
What does the tax-withholding disposition mean in the TRN Form 4 filing?
The tax-withholding disposition reflects shares used to pay taxes on equity compensation, not an open-market sale. In this filing, 14,922 common shares were disposed of at $34.30 per share to satisfy tax liability, coded as an F transaction by the insider.
Were there any open-market purchases or sales by Eric R. Marchetto in this TRN Form 4?
The filing does not show any open-market purchases or sales. It reports a stock grant coded as an acquisition and a tax-withholding disposition coded F, which covers tax obligations rather than representing discretionary buying or selling activity.