Trinity Industries (TRN) CFO reports tax-withholding of 7,126 shares, retains large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinity Industries EVP & CFO Eric R. Marchetto reported a routine share disposition related to taxes rather than an open-market trade. On May 15, 2026, 7,126 shares of common stock were used at $34.26 per share to cover tax obligations, classified as a tax-withholding disposition.
After this transaction, Marchetto directly holds 262,668 shares of Trinity Industries common stock. He also indirectly holds 3,080 shares through a 401k Plan, reflecting retirement-plan ownership separate from his direct holdings.
Positive
- None.
Negative
- None.
Insights
Filing shows routine tax withholding, not an open-market sale.
The transaction is coded F, meaning shares were withheld to satisfy tax obligations tied to equity compensation. 7,126 common shares at $34.26 per share were used, so this does not represent a discretionary market sale.
Following the event, Eric R. Marchetto still directly owns 262,668 shares and indirectly holds 3,080 shares via a 401k Plan. The disposition is small relative to his reported stake and appears to be a mechanical element of his compensation rather than a change in investment stance.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Marchetto Eric R
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,126 | $34.26 | $244K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 262,668 shares (Direct, null);
Common Stock — 3,080 shares (Indirect, 401k Plan)
Footnotes (1)
Key Figures
Tax-withholding shares: 7,126 shares
Tax-withholding price: $34.26 per share
Direct holdings after transaction: 262,668 shares
+1 more
4 metrics
Tax-withholding shares
7,126 shares
Common stock used for tax-withholding disposition on May 15, 2026
Tax-withholding price
$34.26 per share
Value applied to 7,126 shares for tax obligations
Direct holdings after transaction
262,668 shares
CFO’s direct Trinity Industries common stock after disposition
Indirect 401k holdings
3,080 shares
Indirect ownership through 401k Plan after reported transactions
Key Terms
tax-withholding disposition, 401k Plan, Common Stock
3 terms
tax-withholding disposition financial
"classified as a 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.
401k Plan financial
"indirectly holds 3,080 shares through a 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.
Common Stock financial
"7,126 common shares used for a tax-withholding disposition"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Trinity Industries (TRN) report for Eric R. Marchetto?
Trinity Industries reported that EVP & CFO Eric R. Marchetto had 7,126 common shares used for a tax-withholding disposition at $34.26 per share. This Form 4 event reflects tax payment on equity compensation, not a discretionary open-market stock sale.
Was the Trinity Industries (TRN) Form 4 a stock sale by the CFO?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Code F indicates shares were applied to satisfy tax obligations on equity compensation, meaning the CFO did not actively sell these shares into the market for investment reasons.
What are Eric R. Marchetto’s Trinity Industries (TRN) holdings after this Form 4?
After the reported transaction, Eric R. Marchetto directly holds 262,668 shares of Trinity Industries common stock. He also indirectly owns 3,080 shares through a 401k Plan, showing continued substantial exposure to the company’s equity following the tax-related disposition.
Does the Trinity Industries (TRN) Form 4 indicate any derivative exercises?
The summarized data show no derivative exercises, with exerciseCount recorded as zero and an empty derivativeSummary. The only reported disposition is a code F tax-withholding event, which applies shares to tax obligations rather than exercising options or other derivative securities.
Is the insider activity in Trinity Industries (TRN) Form 4 likely routine?
Yes, a code F tax-withholding disposition is typically routine because it occurs when equity compensation vests and taxes are due. The CFO retains 262,668 direct shares plus 3,080 indirect 401k shares, suggesting this event mainly reflects standard compensation mechanics.