Trinity Industries (NYSE: TRN) EVP sells 17K shares under 10b5-1 plan
Rhea-AI Filing Summary
TRINITY INDUSTRIES INC (TRN) executive Kevin Poet, EVP Operations & Support Services, reported selling 17,000 shares of common stock on 2026-08-25 in a sale classified as an open market or private transaction at $29.55 per share. After this transaction, he holds 69,225 shares of Trinity Industries common stock directly. The filing affirms the use of a Rule 10b5-1 trading plan for this transaction.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 17,000 shares
Net Sell
1 txn
Insider
Poet Kevin
Role
EVP Operations & Support Svcs
Sold
17,000 shs ($502K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,000 | $29.55 | $502K |
Holdings After Transaction:
Common Stock — 69,225 shares (Direct)
Key Figures
Shares sold: 17,000 shares of Common Stock
Transaction price per share: $29.55 per share
Shares owned after transaction: 69,225 shares of Common Stock
3 metrics
Shares sold
17,000 shares of Common Stock
Non-derivative sale on 2026-08-25
Transaction price per share
$29.55 per share
Sale in open market or private transaction
Shares owned after transaction
69,225 shares of Common Stock
Direct ownership following the 2026-08-25 sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, direct ownership
3 terms
Rule 10b5-1 trading plan regulatory
"transactions were made pursuant to a 10b5-1 or pre-arranged trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
direct ownership financial
"ownership_type: direct, ownership_code: D"
FAQ
What insider transaction did TRN executive Kevin Poet report?
Kevin Poet reported a sale of 17,000 shares of TRINITY INDUSTRIES INC common stock on 2026-08-25 at $29.55 per share in an open market or private transaction under a Rule 10b5-1 trading plan.
Was the TRN insider sale by Kevin Poet under a Rule 10b5-1 plan?
Yes. The Form 4 indicates the Rule 10b5-1 checkbox is affirmed, meaning the 17,000-share sale of TRN common stock on 2026-08-25 was executed under a trading plan pursuant to Rule 10b5-1.
What is Kevin Poet’s role at TRINITY INDUSTRIES INC (TRN)?
Kevin Poet is reported as an officer of TRINITY INDUSTRIES INC, serving as EVP Operations & Support Svcs, according to the Form 4 data.
AI-generated analysis. How Rhea-AI works. Not financial advice.