Trinity Industries (TRN) EVP granted 35,579 shares, 10,465 withheld for taxes

Q: Was the Trinity Industries (TRN) insider activity a buy or sell transaction?

The activity was mainly a grant of shares plus tax-withholding disposition . Poet did not execute an open-market purchase or sale; shares were awarded as compensation and a portion was withheld to cover associated tax liabilities.

Q: How many Trinity Industries (TRN) shares did Kevin Poet receive and at what price was withholding calculated?

Kevin Poet received 35,579 common shares as a grant. For tax withholding, 10,465 shares were disposed at a reference price of $34.30 per share, reflecting the value used to cover his tax obligation.

Q: Does the Trinity Industries (TRN) Form 4 indicate any options or derivatives for Kevin Poet?

The filing shows no remaining derivative positions for Kevin Poet. All reported activity involves non-derivative common stock , with no stock options, warrants, or other derivatives listed in the derivative holdings summary.

Q: What do the Form 4 codes A and F mean in the Trinity Industries (TRN) filing?

Code A indicates a grant or award acquisition of shares as compensation. Code F represents a tax-withholding disposition , where shares are delivered to cover taxes, not sold on the open market by the insider.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Trinity Industries executive Kevin Poet reported routine equity compensation activity. On May 21, 2026, he received a grant of 35,579 shares of Trinity Industries common stock as a stock award. On the same date, 10,465 shares were disposed of in a tax-withholding disposition at $34.30 per share to cover tax obligations, not as an open-market sale. After these transactions, he directly owned 96,690 shares of common stock, indicating this filing reflects compensation and related tax withholding rather than discretionary buying or selling.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Poet Kevin

Role EVP Operations & Support Svcs

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	35,579	$0.00	--
Tax Withholding	Common Stock	10,465	$34.30	$359K

Holdings After Transaction: Common Stock — 96,690 shares (Direct, null)

Footnotes (1)

Key Figures

Tax-withholding shares: 10,465 shares Tax price: $34.30 per share Stock award grant: 35,579 shares +2 more

5 metrics

Tax-withholding shares 10,465 shares Shares delivered for tax liability at $34.30 per share

Tax price $34.30 per share Reference price for tax-withholding disposition

Stock award grant 35,579 shares Common stock grant to EVP Operations & Support Services

Post-transaction holdings 96,690 shares Common stock directly owned after reported transactions

Tax-withholding transactions 1 transaction, 10,465 shares Summary of F-code tax-withholding activity

Key Terms

tax-withholding disposition, grant/award acquisition, Common Stock, non-derivative

4 terms

tax-withholding disposition financial

"10,465 shares were disposed of in a tax-withholding disposition at $34.30 per share"

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 acquisition financial

"he received a grant of 35,579 shares of Trinity Industries common stock as a stock award"

Common Stock financial

"35,579 shares of Trinity Industries common stock as a stock award"

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.

non-derivative financial

"All reported activity involves non-derivative common stock, with no stock options listed"

Form 4 Insider Transactions: What Each Field Means →

05/26/2026 - 04:57 PM

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^*

Poet Kevin

(Last)

(First)

(Middle)

14221 N DALLAS PARKWAY

SUITE 1100

(Street)

DALLAS

TEXAS

75254

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TRINITY INDUSTRIES INC [ NYSE/TRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP Operations & Support Svcs

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/21/2026		A		35,579	A	$0	96,690	D
Common Stock	05/21/2026		F		10,465	D	$34.3	86,225	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	Phillip M. Kim For: Kevin Poet	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Trinity Industries (TRN) report for Kevin Poet?

Kevin Poet reported a stock award and related tax withholding. He received 35,579 Trinity Industries common shares and had 10,465 shares withheld to satisfy tax obligations, rather than selling shares on the open market.

Was the Trinity Industries (TRN) insider activity a buy or sell transaction?

The activity was mainly a grant of shares plus tax-withholding disposition. Poet did not execute an open-market purchase or sale; shares were awarded as compensation and a portion was withheld to cover associated tax liabilities.

How many Trinity Industries (TRN) shares did Kevin Poet receive and at what price was withholding calculated?

Kevin Poet received 35,579 common shares as a grant. For tax withholding, 10,465 shares were disposed at a reference price of $34.30 per share, reflecting the value used to cover his tax obligation.

How many Trinity Industries (TRN) shares does Kevin Poet hold after these transactions?

Following the reported compensation and tax-withholding transactions, Kevin Poet directly owns 96,690 shares of Trinity Industries common stock. This figure reflects his updated position after the grant and the shares delivered for tax obligations.

Does the Trinity Industries (TRN) Form 4 indicate any options or derivatives for Kevin Poet?

The filing shows no remaining derivative positions for Kevin Poet. All reported activity involves non-derivative common stock, with no stock options, warrants, or other derivatives listed in the derivative holdings summary.

What do the Form 4 codes A and F mean in the Trinity Industries (TRN) filing?

Code A indicates a grant or award acquisition of shares as compensation. Code F represents a tax-withholding disposition, where shares are delivered to cover taxes, not sold on the open market by the insider.