Director Dunia Shive awarded 4,024 stock units at Trinity (NYSE: TRN)
Rhea-AI Filing Summary
Trinity Industries Inc. director Dunia A. Shive received a grant of 4,024 Trinity Stock Units on May 21, 2026. These restricted stock units were awarded at a stated price of $0.00 per unit as equity compensation.
The units are granted under the Fifth Amended and Restated Trinity Industries, Inc. Stock Option and Incentive Plan and convert into Trinity common stock on a 1-for-1 basis after the director’s termination. They vest at the first annual stockholders meeting following the grant date. Following this award, Shive holds 4,024 Trinity Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHIVE DUNIA A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Trinity Stock Units | 4,024 | $0.00 | $0.00 |
Holdings After Transaction:
Trinity Stock Units — 4,024 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Units granted pursuant to the Fifth Amended and Restated Trinity Industries, Inc. Stock Option and Incentive Plan. Distribution is 1 for 1 in Trinity Stock after Director's termination. Units vest upon the first annual stockholders meeting following the Date of Grant.
Key Figures
Stock units granted: 4,024 units
Grant price per unit: $0.00 per unit
Units held after grant: 4,024 units
+1 more
4 metrics
Stock units granted
4,024 units
Restricted Trinity Stock Units granted May 21, 2026
Grant price per unit
$0.00 per unit
Stated price for Trinity Stock Unit award
Units held after grant
4,024 units
Total Trinity Stock Units directly held following transaction
Underlying common shares
4,024 shares
Common stock issuable 1-for-1 upon distribution
Key Terms
Restricted Stock Units, Trinity Stock Units, Stock Option and Incentive Plan, vest, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units granted pursuant to the Fifth Amended and Restated Trinity Industries, Inc. Stock Option and Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Trinity Stock Units financial
"Trinity Stock Units granted pursuant to the Fifth Amended and Restated Trinity Industries, Inc. Stock Option and Incentive Plan."
Stock Option and Incentive Plan financial
"Granted pursuant to the Fifth Amended and Restated Trinity Industries, Inc. Stock Option and Incentive Plan."
vest financial
"Units vest upon the first annual stockholders meeting following the Date of Grant."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Distribution is 1 for 1 financial
"Distribution is 1 for 1 in Trinity Stock after Director's termination."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Trinity Industries (TRN) director Dunia Shive report on this Form 4?
Dunia A. Shive reported receiving a grant of 4,024 Trinity Stock Units as equity compensation. These are restricted stock units that convert into Trinity common stock on a 1-for-1 basis after her termination, subject to vesting conditions under the company’s stock plan.
How many Trinity stock units were granted to Dunia Shive in this TRN Form 4?
Dunia Shive was granted 4,024 Trinity Stock Units in this filing. The award increases her direct holdings of these units to 4,024 in total, reflecting a single grant transaction under Trinity Industries’ Fifth Amended and Restated Stock Option and Incentive Plan.
At what price were the Trinity Industries (TRN) stock units granted to Dunia Shive?
The Trinity Stock Units were granted to Dunia Shive at a stated price of $0.00 per unit. This indicates the award is a compensation grant, not an open-market purchase, and forms part of her director equity compensation rather than a cash investment.
When do Dunia Shive’s Trinity restricted stock units vest according to the Form 4?
The restricted Trinity Stock Units vest upon the first annual stockholders meeting following the grant date. This means vesting is tied to the company’s next annual stockholder meeting, aligning director compensation with the corporate governance calendar and shareholder events.
How are Dunia Shive’s Trinity Stock Units settled under the company’s plan?
The units are settled on a 1-for-1 basis in Trinity common stock after the director’s termination. This structure defers actual share delivery until service ends, linking long-term director compensation to the company’s future stock performance over her board tenure.
Is Dunia Shive’s Trinity Industries Form 4 transaction a buy or a grant?
The transaction is classified as a grant or award acquisition, not a market buy. The Form 4 uses transaction code A, indicating a grant, and shows no cash price paid per unit, confirming it as stock-based compensation rather than an open-market purchase.