Trinity Industries CEO receives stock grant, pays taxes

Trinity Industries President & CEO Jean Savage reported insider equity activity in Common Stock on May 21, 2026.

Rhea-AI Filing Summary

Trinity Industries President & CEO Jean Savage reported insider equity activity in Common Stock on May 21, 2026. Savage received a grant of 192,682 shares as a stock award, and 55,697 shares were withheld at $34.30 per share to satisfy tax obligations in a tax-withholding disposition. After these transactions, Savage holds 341,798 shares directly and reports 65,902 shares held indirectly through family and revocable trusts. The transactions are not designated as being conducted under a Rule 10b5-1 trading plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Savage Jean

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	192,682	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	55,697	$34.30	$1.91M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 341,798 shares (Direct); Common Stock — 65,902 shares (Indirect, By Family Trusts)

Footnotes (2)

1. F1. Shares held in family trusts, of which the reporting person is the trustee and members of the reporting person's family are beneficiaries.
2. F2. Includes shares held by a revocable trust, of which the reporting person is the lifetime beneficiary and trustee.

Key Figures

Stock grant: 192,682 shares Shares withheld for taxes: 55,697 shares Tax withholding price: $34.30 per share +2 more

5 metrics

Stock grant 192,682 shares Common Stock award to President & CEO Jean Savage on May 21, 2026

Shares withheld for taxes 55,697 shares Common Stock withheld in a tax-withholding disposition to cover tax obligations

Tax withholding price $34.30 per share Per-share value used for the tax-withholding disposition of 55,697 shares

Direct holdings after transactions 341,798 shares Common Stock held directly by Jean Savage after May 21, 2026 transactions

Indirect family trust holdings 65,902 shares Common Stock held indirectly through family and revocable trusts as of May 21, 2026

Key Terms

tax-withholding disposition, family trusts, revocable trust

3 terms

tax-withholding disposition financial

"reported as a tax-withholding disposition to satisfy tax obligations"

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.

family trusts financial

"Shares held in family trusts, of which the reporting person is the trustee"

revocable trust financial

"Includes shares held by a revocable trust, of which the reporting person is the lifetime beneficiary"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock activity did TRN's CEO Jean Savage report?

Jean Savage reported a grant of 192,682 Common Stock shares and a tax-withholding disposition of 55,697 shares on May 21, 2026, reflecting equity compensation and shares withheld to cover related tax obligations.

How many TRN shares were granted to CEO Jean Savage in this Form 4?

The filing shows a stock award of 192,682 shares of Trinity Industries Common Stock to CEO Jean Savage on May 21, 2026, recorded as a grant or award acquisition with no per-share purchase price.

How many TRN shares were withheld for taxes and at what price?

The Form 4 reports 55,697 shares of Common Stock withheld in a tax-withholding disposition at $34.30 per share, reflecting shares delivered to cover tax obligations tied to the stock award.

How many Trinity Industries (TRN) shares does Jean Savage own after these transactions?

After the reported transactions, Jean Savage holds 341,798 shares directly of Trinity Industries Common Stock and reports an additional 65,902 shares held indirectly through family and revocable trusts.

Were Jean Savage's TRN transactions under a Rule 10b5-1 trading plan?

The filing indicates these transactions are not designated as being conducted under a Rule 10b5-1 trading plan, and no footnotes describe them as executed under a pre-arranged trading arrangement.

How are TRN shares held through family trusts reflected for Jean Savage?

The Form 4 notes 65,902 shares held indirectly in family trusts and a revocable trust, where Savage is trustee and beneficiary, reflecting indirect ownership in addition to directly held shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 04:58 PM Learn about SEC filing dates

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^*

Savage Jean

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								65,902	I	By Family Trusts(1)
Common Stock	05/21/2026		A		192,682	A	$0	397,495(2)	D
Common Stock	05/21/2026		F		55,697	D	$34.3	341,798(2)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares held in family trusts, of which the reporting person is the trustee and members of the reporting person's family are beneficiaries.

2. Includes shares held by a revocable trust, of which the reporting person is the lifetime beneficiary and trustee.

Remarks:

	Phillip M. Kim For: Jean Savage	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)