Trinity Industries (NYSE: TRN) EVP has 2,785 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinity Industries Inc. executive vice president Kevin Poet reported a routine tax-related share disposition. On May 15, 2026, 2,785 shares of Common Stock were withheld at $34.26 per share to cover tax obligations, described as a payment of tax liability by delivering securities. After this tax-withholding disposition, Poet directly held 61,111 shares of Trinity Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Poet Kevin
Role
EVP Operations & Support Svcs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,785 | $34.26 | $95K |
Holdings After Transaction:
Common Stock — 61,111 shares (Direct, null)
Footnotes (1)
Key Figures
Shares withheld for taxes: 2,785 shares
Tax valuation price: $34.26 per share
Shares held after transaction: 61,111 shares
3 metrics
Shares withheld for taxes
2,785 shares
Tax-withholding disposition on May 15, 2026
Tax valuation price
$34.26 per share
Value used for tax-liability share delivery
Shares held after transaction
61,111 shares
Direct holdings following May 15, 2026 transaction
Key Terms
tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for this Form 4 entry"
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description defines the nature of this F-code transaction"
Common Stock financial
"security_title: "Common Stock" for the reported transaction"
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 Kevin Poet report at Trinity Industries (TRN)?
Kevin Poet reported a tax-related share disposition at Trinity Industries. On May 15, 2026, 2,785 common shares were withheld at $34.26 per share to cover tax obligations, with no open-market sale reported in this transaction.
Was Kevin Poet’s Trinity Industries (TRN) transaction a sale or tax withholding?
The transaction was a tax withholding, not an open-market sale. It is coded as a tax-withholding disposition, described as payment of exercise price or tax liability by delivering securities, a common mechanism for settling equity-related taxes.
What role does Kevin Poet hold at Trinity Industries (TRN)?
Kevin Poet serves as executive vice president for Operations & Support Services at Trinity Industries Inc. His reported transaction involves company common stock delivered to cover tax obligations tied to his equity-based compensation.