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Trinity Industries, Inc. Form 4 Filings

TRN NYSE

Every Form 4 that Trinity Industries, Inc. (TRN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A Form 4 covers the transactions officers, directors and large holders report, so if you follow TRN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TRN filings page.

Rhea-AI Summary

Trinity Industries director Robert C. Biesterfeld Jr. acquired 1,156 Trinity Phantom Stock Units on September 30, 2026, reported at $25.54 per unit. His reported balance after the transaction was 15,820 units.

The units accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees, with one stock unit corresponding to one share of common stock. The account will be settled in cash after his retirement.

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Trinity Industries Inc. director Leldon E. Echols acquired 924 Trinity Phantom Stock Units on September 30, 2026. The reported transaction price was $25.54 per share, and his reported balance after the transaction was 77,011 units. The units accrued under the Deferred Plan for Directors Fees; the account will be settled in cash after his retirement.

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Trinity Industries (TRN) director Todd Maclin acquired 1,375 Trinity Phantom Stock Units on September 30, 2026, under the Deferred Plan for Directors Fees. The reported transaction price was $25.54 per share. Each unit converts one-for-one into a share of Trinity common stock, while the account is settled in cash after his retirement. The reported balance following the acquisition was 27,904 units.

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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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Biesterfeld Robert C Jr reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Robert C. Biesterfeld Jr. received a grant of 847 Trinity Phantom Stock Units on June 30, 2026. These units were awarded under the company’s Deferred Plan for Directors Fees at a reference price of $34.58 per unit.

Each phantom unit tracks one share of Trinity common stock on a 1-for-1 basis but will be settled in cash, not stock, after his retirement. Following this award, he holds 14,664 Trinity Phantom Stock Units in total. This is a compensation-related, non‑market transaction rather than an open‑market purchase or sale.

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MACLIN TODD reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Todd Maclin received a grant of 1,006 Trinity Phantom Stock Units, each valued at $34.58, as part of director compensation. These awards accrue under the Trinity Industries Deferred Plan for Directors Fees and are tied 1-for-1 to Trinity common stock for value.

Following this grant, Maclin holds 26,529 phantom stock units. The units do not represent actual shares and will be settled in cash after his retirement, giving him economic exposure to the stock’s performance without current share ownership or voting rights.

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ECHOLS LELDON E reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Leldon E. Echols received a grant of 676 Trinity Phantom Stock Units on Trinity Industries Inc. common stock. These units were awarded under the company’s Deferred Plan for Directors Fees at a reference price of $34.58 per unit.

Each phantom stock unit is credited at a 1-for-1 rate to one share of Trinity common stock, but the account will be settled in cash after Echols’ retirement rather than in actual shares. Following this compensation award, his balance in the plan totals 76,087 phantom stock units.

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Lakkundi Veena M reported acquisition or exercise transactions in this Form 4 filing.

TRINITY INDUSTRIES INC director Veena M. Lakkundi received a new equity award in the form of 4,024 Trinity Stock Units. These units are restricted stock units granted at a price of $0.00 per unit under the company's Fifth Amended and Restated 2004 Stock Option and Incentive Plan.

The award represents 4,024 underlying shares of common stock and brings Lakkundi's reported holdings of these units to 4,024. The units vest at the first annual stockholders meeting following the grant date and are payable one-for-one in Trinity common stock after the director's termination of service.

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Trinity Industries EVP & CFO Eric R. Marchetto reported compensation-related stock activity. He received a grant of 51,336 shares of common stock, classified as a grant, award, or other acquisition.

To cover tax obligations, 14,922 shares were disposed of at $34.30 per share through a tax-withholding transaction, not an open-market sale. After these transactions, he directly held 299,082 common shares and indirectly held 3,080 shares through a 401k Plan.

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Trinity Industries director Leldon E. Echols received a stock grant, increasing his direct ownership. On May 21, 2026, he acquired 6,210 shares of Trinity Industries common stock in a grant or award transaction at a stated price of $0.00 per share.

Following this award, Echols directly holds 80,260 shares of Trinity Industries common stock. The filing shows an acquisition-type transaction rather than an open-market purchase or sale, reflecting compensation or similar equity award rather than trading activity.

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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.

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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.

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Diez John J. reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director John J. Diez received a grant of 4,024 shares of Common Stock on May 21, 2026. The award was reported at a price of $0.00 per share, indicating a stock-based compensation grant rather than an open-market purchase. After this grant, Diez directly owns 29,755 Trinity Industries shares.

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Trinity Industries EVP & Chief Legal Officer Scott M. Ewing reported compensation-related stock transactions involving the company’s Common Stock. On May 21, 2026, he had 1,972 shares withheld at $34.30 per share to cover tax obligations, a non-market disposition. On the same date, he received a grant of 14,144 shares of Common Stock at no cost as an award. Following these transactions, he directly owned 72,223 Common Stock shares, indicating these moves reflect routine equity compensation and associated tax withholding rather than open-market trading.

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Ainsworth William P reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director William P. Ainsworth received a stock award of 4,024 shares of common stock on May 21, 2026. The shares were granted at no cash cost to him as compensation rather than bought on the open market.

After this award, Ainsworth directly holds a total of 31,985 Trinity Industries common shares, giving him a larger personal stake aligned with shareholders.

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Maldonado Christina N reported acquisition or exercise transactions in this Form 4 filing.

TRINITY INDUSTRIES INC executive Christina N. Maldonado, Vice President and Chief Accounting Officer, received a grant of 2,100 shares of Common Stock on May 21, 2026 at no cost as a compensation-related award. After this grant, she directly holds 26,587 shares.

Rhea-AI Summary

Trinity Industries EVP Aaron J. Gooding reported compensation-related stock transactions. On 2026-05-21, he received a grant of 13,240 shares of Trinity Industries common stock at no cost as an equity award.

On the same date, 1,705 shares of common stock were disposed of at $34.30 per share to cover tax liabilities through a tax-withholding arrangement, not an open-market sale. Following these transactions, Gooding directly held 24,985 shares of Trinity Industries common stock.

Rhea-AI 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 86,225 shares of common stock, indicating this filing reflects compensation and related tax withholding rather than discretionary buying or selling.

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Biesterfeld Robert C Jr reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Robert C. Biesterfeld Jr. received a grant of 4,024 Trinity Stock Units as equity compensation. These units represent a right to receive an equal number of Trinity common shares on a 1-for-1 basis after his service as director ends.

The units vest at the first annual stockholders meeting following the grant date, aligning his compensation with shareholder interests over that period. After vesting and upon his termination as director, the units will be settled in Trinity common stock. Following this grant, he holds 4,024 stock units directly.

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MACLIN TODD reported acquisition or exercise transactions in this Form 4 filing.

TRINITY INDUSTRIES INC director Todd Maclin received 4,024 shares of Common Stock as a grant on May 21, 2026. The award was issued at no cost per share and increased his direct holdings to 36,693 Trinity Industries shares.

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TRINITY INDUSTRIES INC President & CEO Jean Savage reported routine share movements related to tax obligations and trust holdings. A total of 23,768 shares of common stock were disposed of as a tax-withholding transaction at $34.26 per share, used to satisfy exercise price or tax liability rather than sold in the open market.

Following this disposition, Savage directly holds 204,813 common shares. In addition, 65,902 common shares are held indirectly through family trusts where Savage serves as trustee and family members are beneficiaries, and through a revocable trust where Savage is the lifetime beneficiary and trustee.

Rhea-AI Summary

TRINITY INDUSTRIES INC executive Aaron J. Gooding, EVP Leasing and Services, reported a routine tax-withholding disposition of 805 shares of Common Stock at $34.26 per share. After this withholding transaction, he directly holds 13,450 shares of Trinity Industries common stock.

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Trinity Industries Vice President and CAO Christina N. Maldonado reported a tax-withholding disposition of 1,000 shares of common stock. The shares were valued at $34.26 each and were delivered to cover tax obligations, not sold on the market. After this transaction, she directly owns 24,487 shares of Trinity Industries common stock.

Rhea-AI 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.

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Trinity Industries EVP & CFO Eric R. Marchetto reported a routine share disposition related to taxes rather than an open-market trade. On May 15, 2026, 7,126 shares of common stock were used at $34.26 per share to cover tax obligations, classified as a tax-withholding disposition.

After this transaction, Marchetto directly holds 262,668 shares of Trinity Industries common stock. He also indirectly holds 3,080 shares through a 401k Plan, reflecting retirement-plan ownership separate from his direct holdings.

Rhea-AI Summary

Trinity Industries executive Scott M. Ewing reported a routine tax-withholding share disposition. On this Form 4, 1,492 shares of Common Stock were surrendered on 2026-05-15 at $34.26 per share to cover tax obligations. After this transaction, he directly holds 60,051 shares of Trinity Industries common stock.

Rhea-AI Summary

Trinity Industries director Leldon E. Echols reported receiving a grant of Trinity Phantom Stock Units. On March 31, 2026, he acquired 720 phantom stock units linked to Trinity common stock at a reference price of $32.18 per unit. These units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees and convert on a 1-for-1 basis to common stock equivalents, but the account will be settled in cash after his retirement. Following this grant, Echols holds a total of 75,411 Trinity Phantom Stock Units directly.

Rhea-AI Summary

MACLIN TODD reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Todd Maclin received a grant of 1,070 Trinity Phantom Stock Units as compensation. The units were awarded at a reference value of $32.18 per unit and increase his phantom stock balance to 25,523 units following the transaction.

The phantom units are accrued under the Trinity Industries Deferred Plan for Directors Fees. Each unit is linked 1-for-1 to a share of Trinity common stock for value, but the account will be settled in cash after his retirement rather than in actual shares. This filing reflects routine, non-market compensation and does not represent an open-market stock purchase or sale.

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Biesterfeld Robert C Jr reported acquisition or exercise transactions in this Form 4 filing.

Trinity Industries director Robert C. Biesterfeld Jr. received a grant of 902 Trinity Phantom Stock Units on March 31, 2026 under the company’s Deferred Plan for Directors Fees. Each unit tracks one share of common stock, bringing his total phantom stock units to 13,817, settled in cash after retirement.

Rhea-AI Summary

Trinity Industries President and CEO Jean Savage reported a bona fide gift of 130,000 shares of common stock on March 2, 2026. The gift was recorded at $0.00 per share, reflecting that this was a non-market, no‑cash transfer. After the gift, Savage directly owned 228,581 common shares, and separate disclosure shows 65,902 common shares held indirectly through family trusts as of the same date.

Rhea-AI Summary

Trinity Industries Inc. director reports additional deferred phantom stock units. A company director reported a Form 4 transaction dated 12/31/2025 involving Trinity Phantom Stock Units under the Trinity Industries, Inc. Deferred Plan for Directors Fees. The filing shows an acquisition coded as "A" of 838 Trinity Phantom Stock Units, each economically tied on a 1-for-1 basis to one share of Trinity common stock. The units reference Trinity common stock at a price of $26.44 and have a conversion or exercise price of $0.

After this transaction, the reporting person holds 74,691 derivative securities in the form of phantom stock units, held in direct ownership. According to the plan terms, the phantom stock account will be settled in cash after the reporting person’s retirement, rather than in actual shares.

Rhea-AI Summary

Trinity Industries director Robert C. Biesterfeld Jr. reported an equity-related transaction involving derivative securities linked to the company’s common stock. On 12/31/2025, he acquired 1,079 Trinity Phantom Stock Units at a conversion rate of one unit for one share of Trinity common stock, under the Trinity Industries, Inc. Deferred Plan for Directors Fees. The units track the value of Trinity common stock, which is shown at $26.44 per share for this transaction, but will be settled in cash after his retirement rather than in actual shares. Following this transaction, he beneficially owned 12,915 derivative securities in the form of these phantom stock units, held as a direct interest.

Rhea-AI Summary

Trinity Industries director reports additional deferred equity units

Todd Maclin, a director of Trinity Industries, Inc., reported an acquisition of 1,280 Trinity Phantom Stock Units on 12/31/2025 under the company’s Deferred Plan for Directors Fees. Each phantom stock unit is linked to one share of Trinity common stock on a 1-for-1 basis. Following this transaction, Maclin beneficially owns 24,453 Trinity Phantom Stock Units in direct form. The filing notes that the account tied to these units will be settled in cash after the reporting person’s retirement, rather than through delivery of company shares.