[144] Trimas Corporation SEC Filing
Trimas Corporation (TRS) filed a Form 144 reporting a proposed sale of 25,000 common shares through Wells Fargo Clearing Services with an aggregate market value of $919,012.13. The filing lists the securities exchange as Nasdaq and gives an approximate sale date of 08/13/2025.
The filing details the acquisition of the securities to be sold: 5,000 shares purchased on 10/28/2022, 10,000 shares on 03/01/2024 and 10,000 shares on 11/15/2024, with payment in cash. It also discloses recent open-market sales by Thomas A. Amato: 63,965 shares sold on 07/29/2025 for $2,241,703.40 and 13,900 shares sold on 07/31/2025 for $489,988.50. Outstanding common shares are listed as 40,641,562.
- None.
- Recent insider sales disclosed: 63,965 shares on 07/29/2025 for $2,241,703.40 and 13,900 shares on 07/31/2025 for $489,988.50.
- Proposed sale filed: 25,000 common shares with aggregate market value of $919,012.13 and approximate sale date 08/13/2025.
- Relationship to issuer not specified in provided content: the filing's relationship field appears blank in the supplied text.
Insights
TL;DR: Form 144 shows a proposed sale of 25,000 TRS shares and significant recent open-market dispositions by the same seller.
The filing discloses a proposed sale of 25,000 common shares valued at $919,012.13, with the trade to be executed through Wells Fargo on Nasdaq. Acquisition dates and amounts are provided, indicating the shares were purchased in three open-window transactions and paid in cash. The document also records two sizable open-market sales by Thomas A. Amato in late July 2025 with gross proceeds disclosed. For analysts, the filing is a routine insider disclosure that provides clarity on recent insider liquidity and the specific volumes and proceeds involved.
TL;DR: Multiple open-market sales and a new proposed sale are disclosed; the filing includes a statement about absence of undisclosed material information.
The Form 144 contains required representations, including the signer's statement that they are not aware of undisclosed material adverse information. The record names the seller for recent transactions as Thomas A. Amato and lists acquisition history for the shares proposed for sale. The relationship-to-issuer field is not populated in the provided content, which is a notable omission in context of governance disclosure fields. The filing appears to document compliance with Rule 144 mechanics, while documenting recent insider liquidity events.