TriMas Corp (NASDAQ: TRS) director Sedaghat gets 615-share stock award
Rhea-AI Filing Summary
SEDAGHAT SHAWN reported acquisition or exercise transactions in this Form 4 filing.
TriMas Corp director and 10% owner Shawn Sedaghat reported a grant of 615 shares of Common Stock at $40.64 per share. After this award, 4,178,915 shares are reported as directly held, including 4,170,667 held by Trend International Holding AG and 8,248 Director Shares held by Sedaghat personally, and 1,883,758 shares are held indirectly through Swan Family Office, LLC, with each party disclaiming beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SEDAGHAT SHAWN, Trend International Holding AG
Role
Director, 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 615 | $40.64 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,178,915 shares (Direct);
Common Stock — 1,883,758 shares (Indirect, See footnote)
Footnotes (1)
- 8,248 of the securities reported herein, including the 615 securities subject to the transaction reported herein (the "Director Shares"), are directly held by Shawn Sedaghat ("Mr. Sedaghat"). Trend International Holding AG ("Trend") does not have beneficial ownership of the Director Shares, and specifically disclaims beneficial ownership of the Director Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"). This report shall not be deemed to be an admission that Trend is the beneficial owner of the Director Shares for purposes of Section 16, or for any other purpose. 4,170,667 of the securities reported in Table One, Column Five are held directly by Trend. Mr. Sedaghat (and together with Trend, the "Reporting Persons") may be deemed to beneficially own such reported securities by virtue of the fact that Mr. Sedaghat is the Chairman of the Board of, and controls, Trend. Each of Trend and Mr. Sedaghat disclaims beneficial ownership of such reported securities for purposes of Section 16, except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed to be an admission that either Reporting Person is the beneficial owner of such reported securities for purposes of Section 16, or for any other purpose. The securities reported herein are directly held by Swan Family Office, LLC ("Swan Family Office"). Mr. Sedaghat may be deemed to beneficially own the reported securities by virtue of the fact that Mr. Sedaghat is the Managing Member of Swan Family Office. Each of Swan Family Office and Mr. Sedaghat disclaims beneficial ownership of the securities to which this filing relates for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Section 16"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed to be an admission that either Swan Family Office or Mr. Sedaghat is the beneficial owner of such securities for purposes of Section 16, or for any other purpose. Trend does not have beneficial ownership of these securities, and specifically disclaims beneficial ownership of these securities. This report shall not be deemed to be an admission that Trend is the beneficial owner of such securities for purposes of Section 16, or for any other purpose.
Key Figures
Stock award shares: 615 shares
Award price per share: $40.64
Direct holdings after award: 4,178,915 shares
+3 more
6 metrics
Stock award shares
615 shares
Shares of Common Stock awarded under code A on 2026-07-14
Award price per share
$40.64
Price per share for the 615-share grant/award acquisition
Direct holdings after award
4,178,915 shares
Total TriMas Common Stock reported as directly held following the award
Shares held by Trend
4,170,667 shares
Portion of direct holdings held by Trend International Holding AG
Director Shares held personally
8,248 shares
Common Stock held directly by Shawn Sedaghat, including the 615-share award
Indirect holdings via Swan Family Office
1,883,758 shares
TriMas Common Stock held by Swan Family Office, LLC and attributed indirectly to Sedaghat
Key Terms
beneficial ownership, pecuniary interest, Section 16, ten percent owner, +1 more
5 terms
beneficial ownership regulatory
"Trend does not have beneficial ownership of the Director Shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein, if any"
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ten percent owner regulatory
"reporting person is marked as a ten percent owner"
indirect ownership financial
"The securities reported herein are directly held by Swan Family Office, LLC"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did TriMas (TRS) director Shawn Sedaghat report in this Form 4?
Sedaghat reported a grant of 615 shares of TriMas Common Stock at $40.64 per share, updating his reported direct and indirect holdings through Trend International Holding AG and Swan Family Office, LLC, with standard beneficial ownership disclaimers.
How are Trend International Holding AG and Swan Family Office involved in TriMas (TRS) holdings?
Trend International Holding AG directly holds 4,170,667 TriMas shares, and Swan Family Office, LLC holds 1,883,758 shares. Sedaghat may be deemed to beneficially own these through his control roles, but each party disclaims beneficial ownership except for any pecuniary interest.
Does Trend International Holding AG claim beneficial ownership of Shawn Sedaghat's Director Shares of TriMas (TRS)?
No. A footnote states Trend does not have beneficial ownership of the 8,248 Director Shares, including the 615-share award, and specifically disclaims beneficial ownership for Section 16 or any other purpose.