TRIMAS director granted 640 TRS shares
SEDAGHAT SHAWN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SEDAGHAT SHAWN reported acquisition or exercise transactions in this Form 4 filing.
TRIMAS CORP director Shawn Sedaghat received a grant of 640 shares of Common Stock at $39.03 per share. After this compensation-related award, a total of 4,178,300 shares are reported as directly held, combining 7,633 Director Shares held by Mr. Sedaghat and 4,170,667 shares held by Trend International Holding AG, with both parties disclaiming beneficial ownership beyond any pecuniary interest. An additional 1,883,758 shares are reported as indirectly held through Swan Family Office, LLC, where Mr. Sedaghat serves as Managing Member.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 640 | $39.03 | $25K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. 7,633 of the securities reported herein, including the 640 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.
- F2. 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.
- F3. 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.
- F4. 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
Key Terms
beneficial ownership financial
pecuniary interest financial
Section 16 regulatory
indirectly held financial
FAQ
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What insider transaction did TRIMAS CORP (TRS) report for Shawn Sedaghat?
What indirect TRIMAS CORP holdings are reported through Swan Family Office, LLC?
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