Director gets 2,853 TriMas (NYSE: TRS) shares in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stanage Nick L reported acquisition or exercise transactions in this Form 4 filing.
TRIMAS CORP director Nick L. Stanage received a stock award of 2,853 shares of common stock. The shares were granted at no cash cost to him, reflecting equity-based compensation rather than a market purchase. Following this award, his direct holdings increased to 53,853 TriMas shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stanage Nick L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,853 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,853 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did TRIMAS CORP (TRS) report for Nick L. Stanage?
TRIMAS CORP reported that director Nick L. Stanage received a stock award of 2,853 shares of common stock. This grant was recorded as an acquisition under a compensation-related award, not as an open-market purchase or sale of existing shares.
Was the TRIMAS CORP (TRS) insider transaction a market buy or sell?
The transaction was not a market buy or sell. It is coded as an “A” transaction, meaning a grant, award, or other acquisition. Stanage received 2,853 shares as a stock award at a reported price of zero dollars per share.
What does transaction code "A" mean in the TRIMAS CORP (TRS) Form 4?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities. For TRIMAS CORP, it shows that director Nick L. Stanage was granted 2,853 common shares as part of equity compensation, rather than trading in the open market.
Is the Nick L. Stanage Form 4 for TRIMAS CORP (TRS) a routine equity grant?
The filing describes an award of 2,853 common shares to director Nick L. Stanage at no cash cost, a pattern consistent with routine director equity compensation. There are no indications of open-market buying, selling, or special one-time arrangements in this transaction.