TriMas (NYSE: TRS) CEO delivers 22,155 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TriMas Corp President and CEO Thomas James Snyder reported a tax-related share disposition. On this Form 4, 22,155 shares of common stock were delivered at $43.6000 per share to satisfy tax obligations, classified as a tax-withholding disposition rather than an open-market sale. Following the transaction, Snyder directly holds 130,284 shares of TriMas common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Snyder Thomas James
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 22,155 | $43.60 | $966K |
Holdings After Transaction:
Common Stock — 130,284 shares (Direct, null)
Footnotes (1)
Key Figures
Shares delivered for tax withholding: 22,155 shares
Transaction price per share: $43.6000 per share
Shares held after transaction: 130,284 shares
+1 more
4 metrics
Shares delivered for tax withholding
22,155 shares
Tax-withholding disposition, code F
Transaction price per share
$43.6000 per share
Value used for tax-withholding disposition
Shares held after transaction
130,284 shares
Direct holdings following Form 4 transaction
Transaction direction
Dispose
Tax-withholding disposition, not open-market sale
Key Terms
tax-withholding disposition, Common Stock, Form 4
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TriMas (TRS) report in this Form 4?
TriMas reported a tax-related share disposition by its President and CEO, Thomas James Snyder. He delivered 22,155 common shares as a tax-withholding disposition at $43.6000 per share and now directly holds 130,284 shares after the transaction.
Was the TriMas (TRS) CEO’s Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Shares were delivered to cover tax obligations, classified under code F, rather than sold on the market, and Snyder continues to directly hold 130,284 common shares.
What are Thomas James Snyder’s TriMas (TRS) holdings after the Form 4 transaction?
After the tax-withholding disposition, Thomas James Snyder directly holds 130,284 TriMas common shares. This post-transaction holding reflects his remaining direct ownership following delivery of 22,155 shares to cover tax obligations at $43.6000 per share.
What does transaction code F mean in the TriMas (TRS) CEO’s Form 4?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. For TriMas, it shows the CEO delivered 22,155 common shares at $43.6000 per share as a tax-withholding disposition rather than an open-market trade.