Director at TriMas (NYSE: TRS) receives 2,853-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRIMAS CORP director Parker Herbert K received a grant of 2,853 shares of Common Stock, increasing his direct holdings to 72,762 shares. The shares were acquired at a stated price of $0.00 per share, indicating a stock award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker Herbert K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,853 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,762 shares (Direct)
Footnotes (1)
FAQ
What did the latest Form 4 for TRS disclose about Parker Herbert K?
The Form 4 shows director Parker Herbert K received a grant of 2,853 TriMas Common Stock shares at a stated price of $0.00 per share. After this award, his direct holdings reported in the filing increased to 72,762 shares in total.
Was the Parker Herbert K TRS Form 4 transaction a stock purchase or sale?
The transaction was not an open-market buy or sell. It is coded as a grant, award, or other acquisition, with 2,853 Common Stock shares received at a price of $0.00 per share, reflecting a non-market stock award to the director.
What is the significance of the $0.00 price in the TRS Form 4 filing?
The $0.00 per share price indicates the 2,853 TriMas shares were granted as an award, not bought in the market. This typically reflects equity compensation to a director rather than a discretionary investment decision to purchase or sell stock.
Does the TriMas Form 4 indicate any stock sales by Parker Herbert K?
The Form 4 does not report any stock sales by Parker Herbert K. It only records a single acquisition transaction: a grant or award of 2,853 Common Stock shares at $0.00 per share, increasing his directly held TriMas shares to 72,762.