TRIMAS CORP (TRS) General Counsel sells 5,000 shares in open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRIMAS CORP General Counsel Jodi F. Robin reported selling common stock in two open-market transactions. She sold 3,000 shares of Common Stock on May 5 at $41.095 per share and 2,000 shares on May 7 at $41.605 per share. After these sales, she directly holds 34,191 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($206,495)
Net Sell
2 txns
Insider
Robin Jodi F.
Role
General Counsel and Secretary
Sold
5,000 shs ($206K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $41.605 | $83K |
| Sale | Common Stock | 3,000 | $41.095 | $123K |
Holdings After Transaction:
Common Stock — 34,191 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold May 5: 3,000 shares
Shares sold May 7: 2,000 shares
Total shares sold: 5,000 shares
+3 more
6 metrics
Shares sold May 5
3,000 shares
Open-market sale at $41.095 per share
Shares sold May 7
2,000 shares
Open-market sale at $41.605 per share
Total shares sold
5,000 shares
Two open-market sales of Common Stock
Shares held after transactions
34,191 shares
Direct Common Stock ownership after sales
Sale price May 5
$41.095 per share
Open-market sale of 3,000 shares
Sale price May 7
$41.605 per share
Open-market sale of 2,000 shares
Key Terms
Common Stock, open-market sale, Form 4
3 terms
Common Stock financial
"She sold 3,000 shares of Common Stock on May 5"
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.
open-market sale financial
"two open-market sales of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The Form 4 filing shows that Jodi F. Robin sold a total of 5,000"
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 transactions did TRIMAS CORP (TRS) report for Jodi F. Robin?
TRIMAS CORP reported that General Counsel Jodi F. Robin conducted two open-market sales of Common Stock. She sold 3,000 shares on May 5 and 2,000 shares on May 7, for a combined total of 5,000 shares sold across both transactions.
What role does Jodi F. Robin hold at TRIMAS CORP (TRS) in this Form 4?
In the Form 4, Jodi F. Robin is identified as an officer of TRIMAS CORP, serving as General Counsel and Secretary. The reported transactions therefore represent trades made by a senior legal and corporate governance executive of the company in its Common Stock.