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TriMas Ties CEO Compensation to Stock Performance with Ambitious Price Targets

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thomas James Snyder, President and CEO of Trimas Corp (TRS), reported significant equity compensation awards on June 24, 2025. The insider received 152,439 shares of common stock as a direct grant and was awarded substantial stock options:

  • 100,000 options at $30 strike price
  • 200,000 options at $35 strike price
  • 200,000 options at $40 strike price
  • 200,000 options at $45 strike price
  • 200,000 options at $50 strike price

All options expire on June 24, 2035, with vesting occurring in five equal annual installments from 2026 through 2030. The tiered strike price structure suggests a performance-based incentive design, with higher potential rewards tied to stock price appreciation. The total grant of 900,000 option shares represents a significant long-term alignment with shareholder interests.

Positive

  • CEO Thomas James Snyder received substantial equity compensation package including 152,439 shares of common stock and 900,000 stock options, demonstrating strong alignment with shareholder interests
  • Tiered stock option structure with exercise prices from $30-$50 incentivizes long-term stock price appreciation, with significant upside potential requiring >66% share price growth for full value realization

Negative

  • None.
Insider Snyder Thomas James
Role President and CEO
Type Security Shares Price Value
Grant/Award Employee Stock Option (Right to buy) 100,000 $0.00 --
Grant/Award Employee Stock Option (Right to buy) 200,000 $0.00 --
Grant/Award Employee Stock Option (Right to buy) 200,000 $0.00 --
Grant/Award Employee Stock Option (Right to buy) 200,000 $0.00 --
Grant/Award Employee Stock Option (Right to buy) 200,000 $0.00 --
Grant/Award Common Stock 152,439 $0.00 --
Holdings After Transaction: Employee Stock Option (Right to buy) — 100,000 shares (Direct); Common Stock — 152,439 shares (Direct)
Footnotes (1)
  1. [object Object]
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Snyder Thomas James
(Last) (First) (Middle)
38505 WOODWARD AVENUE
SUITE 200
(Street)
BLOOMFIELD HILLS MI 48304
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRIMAS CORP [ TRS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/24/2025 A 152,439 A $0 152,439 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to buy) $30 06/24/2025 A 100,000 (1) 06/24/2035 Common Stock 100,000 $0 100,000 D
Employee Stock Option (Right to buy) $35 06/24/2025 A 200,000 (1) 06/24/2035 Common Stock 200,000 $0 200,000 D
Employee Stock Option (Right to buy) $40 06/24/2025 A 200,000 (1) 06/24/2035 Common Stock 200,000 $0 200,000 D
Employee Stock Option (Right to buy) $45 06/24/2025 A 200,000 (1) 06/24/2035 Common Stock 200,000 $0 200,000 D
Employee Stock Option (Right to buy) $50 06/24/2025 A 200,000 (1) 06/24/2035 Common Stock 200,000 $0 200,000 D
Explanation of Responses:
1. The option vests in five substantially equal installments on each of June 24, 2026, 2027, 2028, 2029 and 2030.
Remarks:
/s/ Jodi F. Robin, as attorney-in-fact 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

How many stock options did TRS CEO Thomas Snyder receive on June 24, 2025?

Thomas Snyder received a total of 900,000 stock options on June 24, 2025, structured in different tranches: 100,000 options at $30, 200,000 options each at $35, $40, $45, and $50 strike prices. All options expire on June 24, 2035.

What is the vesting schedule for TRS CEO's new stock options granted in June 2025?

The stock options vest in five substantially equal installments over five years, with vesting dates on June 24 of 2026, 2027, 2028, 2029, and 2030.

How many shares of TRS common stock did Thomas Snyder acquire on June 24, 2025?

Thomas Snyder acquired 152,439 shares of TRS common stock on June 24, 2025, at a price of $0, which are directly owned.

What positions does Thomas Snyder hold at TRS according to the Form 4?

According to the Form 4, Thomas Snyder serves as both Director and President and CEO of TriMas Corporation (TRS).

What is the exercise price range for TRS CEO's stock options granted in June 2025?

The stock options were granted with exercise prices ranging from $30 to $50 per share, structured in five different tranches: $30, $35, $40, $45, and $50.