TriMas (TRS) holder Sedaghat reports 16.9% beneficial stake
Rhea-AI Filing Summary
Trend International Holding and Shawn Sedaghat filed Amendment No. 4 to their Schedule 13D on TriMas Corporation. The amendment updates their reported beneficial ownership percentages after TriMas disclosed 35,827,685 shares of common stock outstanding as of April 23, 2026.
Trend reports beneficial ownership of 4,170,667 shares, or 11.6% of TriMas common stock, all with shared voting and dispositive power. Sedaghat reports beneficial ownership of 6,054,425 shares, or 16.9% of the class, largely held through entities including Trend and Swan, plus 7,633 shares held directly.
The filing explains that the change in reported ownership is due solely to the decrease in TriMas’s outstanding shares, not new share purchases. It also notes Sedaghat’s board compensation in the form of restricted stock units, including a 2,853 RSU grant on March 14, 2026 and a 640 RSU grant on April 14, 2026, both in consideration for his board service.
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