Robert C. Biesterfeld Jr. - 31 Mar 2023 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
Director
Signature
Christina Maldonado For: Robert C. Biesterfeld Jr.
Issuer symbol
TRN
Transactions as of
31 Mar 2023
Net transactions value
+$25,334
Form type
4
Filing time
04 Apr 2023, 17:03:25 UTC
Previous filing
03 Jan 2023
Next filing
10 May 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRN Trinity Phantom Stock Units Award $25,334 +1,040 +78% $24.36 2,367 31 Mar 2023 Common Stock 1,040 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Trinity Phantom Stock Units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees. Stock units are converted at "1 - for - 1" (a rate of one stock unit per one share of Trinity common stock). Settlement of the account will be in cash after the reporting person's retirement.