Robert C. Biesterfeld Jr - Jun 30, 2023 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
Director
Signature
Christina Maldonado For: Robert C. Biesterfeld Jr.
Stock symbol
TRN
Transactions as of
Jun 30, 2023
Transactions value $
$25,607
Form type
4
Date filed
7/5/2023, 05:10 PM
Previous filing
May 10, 2023
Next filing
Oct 3, 2023

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 $25.6K +996 +42.08% $25.71 3.36K Jun 30, 2023 Common Stock 996 $0.00 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.