Robert C. Biesterfeld Jr - Mar 31, 2024 Form 4 Insider Report for TRINITY INDUSTRIES INC (NYSE/TRN)

Role
Director
Signature
Christina Maldonado For: Robert C. Biesterfeld Jr.
Stock symbol
NYSE/TRN
Transactions as of
Mar 31, 2024
Transactions value $
$26,513
Form type
4
Date filed
4/2/2024, 06:34 PM
Previous filing
Jan 3, 2024
Next filing
May 22, 2024

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 NYSE/TRN Trinity Phantom Stock Units Award $26.5K +952 +17.6% $27.85 6.36K Mar 31, 2024 Common Stock 952 $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.