Eric R. Marchetto - 02 May 2024 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
EVP & CFO
Signature
Christina Maldonado For: Eric R. Marchetto
Issuer symbol
TRN
Transactions as of
02 May 2024
Net transactions value
-$264,480
Form type
4
Filing time
06 May 2024, 19:18:26 UTC
Previous filing
29 Mar 2024
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYSE/TRN Common Stock Sale $264,480 -8,816 -3.8% $30.00 224,888 02 May 2024 Direct
holding NYSE/TRN Common Stock 2,843 02 May 2024 401k Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).