Ronald E. Estes - 18 Nov 2025 Form 4 Insider Report for Trinity Capital Inc. (TRIN)

Role
Director
Signature
/s/ Sarah Stanton, on behalf of Ronald E. Estes
Issuer symbol
TRIN
Transactions as of
18 Nov 2025
Net transactions value
+$21,655
Form type
4
Filing time
20 Nov 2025, 19:00:03 UTC
Previous filing
10 Nov 2025
Next filing
16 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Estes Ronald E. Director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, SUITE 302, PHOENIX /s/ Sarah Stanton, on behalf of Ronald E. Estes 20 Nov 2025 0001796067

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIN Common Stock Purchase $7,225 +500 +1.4% $14.45 35,944 18 Nov 2025 Direct F1, F2
transaction TRIN Common Stock Purchase $14,430 +1,000 +2.8% $14.43 36,944 19 Nov 2025 Direct F1, F2, F3
holding TRIN Common Stock 10,172 18 Nov 2025 By The Estes Revocable Trust, dated January 12, 1990 F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,443 restricted shares issued under the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan, as amended. Such restricted shares shall vest in full on the earlier of (1) June 12, 2026 or (2) the date immediately preceding the next annual meeting of stockholders.
F2 Due to an administrative error, 3,335 shares that vested on June 11, 2025 and were subsequently transferred to The Estes Revocable Trust, dated January 12, 1990 were incorrectly shown as directly held in the Forms 4 dated August 29, 2025, September 4, 2025, September 12, 2025, September 15, 2025, and November 10, 2025. This Form 4 corrects the error in Column 5 for both shares directly held and shares indirectly held by The Estes Revocable Trust, dated January 12, 1990. There was no change in the total number of shares beneficially owned reported for the Reporting Person on any prior Form 4 as a result of this correction.
F3 The price reported in Column 4 is a weighted-average price, rounded to the nearest hundredth. These shares were purchased in multiple transactions at prices ranging from $14.40 to $14.45 per share, inclusive. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission, Trinity Capital Inc. (the "Company"), or a security holder of the Company, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.