Leldon E. Echols - 31 Dec 2022 Form 4 Insider Report for TRINITY INDUSTRIES INC (TRN)

Role
Director
Signature
Christina Maldonado For: Leldon E Echols
Issuer symbol
TRN
Transactions as of
31 Dec 2022
Transactions value $
$15,140
Form type
4
Filing time
03 Jan 2023, 16:46:38
Previous filing
09 Nov 2022
Next filing
24 Mar 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 $15.1K +512 +0.78% $29.57 66.3K 31 Dec 2022 Common Stock 512 $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.