Leldon E. Echols - 31 Dec 2023 Form 4 Insider Report for TRINITY INDUSTRIES INC (NYSE/TRN)

Role
Director
Signature
Christina Maldonado For: Leldon E. Echols
Issuer symbol
NYSE/TRN
Transactions as of
31 Dec 2023
Transactions value $
$17,789
Form type
4
Filing time
03 Jan 2024, 17:52:01
Previous filing
09 Nov 2023
Next filing
04 Mar 2025

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 $17.8K +669 +0.98% $26.59 69K 31 Dec 2023 Common Stock 669 $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.