Zacharia Michael 4
4 · Trinity Capital Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Trinity Capital (TRIN) Director Zacharia Michael Receives 6,176 Restricted Shares
What Happened Zacharia Michael, a director of Trinity Capital Inc. (TRIN), was granted 6,176 restricted shares on June 10, 2026 under the company's 2019 Non-Employee Director Restricted Stock Plan (transaction code A). No purchase price is reported (N/A), and the shares are restricted — they will not be freely tradable until they vest.
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (filed on time).
- Transaction type/code: Grant / Award (A).
- Shares issued: 6,176 restricted shares; price per share: N/A.
- Vesting: Shares vest in full on the earlier of (1) June 10, 2027, or (2) the day before the next annual meeting of stockholders (Footnote F1).
- Ownership after transaction: Not specified in the provided excerpt of the filing.
- Footnote F2: Indicates some reported ownership may include shares acquired via a broker dividend reinvestment program.
- Signing: Sarah Stanton signed the Form 4 on behalf of Mr. Zacharia under a power of attorney dated Dec. 31, 2020 (remark in filing).
Context This is a standard director compensation grant of restricted stock rather than an open-market purchase or sale. Restricted shares typically signal compensation and are time- or event-vested; they do not by themselves indicate a director buying or selling the stock for investment exposure. The filing appears timely (Form 4 within two business days of the June 10 transaction).
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-10+6,176→ 23,343.87 total
- 46,906.54(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]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 10, 2027 or (2) the date immediately preceding the next annual meeting of stockholders.
- [F2]Includes shares acquired pursuant to broker dividend reinvestment program that reinvests Trinity Capital Inc. dividends on substantially similar terms as those of the Trinity Capital Inc. distribution reinvestment plan.