Zacharia Michael 4
Research Summary
AI-generated summary
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).