Kundich Ronald 4
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Trinity Capital (TRIN) Chief Credit Officer Ronald Kundich Withholds 3,982 Shares
What Happened Ronald Kundich, Chief Credit Officer of Trinity Capital (TRIN), had 3,982 shares withheld on June 15, 2026 to satisfy tax obligations related to restricted shares vesting. The shares were valued at $16.89 each, for a total of $67,256. This was a tax-withholding disposition (not an open-market sale) and the transaction is reported as exempt from Section 16(b) under Rule 16b-3.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026.
- Action: Shares withheld to cover taxes upon vesting (transaction code F). Disposition of 3,982 shares at $16.89; total value $67,256.
- Footnote F1: Shares withheld to satisfy the reporting person's tax obligations in connection with vesting of restricted shares; transaction exempt under Rule 16b-3.
- Footnote F2: Form 4 corrects prior reporting that inadvertently overstated beneficial ownership by 9,071 shares.
- Filing signature: Sarah Stanton signed on behalf of Mr. Kundich under a power of attorney dated Sept. 17, 2021.
- Shares owned after transaction: not specified in the excerpted details of this report (check the full Form 4 for updated beneficial ownership).
Context Withholding shares to cover taxes on vested restricted stock is a common, administrative disposition and does not necessarily signal a deliberate decision to sell for investment reasons. The filing also corrects a prior overstatement of beneficial ownership, so investors should reference the corrected Form 4 for updated holdings.