Trinity Capital Inc.·4

Jun 17, 7:00 PM ET

Harder Gerald 4

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Trinity Capital (TRIN) COO Gerald Harder Shares Withheld for Taxes

What Happened
Gerald Harder, Chief Operating Officer of Trinity Capital (TRIN), had 4,654 restricted shares withheld to satisfy tax obligations upon vesting on June 15, 2026. The shares were valued at $16.89 each for a total of approximately $78,606. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely filing).
  • Price used for withholding: $16.89 per share; total value ≈ $78,606.
  • Shares involved: 4,654 restricted shares withheld to cover taxes.
  • Transaction code: F (tax withholding); footnote indicates withholding in connection with vesting of restricted shares and exemption from Section 16(b) under Rule 16b-3.
  • Signing: Sarah Stanton signed on behalf of Mr. Harder under a previously filed power of attorney.
  • Shares owned after transaction: not specified in the supplied filing details.

Context
Tax-withholding on vested restricted stock is a routine administrative disposition (a cashless way to satisfy tax obligations) and does not necessarily reflect a decision to sell shares on the market. Because this was a withholding in connection with vesting and exempt under Rule 16b-3, it is treated differently than a discretionary sale subject to short-swing profit rules.