Trinity Capital (TRIN) CFO Michael Testa Sells 2,601 Shares

What Happened

• Michael Testa, CFO and Treasurer of Trinity Capital (TRIN), had 2,601 shares withheld to satisfy tax obligations related to vesting of restricted shares. The shares were valued at $17.79 each, totaling approximately $46,272, and were reported as a disposition (withholding).

Key Details

• Transaction date and price: Sept 15, 2026 — 2,601 shares at $17.79 each (≈ $46,272).
• Transaction code: F (shares withheld to satisfy tax obligations).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares were withheld to satisfy tax obligations upon vesting of restricted shares on Sept 15, 2026; transaction exempt from Section 16(b) under Rule 16b-3.
• Filing: Form 4 filed Sept 17, 2026 (timely relative to the reported Sept 15 transaction).

Context

• This was a tax-withholding disposition tied to restricted stock vesting, not an open-market sale or a purchase; such withholdings are routine and do not necessarily indicate the insider’s market view.
• The transaction is a common, administrative step (code F) and is exempt from short-swing profit recovery under Rule 16b-3.