4Filed Sep 16, 8:00 PM ET
Trinity Capital (TRIN) CCO Ronald Kundich Sells 3,981 Shares
$TRIN · Trinity Capital Inc.Research Summary
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Trinity Capital (TRIN) CCO Ronald Kundich Sells 3,981 Shares
What Happened
- Ronald Kundich, Chief Credit Officer of Trinity Capital (TRIN), had 3,981 shares withheld/disposed to satisfy tax obligations tied to the vesting of restricted shares. The shares were valued at $17.79 each, totaling roughly $70,822. This was a tax-withholding disposition (not an open‑market sale) related to equity vesting.
Key Details
- Transaction date: September 15, 2026; Filing date: September 17, 2026 (filed within the typical 2-business-day window).
- Price per share: $17.79; Total value: ~$70,822.
- Transaction code: F — shares withheld to satisfy tax obligations upon vesting of restricted shares.
- Footnote: Shares were withheld to satisfy the reporting person's tax obligations in connection with vesting on Sept 15, 2026; transaction exempt from Section 16(b) under Rule 16b‑3.
- Shares owned after transaction: Not reported in the information provided.
- Administrative note: Sarah Stanton signed the Form 4 on behalf of Mr. Kundich under a power of attorney dated Sept 17, 2021.
Context
- This was a routine tax-withholding event tied to restricted stock vesting, not an open-market sale or discretionary sale by the insider. Such withholdings are standard and generally do not indicate a change in the insider’s market view. The Rule 16b‑3 exemption is typical for company-approved compensatory arrangements.