4Filed Sep 16, 8:00 PM ET
Trinity Capital (TRIN) CEO Kyle Brown Sells 10,744 Shares (Tax Withholding)
$TRIN · Trinity Capital Inc.Research Summary
AI-generated summary of this SEC filing
Trinity Capital (TRIN) CEO Kyle Brown Sells 10,744 Shares (Tax Withholding)
What Happened
Kyle S. Brown, Trinity Capital’s CEO, President, CIO and a director, had 10,744 shares withheld on September 15, 2026 to satisfy tax obligations arising from the vesting of restricted shares. The shares were valued at $17.79 each, for a total disposed value of approximately $191,136. This was a tax-withholding transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-09-15; price per share: $17.79; shares withheld/disposed: 10,744; total value: ~$191,136.
- Transaction code: F (shares withheld to satisfy tax obligations on vesting of restricted shares).
- Filing: Form 4 filed 2026-09-17 (timely within the standard 2-business-day window).
- Footnote: Shares withheld to satisfy the reporting person’s tax obligations in connection with vesting on 9/15/2026; transaction exempt from Section 16(b) under Rule 16b-3.
- Signing remark: Sarah Stanton signed on behalf of Mr. K. Brown under a POA dated 9/17/2021.
- Shares owned after the transaction: not specified in the provided filing summary.
Context
This was a routine tax-withholding action tied to RSU vesting (a common administrative disposal) rather than a discretionary sale that might reflect sentiment. For retail investors, purchase transactions typically carry clearer signals than withholding or other administrative dispositions.