TRIMAS CORP·4

Mar 16, 6:57 PM ET

SEDAGHAT SHAWN 4

Research Summary

AI-generated summary

Updated

TRIMAS (TRS) 10% Owner Shawn Sedaghat Receives Award of 2,853 Shares

What Happened

  • Shawn Sedaghat, a reported 10% owner of TRIMAS Corp (TRS), was granted 2,853 shares on March 14, 2026. The shares were reported as acquired at $0.00 per share (transaction code A = award/grant), so the reported acquisition value is $0. This is an award/grant (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-03-14; filing date: 2026-03-16 (Form 4 filed within normal reporting window).
  • Price reported: $0.00 per share; total reported value: $0.
  • Shares owned after transaction: Mr. Sedaghat directly holds 6,993 shares in total (this total includes the 2,853 granted shares).
  • Other reported holdings: Trend International Holding AG directly holds 4,170,667 shares (footnote states Trend disclaims beneficial ownership for Section 16 purposes). Swan Family Office also holds securities referenced in the filing (see footnotes).
  • Transaction type: A = Award/Grant.

Context

  • This was an issuance/award of shares to an insider, which is different from a market purchase or sale and does not by itself indicate a buy/sell signal.
  • Multiple footnotes clarify ownership structures: Mr. Sedaghat directly holds some shares and is associated with Trend and Swan Family Office, but those entities expressly disclaim beneficial ownership of certain holdings under Section 16 except to the extent of any pecuniary interest.
  • For retail investors, awards like this reflect insider compensation or board-related grants rather than a straightforward personal investment decision.