Tredwell Daniel P 4
Research Summary
AI-generated summary
TRIMAS (TRS) Director Daniel P. Tredwell Buys 59.769 Shares
What Happened
Daniel P. Tredwell, a director of TriMas (TRS), made an open-market purchase of 59.769 shares on March 5, 2026. The reported weighted-average price was $39.38 per share, for a total reported cost of approximately $2,354. This transaction is a purchase (P), which investors often view as a more informative action than routine sell transactions.
Key Details
- Transaction date: 2026-03-05 (reported on Form 4 filed 2026-03-09).
- Transaction type/code: Open-market Purchase (P).
- Shares bought: 59.769 shares.
- Price: weighted average $39.38 per share (range reported in footnote: $39.38 to $39.381).
- Total reported value: ~$2,354.
- Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
- Footnote: The price shown is a weighted average; the filing notes multiple purchases at prices between $39.38 and $39.381 and offers to provide a breakdown on request.
- Timeliness: Filed on 2026-03-09 for a 2026-03-05 transaction—within the SEC’s two-business-day Form 4 filing deadline.
Context
- This was a small open-market purchase by a director. Purchases can be interpreted by some investors as a positive signal, but the filing itself does not state motivation.
- No option exercises, awards, gifts, or tax-withholding events are indicated in this reported transaction.