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TRIMAS CORP·4

Jul 1, 4:34 PM ET

Parker Herbert K 4

Research Summary

AI-generated summary

Updated

TriMas (TRS) Director Parker Herbert K Sells 15,000 Shares

What Happened
Parker Herbert K, a director of TriMas Corporation (TRS), sold 15,000 shares in an open-market transaction on June 30, 2026. The shares were sold at a weighted average price of $45.03 per share, generating proceeds of approximately $675,465. This was a sale (not a purchase).

Key Details

  • Transaction date: 2026-06-30; Form 4 filed with the SEC on 2026-07-01 (appears timely).
  • Price: weighted average $45.03; individual trades ranged from $45.000 to $45.120.
  • Proceeds: ≈ $675,465 for 15,000 shares.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: (1) Reported price is a weighted average; reporting person can provide per-price breakdown on request. (2) Sales were effected under a Rule 10b5-1 trading plan adopted March 5, 2026.

Context
A Rule 10b5-1 plan lets insiders sell prearranged trades and can indicate the sales were scheduled in advance rather than driven by current, nonpublic information. Sales by directors are common and, by themselves, do not necessarily signal a change in view on the company.