Swart Paul 4

What Happened
Paul Swart, Chief Financial Officer of TriMas Corporation (TRS), was granted 6,849 shares on March 14, 2026. The Form 4 reports the shares were acquired at $0.00 per share (total reported cash outlay $0), indicating an award/grant rather than an open-market purchase or sale. The Form 4 was filed March 16, 2026.

Key Details

• Transaction date: 2026-03-14; Report filed: 2026-03-16.
• Transaction type/code: A (Award/Grant). Price reported: $0.00 per share; total reported value $0.
• Shares received: 6,849.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable items: Filing classifies this as an award; the report does not disclose vesting terms, a 10b5-1 plan, or tax-withholding details in this entry.
• Timeliness: Filed two days after the transaction date, which is within the SEC’s usual two-business-day Form 4 window.

Context
An award/grant is typically part of executive compensation (e.g., restricted stock or RSUs) and does not require the insider to pay cash at grant; it differs from an open-market purchase (which may signal personal buying conviction) or a sale. The filing does not state fair-market value or vesting schedule here, so the economic value and any future sellability of these shares are not specified by this report.