Welcome to our dedicated page for Trinity Industri SEC filings (Ticker: TRN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Trinity Industries, Inc. (TRN) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Trinity is a Dallas, Texas–based company whose businesses provide rail transportation products and services in North America under the TrinityRail® brand, and its filings offer detailed insight into this rail-focused platform.
Investors can review current reports on Form 8-K, where Trinity discloses material events such as quarterly earnings announcements, conference call materials, and significant transactions. Recent 8-K filings describe results for the Railcar Leasing and Services Group and Rail Products Group, non-GAAP financial measures like EBITDA and Adjusted Earnings Per Share (with reconciliations in accompanying materials), and operational metrics including lease fleet utilization, Future Lease Rate Differential (FLRD), new railcar orders and deliveries, and railcar backlog.
Filings also document material definitive agreements related to Trinity’s railcar leasing and financing structures. Examples include a Sale and Exchange Agreement involving Trinity Industries Leasing Company and Napier Park Railcar Lease Fund LLC, which changed ownership interests in entities such as Triumph Rail Holdings LLC and RIV 2013 Rail Holdings LLC and resulted in a preliminary non-cash pre-tax gain. Another 8-K describes a Note Purchase Agreement for secured green railcar notes issued by Trinity Rail Leasing 2025 LLC, backed by railcars and operating leases.
Through Stock Titan, users can access these filings as they are made available on EDGAR and use AI-powered summaries to interpret complex documents. The platform helps explain key sections of Trinity’s quarterly and annual reports, current reports, and financing agreements, and makes it easier to identify information about segment performance, capital structure, and railcar investment partnerships. Form 4 insider transaction data, when filed, can also be reviewed to understand equity activity by Trinity insiders.
Trinity Industries, Inc., through subsidiary Trinity Rail Leasing 2025 LLC, created a new long-term secured debt structure by issuing Series 2026-1 railcar notes. TRL-2025 issued $447,439,000 of Class A Secured Green Standard Railcar Notes at 5.35% and $33,360,000 of Class B Notes at 5.56%, both with stated final maturity on April 19, 2056.
The notes are secured by a portfolio of railcars and operating leases and rank alongside previously issued 2025-1 notes under a Master Indenture. Net proceeds from railcars acquired with the new notes will help redeem $377,100,000 of Trinity Rail Leasing 2019 LLC’s 2019-1 secured railcar notes and support general corporate purposes. The filing emphasizes that repayment timing depends on asset cash flows and market conditions and may occur earlier than the stated maturity, but this is not assured.
Trinity Industries, Inc. reported that its wholly owned subsidiary, Trinity Industries Leasing Company, entered into a Contribution Agreement on April 9, 2026. Under this agreement, the subsidiary contributed a 42.56% membership interest in TRIP Rail Holdings LLC and a 0.2% interest in Triumph Rail Holdings LLC to NP SPE Holdings LP in exchange for an 11.2% limited partnership interest in NP SPE.
After these transactions, Trinity’s subsidiary no longer directly owns any part of TRIP Rail Holdings LLC or Triumph Rail Holdings LLC. As a result, TRIP Rail Holdings LLC and its subsidiaries will no longer be consolidated into Trinity’s financial statements, which will change how Trinity reports the results of these rail-related operations going forward.
Trinity Industries, Inc. is asking stockholders to elect eight directors, approve executive compensation on an advisory basis, and ratify Ernst & Young LLP as independent auditor at its May 21, 2026 annual meeting in Dallas.
The proxy highlights 2025 performance, including $2.2 billion in revenue and reported earnings per share of $3.14, supported by strong railcar leasing, manufacturing, and services operations. Cash flow from operations reached $367 million, with $170 million returned to stockholders through dividends and share repurchases. Return on equity was 23.2% (adjusted 24.4%), railcar backlog was $1.7 billion, and lease fleet utilization was 97.1%.
The Board emphasizes independent oversight, with seven of eight nominees deemed independent and an independent non-executive chair. Executive pay is heavily performance-based, using annual profit and cash metrics plus long-term equity tied to return on equity and relative total stockholder return, and includes stock ownership guidelines and a clawback policy.
Trinity Industries, Inc. reports that subsidiaries Trinity Industries Leasing Company and Trinity Rail Leasing 2025 LLC entered into a Note Purchase Agreement for two tranches of secured green railcar notes. Trinity Rail Leasing 2025 LLC will issue $447,439,000 of Series 2026-1 Class A Secured Green Standard Railcar Notes bearing a fixed 5.35% interest rate, payable monthly, with a stated final maturity on April 19, 2056. It will also issue $33,360,000 of Series 2026-1 Class B Secured Green Standard Railcar Notes at a fixed 5.56% interest rate, also maturing on April 19, 2056. The notes will be secured by approximately 15,082 railcars and related operating leases and are part of an asset backed securitization scheduled to close on or about April 17, 2026, subject to customary conditions, with no assurance that closing will occur. The notes are being sold to initial purchasers for resale to qualified institutional buyers under Rule 144A and to certain offshore investors under Regulation S.
Trinity Industries director Leldon E. Echols reported receiving a grant of Trinity Phantom Stock Units. On March 31, 2026, he acquired 720 phantom stock units linked to Trinity common stock at a reference price of $32.18 per unit. These units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees and convert on a 1-for-1 basis to common stock equivalents, but the account will be settled in cash after his retirement. Following this grant, Echols holds a total of 75,411 Trinity Phantom Stock Units directly.
MACLIN TODD reported acquisition or exercise transactions in this Form 4 filing.
Trinity Industries director Todd Maclin received a grant of 1,070 Trinity Phantom Stock Units as compensation. The units were awarded at a reference value of $32.18 per unit and increase his phantom stock balance to 25,523 units following the transaction.
The phantom units are accrued under the Trinity Industries Deferred Plan for Directors Fees. Each unit is linked 1-for-1 to a share of Trinity common stock for value, but the account will be settled in cash after his retirement rather than in actual shares. This filing reflects routine, non-market compensation and does not represent an open-market stock purchase or sale.
Biesterfeld Robert C Jr reported acquisition or exercise transactions in this Form 4 filing.
Trinity Industries director Robert C. Biesterfeld Jr. received a grant of 902 Trinity Phantom Stock Units on March 31, 2026 under the company’s Deferred Plan for Directors Fees. Each unit tracks one share of common stock, bringing his total phantom stock units to 13,817, settled in cash after retirement.
The Vanguard Group filed an amended Schedule 13G reporting that it beneficially owns 0 shares of Trinity Industries Inc common stock, representing 0% of the class as disclosed in the amendment dated 03/13/2026.
The filing states Vanguard completed an internal realignment and certain subsidiaries or business divisions will report beneficial ownership separately in reliance on SEC Release No. 34-39538 (January 12, 1998). The amendment is signed by the Head of Global Fund Administration on 03/27/2026.
Trinity Industries President and CEO Jean Savage reported a bona fide gift of 130,000 shares of common stock on March 2, 2026. The gift was recorded at $0.00 per share, reflecting that this was a non-market, no‑cash transfer. After the gift, Savage directly owned 228,581 common shares, and separate disclosure shows 65,902 common shares held indirectly through family trusts as of the same date.