Tax withholding trims Trinity (NYSE: TRN) EVP Aaron Gooding stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRINITY INDUSTRIES INC executive Aaron J. Gooding, EVP Leasing and Services, reported a routine tax-withholding disposition of 805 shares of Common Stock at $34.26 per share. After this withholding transaction, he directly holds 13,450 shares of Trinity Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gooding Aaron J.
Role
EVP Leasing and Services
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 805 | $34.26 | $28K |
Holdings After Transaction:
Common Stock — 13,450 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 805 shares
Withholding price: $34.26 per share
Shares after transaction: 13,450 shares
3 metrics
Tax-withholding shares
805 shares
Common Stock delivered for tax liability
Withholding price
$34.26 per share
Value used for 805-share disposition
Shares after transaction
13,450 shares
Direct Common Stock holdings post-transaction
Key Terms
tax-withholding disposition, Common Stock, transaction code F
3 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code F financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Trinity Industries (TRN) report for Aaron J. Gooding?
Trinity Industries reported that EVP Leasing and Services Aaron J. Gooding had 805 shares of Common Stock withheld to cover tax obligations. The transaction used code F, indicating payment of tax liability by delivering securities rather than an open-market sale.
Was the Trinity Industries (TRN) insider transaction a market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. It is coded F, described as payment of exercise price or tax liability by delivering securities, which is typically a routine administrative event tied to equity compensation vesting.
What are Aaron J. Gooding’s Trinity Industries (TRN) holdings after the reported transaction?
Following the tax-withholding disposition, Aaron J. Gooding directly holds 13,450 shares of Trinity Industries Common Stock. This post-transaction figure provides context for the scale of the 805-share withholding relative to his remaining equity position disclosed in the filing.
What does transaction code F mean in Trinity Industries (TRN) insider filings?
Transaction code F indicates shares were used to pay an exercise price or tax liability related to equity awards. For Trinity Industries, Aaron J. Gooding’s 805-share transaction reflects such a tax-withholding disposition, which is classified as a non-derivative, administrative transaction.