Form 4: Trinity Capital COO Reports Routine Share Disposition for Tax Obligations

Trinity Capital Inc.'s Chief Operating Officer, Gerald Harder, reported a disposition of 4,578 shares of common stock on June 13, 2025, to cover tax obligations related to restricted stock vesting.

Summary

• Gerald Harder, Chief Operating Officer of Trinity Capital Inc. (TRIN), reported a change in beneficial ownership via an SEC Form 4 filing.
• On June 13, 2025, Mr. Harder disposed of 4,578 shares of Trinity Capital Inc. common stock at a price of $14.45 per share.
• This transaction was identified with transaction code 'F', indicating shares were withheld to satisfy the reporting person's tax obligations in connection with the vesting of restricted shares.
• The transaction is exempt from Section 16(b) pursuant to Rule 16b-3.
• Following this transaction, Mr. Harder directly beneficially owns 300,703 shares of common stock, which includes shares acquired through Trinity Capital Inc.'s distribution reinvestment plan.
• Additionally, Mr. Harder indirectly beneficially owns 10,000 shares through the Harder Family Living Trust, dated May 26, 2000.
• He also indirectly beneficially owns 9,788 shares through Millennium Trust Co. LLC Custodian FBO Gerald T. Harder IRA.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction (shares withheld for tax obligations upon vesting) and does not indicate a positive or negative discretionary action by the insider.

Future Outlook

This document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider's change in beneficial ownership, specifically a non-discretionary disposition for tax purposes. Such transactions are common across all industries when restricted stock units or similar equity awards vest, and do not typically reflect a change in the company's strategic direction or financial health.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related share disposition by an executive, not a discretionary sale indicating a change in confidence.

Key Dates

Keywords

Trinity Capital Inc., TRIN, SEC Form 4, Insider Transaction, Beneficial Ownership, Stock Vesting, Tax Withholding, Gerald Harder, Chief Operating Officer