Form 4: Trinity Capital COO Sells Shares for Tax Obligations
Insider Transaction Report
Trinity Capital Inc.'s Chief Operating Officer, Gerald Harder, disposed of 4,578 shares of common stock to cover tax liabilities related to restricted stock vesting.
Summary
- Gerald Harder, Chief Operating Officer of Trinity Capital Inc. (TRIN), reported a transaction involving the company's common stock.
- On December 15, 2025, Mr. Harder disposed of 4,578 shares of common stock at a price of $15.12 per share.
- This disposal was specifically to satisfy tax obligations in connection with the vesting of restricted shares.
- The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Following this transaction, Mr. Harder directly beneficially owns 291,546 shares of common stock.
- He also indirectly owns 10,000 shares through the Harder Family Living Trust, dated May 26, 2000, and 9,788 shares through Millennium Trust Co. LLC Custodian FBO Gerald T. Harder IRA.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary insider transaction (shares withheld for tax obligations) which is neutral in sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically a tax-related sale of shares. Such transactions are common across all industries when restricted stock units or other equity awards vest, and do not typically reflect a change in management's outlook on the company or broader industry trends.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes, not indicative of a change in confidence by the COO.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2021-09-02 | Date of power of attorney filed with the SEC for Sarah Stanton to sign on behalf of Mr. Harder. |
| 2025-12-15 | Date of transaction where shares were withheld for tax obligations related to restricted share vesting. |
| 2025-12-17 | Date the Form 4 was signed and filed. |
Keywords
Trinity Capital Inc., TRIN, Gerald Harder, Chief Operating Officer, Insider Transaction, Form 4, Stock Sale, Tax Obligations, Restricted Stock, Rule 10b5-1
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.