Form 4: Trinity Capital GC, CCO, and Secretary Sarah Stanton Reports Tax Obligation Share Withholding
SEC Form 4 Filing
Sarah Stanton, GC, CCO, and Secretary of Trinity Capital Inc., reports the withholding of 1,162 common stock shares to cover tax obligations related to vesting restricted shares.
Summary
- On June 14, 2024, Sarah Stanton, GC, CCO, and Secretary of Trinity Capital Inc., had 1,162 shares of common stock withheld to satisfy tax obligations related to the vesting of restricted shares.
- The transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
- Following the transaction, Stanton beneficially owns 104,031 shares of Trinity Capital Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine adjustment of share ownership due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Shares withheld to satisfy tax obligations. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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