Form 4: Director Todd Maclin Reports Trinity Industries Phantom Stock Unit Transaction
SEC Form 4 Filing
Director Todd Maclin reports the acquisition and disposal of Trinity Industries phantom stock units under the Deferred Plan for Directors Fees.
Summary
- On March 31, 2025, Todd Maclin, a director of Trinity Industries Inc., engaged in a transaction involving Trinity Phantom Stock Units.
- Maclin acquired 1,167 Trinity Phantom Stock Units.
- Maclin also disposed of 1,167 phantom stock units at a price of $28.06.
- Following the reported transactions, Maclin beneficially owns 20,755 derivative securities.
- These units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees and will be settled in cash after Maclin's retirement.
- The reporting person has a direct ownership form.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
Settlement of the account will be in cash after the reporting person's retirement.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, common in publicly traded companies.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and holdings.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of the transaction involving Trinity Phantom Stock Units. |
| 04/02/2025 | Date of the report filing. |
Keywords
Form 4, Trinity Industries, Director, Todd Maclin, Phantom Stock Units, Deferred Plan, Beneficial Ownership, Transaction
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