March 31, 2024 · Form 4 insider transaction
ECHOLS LELDON E bought 694 shares of NYSE/TRN at $27.85 per share, a transaction worth $19.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The Trinity Phantom Stock Units were accrued under the Trinity Industries, Inc. Deferred Plan for Directors Fees. Stock units are converted at "1 - for - 1" (a rate of one stock unit per one share of Trinity common stock). Settlement of the account will be in cash after the reporting person's retirement.