June 23, 2022 · Form 4 insider transaction
Biesterfeld Robert C Jr bought 49 shares of NYSE/TRN at $23.84 per share, a transaction worth $1.2K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 925 days after the transaction.
Mr. Biesterfeld holds 35 shares of the common stock of Trinity Industries, Inc. (the "Company") through the Robert C. Biesterfeld Jr. Revocable Trust, of which he is the trustee and beneficiary. The trust's investments are actively managed by a third-party investment manager. At the time Mr. Biesterfeld joined the Company's Board of Directors on September 7, 2022, the trust held 49 shares of Company stock, which were inadvertently omitted from the Form 3 filed regarding his initial ownership of Company stock. The third-party investment manager erroneously executed the transactions described above during September 2022 and March 2023 contrary to Mr. Biesterfeld's instructions. Ownership of these shares and the related transactions were recently discovered, leading to this disclosure.