TRINITY INDUSTRIES INC — Director's Dealing 2025

Jan 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TRINITY INDUSTRIES INC (NYSE/TRN)
CIK: 0000099780
Period of Report: 2022-06-23

Reporting Person: Biesterfeld Robert C Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-23	Common Stock	P	49	$23.84	Acquired	49	Indirect
2022-09-30	Common Stock	S	38	$21.35	Disposed	11	Indirect
2023-03-17	Common Stock	P	24	$22.06	Acquired	35	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-12-31	Trinity Phantom Stock Units	$0	A	776	Acquired		Common Stock (776)	Direct

Footnotes

F1: 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.

F2: 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.