Insider Trading March 16, 2026

Trinity Capital Executive Chairman Increases Stake with $399,857 Purchase; Concurrent Share Withholding for Taxes

Steve Louis Brown adds 27,109 shares while also transferring shares to cover tax obligations; company posts Q4 2025 beats and commits $50M to UK proptech Dwelly

By Leila Farooq TRIN
Trinity Capital Executive Chairman Increases Stake with $399,857 Purchase; Concurrent Share Withholding for Taxes
TRIN

Trinity Capital Inc.'s Executive Chairman, Steve Louis Brown, recently bought 27,109 shares at $14.75 each for $399,857, according to a Form 4 filing. The purchase on March 12, 2026, occurred alongside a March 13, 2026, disposal of 31,101 shares withheld to satisfy taxes related to restricted share vesting. The firm reported Q4 2025 results that exceeded analyst expectations and announced a $50 million growth capital commitment to Dwelly.

Key Points

  • Executive Chairman Steve Louis Brown bought 27,109 Trinity Capital shares at $14.75 on March 12, 2026, for $399,857 and indirectly holds 940,745 shares via a family trust.
  • On March 13, 2026, Mr. Brown had 31,101 shares withheld and disposed of at $14.42 to satisfy tax obligations tied to restricted share vesting; his direct holdings are 376,307 shares after the transaction.
  • Trinity Capital reported Q4 2025 EPS of $0.52 and revenue of $83.24 million, both exceeding expectations, and committed $50 million in growth capital to London-based proptech Dwelly.

Steve Louis Brown, Executive Chairman of Trinity Capital Inc (NASDAQ:TRIN), completed an insider purchase and a related disposal in mid-March 2026, filings show. On March 12, 2026, Mr. Brown acquired 27,109 shares of common stock at $14.75 per share, for a total consideration of $399,857. The purchase is detailed in a Form 4 filing with the Securities and Exchange Commission.

The filing indicates that these acquired shares were recorded on March 12, 2026. Following this acquisition, Mr. Brown holds an indirect stake of 940,745 shares through The Steven and Patricia Brown Family Trust.

One day later, on March 13, 2026, Mr. Brown disposed of 31,101 shares at an average price of $14.42, generating $448,476 in proceeds. The sale was executed to withhold shares necessary to satisfy tax obligations connected to the vesting of restricted shares. After that transaction, Mr. Brown’s direct ownership stands at 376,307 shares.

Market metrics cited alongside the filings show Trinity Capital’s stock trading at $14.18, a market capitalization of $1.18 billion and a price-to-earnings ratio of 7.26. Additional investor information notes that the company currently pays a significant dividend, with InvestingPro Tips reporting a yield of 14.39% and indicating there are 4 additional ProTips and expanded analysis available on the platform.

Beyond the insider activity, Trinity Capital released fourth-quarter 2025 financial results that outperformed Wall Street estimates. The company posted earnings per share of $0.52, narrowly above the $0.5178 projection, and reported revenue of $83.24 million versus an anticipated $79.99 million. These results reflect a beat on both the earnings and revenue lines for the quarter.

In a separate strategic move, Trinity Capital announced a $50 million growth capital commitment to Dwelly, a London-based property technology company. The investment aims to support Dwelly’s platform, which leverages automated tools for independent lettings agencies in the United Kingdom.

The sequence of transactions - a purchase followed by a tax-related withholding sale - and the company’s recent operating results and investment activity together outline Trinity Capital’s latest corporate and insider developments as disclosed in regulatory filings and company statements.

Risks

  • A portion of insider share movement involved withholding to meet tax obligations related to vesting of restricted shares - this affects the executive’s direct share count and may influence short-term liquidity of insider holdings.
  • The article references a high dividend yield of 14.39% as reported by InvestingPro Tips; high-yield payouts can reflect distribution policies that investors may need to evaluate in the context of company fundamentals and capital allocation.
  • Information in the coverage is limited to regulatory filings and company disclosures; no additional context or forward-looking commentary is provided, leaving uncertainty about future insider activity or strategic outcomes from the Dwelly investment.

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