Brown Steve Louis 4

What Happened
Executive Chairman and Director Steve Louis Brown acquired a total of 2,103 shares of Trinity Capital (TRIN) in two purchases on March 9, 2026. He bought 1,585 shares at $14.82 each ($23,490) and 518 shares at $14.82 each ($7,677), for a combined cost of $31,167. The form lists the transactions as purchases (code P), which are generally viewed as a more informative/“bullish” signal than sales, though no motive should be assumed.

Key Details

• Transaction dates and prices: Mar 9, 2026 — 1,585 shares @ $14.82; Mar 9, 2026 — 518 shares @ $14.82.
• Total shares acquired: 2,103; total cash spent: $31,167.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 states Mr. Brown transferred shares he directly owned into The Steven and Patricia Brown Family Trust (dated March 19, 1998).
• Filing/authorization: Form 4 filed Mar 11, 2026; Sarah Stanton signed on behalf of Mr. Brown under a power of attorney dated June 2, 2021. The filing date (Mar 11) appears to fall within the typical two-business-day Form 4 reporting window.

Context: This filing documents open-market purchases (code P). Purchases by executives are often of interest to retail investors because they represent insider buying, but filings do not explain the buyer’s motivation. The trust-transfer footnote relates to ownership reporting and does not change that these were purchases reported on the Form 4.