Trinity Capital Inc. Announces Corporate Governance Changes
Ticker: TRINI · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1786108
| Field | Detail |
|---|---|
| Company | Trinity Capital Inc. (TRINI) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-appointment, director-election
Related Tickers: TRIN
TL;DR
Trinity Capital Inc. filed an 8-K detailing director elections and officer appointments on June 12, 2024.
AI Summary
Trinity Capital Inc. announced on June 12, 2024, the appointment of new officers and the election of directors. The company also reported on matters submitted to a vote of security holders and filed financial statements and exhibits. This filing details changes in corporate governance and operational updates.
Why It Matters
Changes in directors and officers can signal shifts in company strategy or leadership, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure of governance changes and does not indicate immediate financial distress or significant operational risk.
Key Players & Entities
- Trinity Capital Inc. (company) — Registrant
- June 12, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of Incorporation
- Phoenix, Arizona (location) — Principal Executive Offices
FAQ
What specific officer positions were affected by the appointments?
The filing indicates the appointment of certain officers but does not specify the exact positions in the provided text.
Who are the newly elected directors?
The filing states the election of directors but does not list their names in the provided text.
What matters were submitted to a vote of security holders?
The filing mentions that matters were submitted to a vote of security holders, but the specific proposals are not detailed in this excerpt.
What financial statements and exhibits were filed?
The filing indicates the submission of financial statements and exhibits, but their content is not described in this excerpt.
What is the exact date of the report?
The date of the report, which is the date of the earliest event reported, is June 12, 2024.
Filing Stats: 1,220 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-06-14 16:00:10
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share TRIN Nasdaq Global Select
Filing Documents
- trin-20240612.htm (8-K) — 92KB
- trin-ex10_1.htm (EX-10.1) — 13KB
- trin-ex10_2.htm (EX-10.2) — 9KB
- 0000950170-24-073608.txt ( ) — 277KB
- trin-20240612.xsd (EX-101.SCH) — 49KB
- trin-20240612_htm.xml (XML) — 8KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. At the Annual Meeting, held on June 12, 2024, the Company submitted four matters to the vote of its stockholders, each of which is described in detail in the Company's Proxy Statement. As of the close of business on April 15, 2024, the record date for the Annual Meeting, there were 49,153,339 shares of the Company's common stock outstanding and entitled to vote at the Annual Meeting. A summary of the matters voted upon by the Company's stockholders at the Annual Meeting is set forth below. Proposal 1: Election of Directors The Company's stockholders re-elected two directors to the Board of Directors to serve until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. The following votes were taken in connection with this proposal: Name For Against Abstain Broker Non-Votes Kyle Brown 15,263,590 3,649,563 190,096 16,933,308 Richard P. Hamada 14,930,383 3,949,234 223,632 16,933,308 Proposal 2: Approve an amendment to the 2019 Long-Term Incentive Plan The Company's stockholders approved a proposal to amend the 2019 Trinity Capital Inc. Long-Term Incentive Plan. The following vote was taken in connection with this proposal: For Against Abstain Broker Non-Votes 17,257,041 1,383,754 462,454 16,933,308 Proposal 3: Approve an amendment to the 2019 Non-Employee Director Restricted Stock Plan The Company's stockholders approved a proposal to amend the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan. The following vote was taken in connection with this proposal: For Against Abstain Broker Non-Votes 17,616,022 966,391 520,836 16,933,308 Proposal 4: Ratify the selection of Ernst & Young LLP The Company's stockholders approved the ratification of the selection of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for the fis
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1* Amendment No.1 to the 2019 Trinity Capital Inc. Long-Term Incentive Plan. 10.2* Amendment No. 1 to the Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Management contract or compensatory plan or arrangement.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Trinity Capital Inc. Date: June 14, 2024 By: /s/ Kyle Brown Kyle Brown Chief Executive Officer