Trend International Files SC 13D for TriMas Corp
Ticker: TRS · Form: SC 13D · Filed: Oct 15, 2024 · CIK: 842633
| Field | Detail |
|---|---|
| Company | Trimas Corp (TRS) |
| Form Type | SC 13D |
| Filed Date | Oct 15, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.01, $106,008,428.77 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, activist-filing, sec-filing
Related Tickers: TRS
TL;DR
**Trend International Holding AG just filed a 13D on TriMas Corp (TRS). Big move incoming?**
AI Summary
Trend International Holding AG filed a Schedule 13D on October 15, 2024, reporting beneficial ownership of TriMas Corporation. The filing indicates a change in ownership or control, requiring disclosure under the Securities Exchange Act of 1934. Specific details on the percentage of shares owned and the nature of the beneficial ownership are expected within the full filing.
Why It Matters
This filing signals a significant stake or potential change in control for TriMas Corporation, which could impact its stock price and strategic direction.
Risk Assessment
Risk Level: medium — A Schedule 13D filing often indicates an activist investor or a significant change in ownership, which can lead to increased volatility and strategic shifts for the company.
Key Players & Entities
- Trend International Holding AG (company) — Filing entity
- TriMas Corporation (company) — Subject company
- October 15, 2024 (date) — Filing date
- October 7, 2024 (date) — Date of event requiring filing
FAQ
What is the exact percentage of TriMas Corporation shares beneficially owned by Trend International Holding AG?
The provided text does not specify the exact percentage of shares owned by Trend International Holding AG, but it is a Schedule 13D filing, indicating a significant stake.
When did Trend International Holding AG acquire the shares that triggered this Schedule 13D filing?
The filing states 'October 7, 2024' as the 'Date of Event Which Requires Filing of This Statement', suggesting this is when the acquisition or change in beneficial ownership occurred.
What is the business address of TriMas Corporation?
The business address of TriMas Corporation is 38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI 48304.
Who is authorized to receive notices and communications for Trend International Holding AG regarding this filing?
Trend International Holding AG, located at Wiesenstrasse 9, 8008 Zürich, Switzerland, is listed as the entity authorized to receive notices and communications.
What is the CUSIP number for TriMas Corporation's common stock?
The CUSIP number for TriMas Corporation's common stock is 896215209.
Filing Stats: 2,253 words · 9 min read · ~8 pages · Grade level 12.6 · Accepted 2024-10-15 21:31:01
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
- $106,008,428.77 — the Reporting Persons is approximately $106,008,428.77 USD, excluding brokerage commissions. T
Filing Documents
- p24-2960sc13d.htm (SC 13D) — 70KB
- p24-2960exhibit99.htm (EX-99.1) — 3KB
- 0000902664-24-005842.txt ( ) — 75KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete, and correct. DATE: October 15, 2024 TREND INTERNATIONAL HOLDING AG By: /s/ Shawn Sedaghat Name:Shawn Sedaghat Title:Chairman of the Board /s/ Shawn Sedaghat SHAWN SEDAGHAT CUSIP No. 896215209 Schedule 13D Page 8 of 9 Pages SCHEDULE 1 Directors and Executive Officers of Trend International Holding AG The following sets forth the name, position, address, principal occupation and citizenship or jurisdiction of organization of each executive officer or director of Trend (the " Instruction C Persons "). To the best of the Reporting Persons' knowledge, (i) none of the Instruction C Persons during the last five years has been convicted in a criminal proceeding (excluding traffic violations or other similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws and (ii) none of the Instruction C Persons owns any shares of Common Stock or is party to any contract or agreement as would require disclosure in this Schedule 13D, except as otherwise disclosed herein. Name Title or Relationship with Trend Principal Occupation or Employment Citizenship or Jurisdiction of Organization Principal Place of Business Shawn Sedaghat Chairman of the Board Private Investor United States of America Switzerland CUSIP No. 896215209 Schedule 13D Page 9 of 9 Pages SCHEDULE 2 Transactions in the Shares of Common Stock of the Issuer by the Reporting Persons During the Past Sixty (60) Days The following table sets forth all transactions in the shares of Common