Not independent
Tenure on this board
7.8 yrs
Also a director at
Parker-hannifin Corp (PH)
Meeting calendar
TRN · Annual meeting · Thursday, May 21, 2026
Trinity Industries Inc
8 nominees · 3 ballot items.
Election of eight directors; advisory (non-binding) approval of named executive officer compensation (say-on-pay); ratification of Ernst & Young LLP as independent auditors; and consideration of any other business properly presented.
Market cap
$2.9B
1Y TSR
+35.8%
Board grade
C+
Record date
Mar 23, 2026
Filing
DEF 14A
Meeting concluded · May 21, 2026
Follow how the vote landed and what changed on Trinity Industries Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of eight nominees to the Board of Directors to hold office until the next annual meeting or their successors.
- 2
Advisory Vote to Approve Named Executive Officer Compensation (Say-on-Pay
ManagementBoard: FORA non-binding, advisory vote to approve the compensation of the named executive officers as disclosed in the proxy statement.
More detail
This management proposal requests an advisory (non-binding) shareholder approval of the named executive officers’ compensation as disclosed in the proxy statement, including the CD&A, compensation tables, and narrative. Management seeks shareholder ratification to confirm support for its executive pay program, which emphasizes pay-for-performance, significant at-risk compensation via annual and long-term incentives, and alignment of executive rewards with stockholder returns through metrics like profit before tax, cash from operations, long-term relative total shareholder return (rTSR), and return on equity (ROE). The Board points to the prior year’s strong shareholder support (98.4% approval in 2025) and argues that the HR Committee uses independent compensation consultants and benchmarking to set competitive pay and that the program includes safeguards such as stock ownership requirements, clawback policies, and no excise tax gross-ups. Because the vote is advisory, the Board will consider the outcome when making future compensation decisions but is not obligated to follow it. The HR Committee frames the compensation program as necessary to attract, motivate, and retain leaders in a cyclical industry while aligning long-term incentives to stockholder interests; the Board recommends a vote FOR on these grounds.
- 3
Ratification of the Appointment of Ernst & Young LLP as Independent Registered Public Accounting Firm for 2026
ManagementBoard: FORRatify the Audit Committee’s appointment of Ernst & Young LLP as the company’s independent auditors for the fiscal year ending December 31, 2026.
Director elections
Nominees on the ballot8
Independent
Tenure on this board
5.4 yrs
Independent
Tenure on this board
3.9 yrs
Independent
Tenure on this board
7.8 yrs
Also a director at
Ryder System Inc (R)
Independent
Tenure on this board
18.9 yrs
Also a director at
Hf Sinclair Corp (DINO)
Independent
Tenure on this board
3.9 yrs
Independent
Tenure on this board
5.8 yrs
Also a director at
Kimberly Clark Corp (KMB)
Independent
Tenure on this board
12.3 yrs
Also a director at
Kimberly Clark Corp (KMB)Main Street Capital Corp (MAIN)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 10.9% | 8,696,649 | $280M |
| 2 | Capital International Investors | 6.9% | 5,517,486 | $177M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 6.7% | 5,304,986 | $171M |
| 4 | DIMENSIONAL FUND ADVISORS LP | 5.8% | 4,594,864 | $148M |
| 5 | STATE STREET CORP | 4.9% | 3,878,373 | $125M |
| 6 | AMERICAN CENTURY COMPANIES INC | 4.5% | 3,606,023 | $116M |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 3,582,991 | $115M |
| 8 | BlackRock, Inc. | 3.3% | 2,644,218 | $85M |
| 9 | JENNISON ASSOCIATES LLC | 2.3% | 1,833,144 | $59M |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 1,661,950 | $53M |
Peers
Nearest market capOther Industrials sector meetings6
Upcoming shareholder meetings at Trinity Industries Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
American Superconductor CorpAMSC
Annual meeting·Jul 31, 2026·$1.6B
Graham CorpGHM
Annual meeting·Aug 25, 2026·$1.3B
Csw Industrials IncCSW
Annual meeting·Aug 27, 2026·$4.9B
Power Solutions International IncPSIX
Annual meeting·Jul 23, 2026·$732M
Park Aerospace CorpPKE
Annual meeting·Jul 21, 2026·$675M
Columbus Mckinnon CorpCMCO
Annual meeting·Aug 14, 2026·$426M
Reference
Frequently asked questions
- When is the Trinity Industries Inc 2026 annual meeting?
- Trinity Industries Inc (TRN) holds its 2026 annual shareholder meeting on Thursday, May 21, 2026.
- What is the record date for the Trinity Industries Inc 2026 meeting?
- The record date for the Trinity Industries Inc 2026 meeting is Monday, March 23, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Trinity Industries Inc's 2026 meeting?
- The board is presenting 8 director nominees at the Trinity Industries Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Trinity Industries Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Trinity Industries Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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