other material
confidence high
sentiment neutral
materiality 0.50
Trinity Capital shareholders approve 5.8M share increase in LTIP, double director plan
Trinity Capital Inc.
- Long-Term Incentive Plan shares increased from 3.6M to 9.4M; rules tightened on share reversion.
- 1-year minimum vesting added for most awards (5% exception and covered transactions allow carve-outs).
- Non-Employee Director Restricted Stock Plan doubled to 120,000 shares from 60,000.
- Directors Kyle Brown and Richard Hamada re-elected; Ernst & Young ratified as auditor.
- All four proposals passed with strong shareholder support (approx. 90%+ of votes cast for each).