---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-001222"
form_type: "8-K"
ticker: "TRIN"
cik: "0001786108"
company_name: "Trinity Capital Inc."
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:35:55.573147+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Trinity Capital adjusts convertible note conversion rate to 75.9145 shares/$1,000; price to $13.17

## Summary
- Conversion rate increased from 74.6205 to 75.9145 shares per $1,000 principal due to cash dividend.
- Conversion price adjusted from $13.40 to $13.17 per share effective Sept 29, 2023.
- Dividend of $0.54/share ($0.49 regular + $0.05 supplemental) with ex-dividend Sept 28, payable Oct 13.
- Adjustment triggered because dividend exceeded $0.30/share threshold in the indenture.
- Holder and trustee notification to follow per terms of second supplemental indenture.

## SEC filing metadata
- accession: 0001013762-23-001222
- form_type: 8-K
- ticker: TRIN
- cik: 0001786108
- company_name: Trinity Capital Inc.
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786108/000101376223001222/0001013762-23-001222-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786108/000101376223001222/ea162899_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-001222
- JSON: https://secwatch.observer/filing/0001013762-23-001222.json
- Plain text: https://secwatch.observer/filing/0001013762-23-001222.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.