---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-027323"
form_type: "8-K"
ticker: "TRIN"
cik: "0001786108"
company_name: "Trinity Capital Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:23:15.897616+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Trinity Capital adjusts conversion rate on 6.00% Notes due 2025 to 78.0543 shares/$1,000

## Summary
- Conversion rate of 6.00% Convertible Notes due 2025 adjusted to 78.0543 shares per $1,000 principal (from 76.9453) due to $0.51/share dividend.
- New conversion price is $12.81/share, down from $13.00/share, effective after March 28, 2024 close.
- Dividend of $0.51/share payable April 15, 2024 to holders of record March 28, 2024; ex-dividend date March 27, 2024.
- Adjustment triggered because quarterly dividend ($0.51) exceeded the initial threshold of $0.30 per share in the second supplemental indenture.

## SEC filing metadata
- accession: 0001213900-24-027323
- form_type: 8-K
- ticker: TRIN
- cik: 0001786108
- company_name: Trinity Capital Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786108/000121390024027323/0001213900-24-027323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786108/000121390024027323/ea0202784-01_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-027323
- JSON: https://secwatch.observer/filing/0001213900-24-027323.json
- Plain text: https://secwatch.observer/filing/0001213900-24-027323.txt

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