TRINITY INDUSTRIES INC — fact timeline

TRINITY INDUSTRIES INC amended Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A., Truist Bank, and Wells Fargo Bank, N.A., as co-syndication agents, and Regions Bank and PNC Bank, National Association, as co-documentation agents valued at $600.0 million (effective 2026-06-12).

“On June 12, 2026, Trinity Industries, Inc., a Delaware corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement (the “Credit Agreement”), by and among the Company, as borrower, the lenders party thereto (the “Lenders”), JPMorgan Chase Bank, N. A., as administrative agent, Bank of America, N.A., Truist Bank, and Wells Fargo Bank, N.A., as co-syndication agents, and Regions Bank and PNC Bank, National Association, as co-documentation agents.”

TRINITY INDUSTRIES INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-05-21 meeting.

“Proposal 3 – Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, by the following vote: For Against Abstain 72,013,493 1,280,041 93,689”

TRINITY INDUSTRIES INC shareholders approved Advisory Vote to Approve Named Executive Officer Compensation at the 2026-05-21 meeting.

“Proposal 2 – Advisory Vote to Approve Named Executive Officer Compensation The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the proxy statement dated April 9, 2026, including the Compensation Discussion and Analysis, the compensation tables, and the narrative discussion related thereto, by the following vote: For Against Abstain Broker Non-Votes 63,091,993 1,030,171 1,702,928 7,562,131”

TRINITY INDUSTRIES INC shareholders approved Election of eight directors for a one-year term at the 2026-05-21 meeting.

“Proposal 1 – Election of Directors The stockholders elected eight directors for a one-year term, as follows: Nominee For Against Abstain Broker Non-Votes William P. Ainsworth 63,741,310 486,373 1,597,409 7,562,131 Robert C. Biesterfeld Jr. 63,960,722 267,636 1,596,734 7,562,131 John J. Diez 63,506,668 721,718 1,596,706 7,562,131 Leldon E. Echols 62,930,723 1,298,213 1,596,156 7,562,131 Veena M. Lakkundi 65,403,602 357,428 64,062 7,562,131 S. Todd Maclin 64,054,109 173,459 1,597,524 7,562,131 E. Jean Savage 65,303,403 423,942 97,747 7,562,131 Dunia A. Shive 64,389,016 1,362,863 73,213 7,562,131”

TRINITY INDUSTRIES INC reported FY2026 results: EPS $2.20 to $2.40. Guidance raised.

“Raises full year EPS guidance to a range of $2.20 to $2.40, up 16% at the midpoint from previous range of $1.85 to $2.10”

TRINITY INDUSTRIES INC incurred senior notes of $447,439,000 of Series 2026-1 Class A Secured Green Standard Railcar Notes and $33,360,000 of Series 2026-1 Class B Secu with Trinity Rail Leasing 2025 LLC at Class A fixed rate of 5.35%; Class B fixed rate of 5.56% maturing April 19, 2056 stated final maturity (anticipated to be repaid well in advance).

“On April 17, 2026, Trinity Rail Leasing 2025 LLC, a Delaware limited liability company (“TRL-2025”) and a limited purpose, indirect, wholly-owned subsidiary of Trinity Industries, Inc. (the “Company”), owned by the Company through the Company's direct, wholly-owned subsidiary Trinity Industries Leasing Company (“TILC”), issued (i) an aggregate principal amount of $447,439,000 of TRL-2025’s Series 2026-1 Class A Secured Green Standard Railcar Notes (the “Class A Notes”) and (ii) an aggregate principal amount of $33,360,000 of TRL-2025’s Series 2026-1 Class B Secured Green Standard Railcar Notes (the “Class B Notes” and together with the Class A Notes, the “Notes”).”

TRINITY INDUSTRIES INC entered into Contribution Agreement with TRIP Rail Holdings LLC, Triumph Rail Holdings LLC, NP SPE Holdings LP, Napier Park Rail Evergreen Fund GP LLC (effective 2026-04-09).

“On April 9, 2026, Trinity Industries Leasing Company (“TILC”), a wholly-owned direct subsidiary of Trinity Industries, Inc. (“Trinity” or the “Company”), entered into a Contribution Agreement (the “Contribution Agreement”) with TRIP Rail Holdings LLC (“TRIP Holdings”), Triumph Rail Holdings LLC (“Triumph Holdings”), NP SPE Holdings LP (“NP SPE”), and Napier Park Rail Evergreen Fund GP LLC.”

TRINITY INDUSTRIES INC entered into Note Purchase Agreement with ATLAS SP Securities, a division of Apollo Global Securities, LLC, BofA Securities, Inc., Credit Agricole Securities (USA) Inc., Wells Fargo Securities LLC, PNC Capital Markets LLC, Regions Securities LLC, and Piper Sandler & Co. valued at $447,439,000 of Class A Notes and $33,360,000 of Class B Notes (effective 2026-04-01).

“On April 1, 2026, Trinity Industries Leasing Company (“TILC”) and Trinity Rail Leasing 2025 LLC (“TRL-2025”), both subsidiaries of Trinity Industries, Inc. (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with ATLAS SP Securities, a division of Apollo Global Securities, LLC, BofA Securities, Inc., Credit Agricole Securities (USA) Inc., Wells Fargo Securities LLC, PNC Capital Markets LLC, Regions Securities LLC, and Piper Sandler & Co. (the “Initial Purchasers”).”

TRINITY INDUSTRIES INC entered into Sale and Exchange Agreement with Napier Park Railcar Lease Fund LLC valued at approximately $190 million (effective 2025-12-30).

“On December 30, 2025, Trinity Industries Leasing Company (“TILC”), a wholly-owned direct subsidiary of Trinity Industries, Inc. (“Trinity” or the “Company”), entered into a Sale and Exchange Agreement (the “Exchange Agreement”) with Napier Park Railcar Lease Fund LLC (“Napier Park”).”

TRINITY INDUSTRIES INC updated its the first quarter ended March 31, 2024 guidance (raised).

“Trinity Industries, Inc. ("Trinity") hereby furnishes the information set forth in its News Release, dated May 1, 2024, announcing operating results for the three month period ended March 31, 2024, a copy of which is furnished as Exhibit 99.1 and incorporated herein by reference.”

Christina N. Maldonado was appointed as Vice President and Chief Accounting Officer at TRINITY INDUSTRIES INC.

“Christina N. Maldonado, 41, has been appointed Vice President and Chief Accounting Officer of the Company.”

Steven L. McDowell changed role as Vice President and Chief Audit Executive at TRINITY INDUSTRIES INC.

“On March 29, 2024, Steven L. McDowell, Vice President and Chief Accounting Officer for Trinity Industries, Inc. (the “Company” or “Trinity”), transitioned from his current position to the position of Vice President and Chief Audit Executive for the Company.”

TRINITY INDUSTRIES INC incurred credit facility of approximate initial principal amount of $660,000,000 with Atlas Securitized Products Administration, L.P. at one-month term SOFR, plus a facility margin of 1.75% per annum maturing March 15, 2028.

“On the same date, TRLWT completed the initial funding of an approximately $660,000,000 loan under the Loan Agreement.”

TRINITY INDUSTRIES INC entered into Loan Agreement with Atlas Securitized Products Administration, L.P., as agent, U.S. Bank Trust Company, National Association, as collateral agent and depositary, and the banks and other lending institutions from time to time party thereto valued at approximately $660,000,000 (effective 2024-03-15).

“On March 15, 2024, Trinity Industries Leasing Company, a Delaware corporation (“TILC”) and wholly-owned subsidiary of Trinity Industries, Inc. (the “Company”), and Trinity Rail Leasing Warehouse Trust, a Delaware statutory trust (“TRLWT”) in which TILC is the sole beneficiary, entered into a Warehouse Loan Agreement dated as of March 15, 2024 (the “Loan Agreement”) among the banks and other lending institutions from time to time party thereto, Atlas Securitized Products Administration, L.P., as agent (the “Agent”), and U.S. Bank Trust Company, National Association, not in its individual capacity, but solely in its capacity as collateral agent and depositary.”

TRINITY INDUSTRIES INC updated its the three month period ended September 30, 2023 guidance (lowered).

“The conference call, News Release, and Supplemental Materials, described below, included references to Adjusted Operating Results and Adjusted Earnings Per Share, Pre-Tax Return on Equity, Adjusted Free Cash Flow, EBITDA and Adjusted EBITDA, which are not calculations based on generally accepted accounting principles (“GAAP”).”

TRINITY INDUSTRIES INC: Reduced the authorized number of directors from nine to eight (effective 2023-09-06).

“On September 6, 2023, the Board of Directors (the “Board”) of Trinity Industries, Inc. (the “Company”) amended Section 1 of Article III of the Company’s Bylaws to reduce the number of directors constituting the Board from nine (9) to eight (8), effective immediately.”

Sarah R. Teachout resigned as Executive Vice President and Chief Legal Officer at TRINITY INDUSTRIES INC.

“On August 21, 2023, Sarah R. Teachout, Executive Vice President and Chief Legal Officer for Trinity Industries, Inc. (the “Company”), notified Trinity of her intention to resign from employment with the Company to pursue another employment opportunity outside the Company, effective September 8, 2023.”

TRINITY INDUSTRIES INC reported the three month period ended June 30, 2023 results: revenue $722.4 million, net income $19.3 million, EPS $0.23. Guidance reaffirmed.

“Inc. (NYSE:TRN) today announced earnings results for the second quarter ended June 30, 2023. Financial and Operational Highlights • Quarterly total company revenues of $722 million; 73% improvement year over year • Quarterly income from continuing operations per common diluted share ("EPS") of $0.23; 64% improvement year over year • Lease fleet utilization”

TRINITY INDUSTRIES INC incurred senior notes of $400.0 million with BofA Securities, Inc. and Truist Bank at 7.750% per annum maturing July 15, 2028.

“the Company issued $400.0 million aggregate principal amount of its 7.750% Senior Notes due 2028”

TRINITY INDUSTRIES INC entered into Indenture with Truist Bank valued at $400.0 million (effective 2023-06-30).

“On June 30, 2023 (the “Closing Date”), Trinity Industries, Inc. (the “Company” or “we”) entered into an indenture (the “Indenture”), by and among the Company, certain subsidiaries of the Company named as guarantors therein (the “Guarantors”) and Truist Bank, as trustee, pursuant to which the Company issued $400.0 million aggregate principal amount of its 7.750% Senior Notes due 2028”

TRINITY INDUSTRIES INC incurred term loan of $340,000,000 with Wells Fargo Bank, National Association, as Administrative Agent at Daily Simple SOFR plus 0.10% SOFR Adjustment plus 1.80% Applicable Facility Marg maturing June 12, 2028.

“On June 12, 2023, Trinity Rail Leasing 2023 LLC, a Delaware limited liability company (“TRL-2023”), and a limited purpose, wholly-owned, indirect subsidiary of Trinity Industries, Inc. (the “Company”), owned by the Company through the Company’s direct, wholly-owned subsidiary Trinity Industries Leasing Company (“TILC”), entered into a Term Loan Agreement dated as of June 12, 2023 (the “Loan Agreement”) among the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent, and U.S. Bank Trust Company, National Association, not in its individual capacity, but solely in its capacity as Collateral Agent and Depositary. On the same date, TRL-2023 completed the funding of a $340,000,000 term loan under the Loan Agreement.”

TRINITY INDUSTRIES INC entered into Loan Agreement with the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent, and U.S. Bank Trust Company, National Association, not in its individual capacity, but solely in its capacity as Collateral Agent and Depositary valued at $340,000,000 (effective 2023-06-12).

“On June 12, 2023, Trinity Rail Leasing 2023 LLC, a Delaware limited liability company (“TRL-2023”), and a limited purpose, wholly-owned, indirect subsidiary of Trinity Industries, Inc. (the “Company”), owned by the Company through the Company’s direct, wholly-owned subsidiary Trinity Industries Leasing Company (“TILC”), entered into a Term Loan Agreement dated as of June 12, 2023 (the “Loan Agreement”) among the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent, and U.S. Bank Trust Company, National Association, not in its individual capacity, but solely in its capacity as Collateral Agent and Depositary.”

TRINITY INDUSTRIES INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-12-31 meeting.

“Proposal 5 – Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, by the following vote: For Against Abstentions 74,294,293 1,083,554 64,755”

TRINITY INDUSTRIES INC shareholders approved Advisory Vote on the Frequency of Future Votes to Approve Named Executive Officer Compensation.

“Proposal 4 – Advisory Vote on the Frequency of Future Votes to Approve Named Executive Officer Compensation The stockholders approved, on an advisory basis, future votes to approve named executive officer compensation on an annual basis by the following vote: One Year Two Years Three Years Abstentions Broker Non-Votes 61,390,051 146,133 6,143,111 123,877 7,639,430”

TRINITY INDUSTRIES INC shareholders approved Advisory Vote to Approve Named Executive Officer Compensation.

“Proposal 3 – Advisory Vote to Approve Named Executive Officer Compensation The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the proxy statement dated March 28, 2023, including the Compensation Discussion and Analysis, the compensation tables, and the narrative discussion related thereto, by the following vote: For Against Abstentions Broker Non-Votes 65,407,638 2,210,971 184,563 7,639,430”

TRINITY INDUSTRIES INC shareholders approved Approval of the Amended Plan.

“Proposal 2 – Approval of the Amended Plan The stockholders approved the Amended Plan by the following vote: For Against Abstentions Broker Non-Votes 65,675,961 1,959,862 167,349 7,639,430”

TRINITY INDUSTRIES INC shareholders approved Election of Directors.

“Proposal 1 – Election of Directors The stockholders elected eight (8) directors for a one-year term, as follows: Nominee For Against Abstentions Broker Non-Votes William P. Ainsworth 67,487,326 247,757 68,089 7,639,430 Robert C. Biesterfeld Jr. 67,578,222 154,920 70,030 7,639,430 John J. Diez 67,224,834 503,471 74,867 7,639,430 Leldon E. Echols 65,493,085 2,230,712 79,375 7,639,430 Veena M. Lakkundi 67,428,782 301,341 73,049 7,639,430 S. Todd Maclin 67,517,807 212,711 72,654 7,639,430 E. Jean Savage 67,468,811 247,154 87,207 7,639,430 Dunia A. Shive 67,183,206 552,399 67,567 7,639,430”

TRINITY INDUSTRIES INC reported the first quarter ended March 31, 2023 results: revenue $642 million, net income $7.5, EPS $0.09. Guidance reaffirmed.

“Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the first quarter ended March 31, 2023. Financial and Operational Highlights • Quarterly total company revenues of $642 million; 36% improvement year over year • Quarterly income from continuing operations per common diluted share ("EPS") of $0.09 and quarterly adjusted EPS of $0.07”

TRINITY INDUSTRIES INC: The Bylaws were amended to record votes cast against directors as votes cast in director elections, removing the reference to votes to withhold authority (effective 2023-03-06).

“On March 6, 2023, the Company’s Board of Directors amended the last clause of the first paragraph of Article II, Section 7 of the Company’s Bylaws to provide that votes cast against directors are recorded as votes cast in an election of directors.”

TRINITY INDUSTRIES INC amended Amendment No. 2 to Second Amended and Restated Credit Agreement with JP Morgan Chase Bank, N.A., as administrative agent, and the other parties thereto valued at $600 million (effective 2023-03-06).

“On March 6, 2023, Trinity Industries, Inc., a Delaware corporation (the “Company”), JP Morgan Chase Bank, N.A., as administrative agent, and the other parties thereto, entered into an Amendment No. 2 to Second Amended and Restated Credit Agreement (the “Second Amendment”), relating to the Second Amended and Restated Credit Agreement dated as of July 25, 2022, as amended by that certain Amendment No. 1 to Credit Agreement, dated as of December 22, 2022 (the “Credit Agreement”).”

TRINITY INDUSTRIES INC reported the three and twelve month periods ended December 31, 2022 results: revenue $591.2 million, net income Net income from continuing operations attributable to Trinity Industries, Inc. $37.9 million, EPS $0.46. Guidance initiated.

“earnings results for the fourth quarter and year end ended December 31, 2022. Financial and Operational Highlights – Fourth Quarter • Quarterly total company revenues of $591 million • Quarterly income from continuing operations per common diluted share ("EPS") of $0.46 and quarterly adjusted EPS of $0.44 • Lease fleet utilization of 97.9% and Future Lease”

Veena M. Lakkundi was elected as director at TRINITY INDUSTRIES INC.

“On September 7, 2022, the Board of Directors (the “Board”) of Trinity Industries, Inc. (the "Company") elected Robert C. Biesterfeld Jr. and Veena M. Lakkundi as members of the Board, effective immediately.”

Robert C. Biesterfeld Jr. was elected as director at TRINITY INDUSTRIES INC.

“On September 7, 2022, the Board of Directors (the “Board”) of Trinity Industries, Inc. (the "Company") elected Robert C. Biesterfeld Jr. and Veena M. Lakkundi as members of the Board, effective immediately.”

Brian D. Madison changed role as Executive Vice President, Services Operations at TRINITY INDUSTRIES INC.

“In connection with this organizational realignment, the employment of Brian D. Madison, the Company's Executive Vice President, Services Operations, will end following a transition period.”

Kevin Poet was appointed as Executive Vice President, Operations and Support at TRINITY INDUSTRIES INC.

“Mr. Poet will retain oversight responsibility for his current functions and will be appointed Executive Vice President, Operations and Support.”

Neil J. West resigned as Executive Vice President, Production Operations at TRINITY INDUSTRIES INC.

“On October 4, 2021, Neil J. West, Executive Vice President, Production Operations for Trinity Industries, Inc. (the “Company”), informed the Company of his intention to resign from employment with the Company following a transition period.”

Jason G. Anderson was elected as Director at TRINITY INDUSTRIES INC.

“On September 8, 2021, the Board elected Jason G. Anderson as a member of the Board, effective immediately.”

Brandon B. Boze resigned as Director at TRINITY INDUSTRIES INC.

“On September 7, 2021, Brandon B. Boze informed Trinity Industries, Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”) effective on September 8, 2021.”