Stock Option Award and Restricted Stock Unit Award Granted as Inducement to Thomas Snyder, New President and Chief Executive Officer of TriMas
TriMas Corporation (TRS)
Last trimas corporation earnings: 4/30 08:00 am
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US:NASDAQ Investor Relations:
ir.trimascorp.com
Company Research
Source: Business Wire
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company’s Board of Directors and Compensation Committee pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the inducement grant was made on June 24, 2025, and consists of: (1) a time-based, premium-priced and non-qualified stock option award to purchase 900,000 shares of the Company’s common stock; and (2) a time-based restricted stock unit award consisting of 152,439 restricted stock units. The stock options and restricted stock units were granted outside of the terms and conditions of the TriMas Corporation 2023 Equity and Incentive Compensation Plan as an inducement to Mr. Snyder’s acceptance of employment with
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News
- TriMas (NASDAQ:TRS) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- TriMas (NASDAQ:TRS) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TRS&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- TriMas (NASDAQ:TRS) had its "buy" rating reaffirmed by analysts at BWS Financial. They now have a $45.00 price target on the stock.MarketBeat
- TriMas Announces New Chief Financial OfficerBusiness Wire
- TriMas (NASDAQ:TRS) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
TRS
Earnings
- 10/28/25 - Beat
TRS
Sec Filings
- 12/16/25 - Form 3
- 12/4/25 - Form 8-K
- 11/14/25 - Form 4
- TRS's page on the SEC website