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EdgarHawk

Zacharia Michael

Director

Director
2 filings analyzed · 1 company · Latest 2024-12-12

Companies

Company Buys Sells Direction
Trinity Capital Inc. TRIN 4 0 Net buying

Activity

December 2024
2024-12-12 Trinity Capital Inc. TRIN
high
Buy
5,560 shares
$79,744
Significance 7/10

Director Zacharia Michael bought 5,560 shares at blended $14.34 on 2024-12-10, raising stake 33.6%.

Zacharia Michael, a director at Trinity Capital, executed 2 separate purchases totaling 5,560 shares for $79,743.77 at an average price of $14.34, expanding his holdings from 16,542 to 22,102 shares—a 33.6% increase in his position. The transaction occurred when the stock trades at $14.36, very near the execution prices, and within 6.8% of its 52-week high of $15.40, indicating the purchase came at a relatively elevated valuation point. His prior purchases at TRIN (2 trades on 2024-11-04) posted 30-day gains of 9.5% and 9.6%, and his cross-ticker track record shows an average 30-day return of +9.5% on 2 prior buys, though timing outcomes at the 90-day mark remain unmeasured for the same ticker. The P/E ratio of 9.70 and substantial net income of $24,400,000.00 suggest the company is not distressed, providing context that the insider's accumulation follows recent price appreciation rather than a recovery from depressed levels.

November 2024
2024-11-06 Trinity Capital Inc. TRIN
high
Buy
790 shares
$10,385
Significance 6/10

Trinity Capital director Zacharia Michael bought 790 shares ($10.4K) on 2024-11-04 at $13.15 avg; cluster buy by 3 other insiders in 14 days.

Director Zacharia Michael purchased 790 shares across 2 separate transactions totaling $10,385.14 at blended average price $13.15. The stock is trading at $13.67, slightly above the purchase price, and sits near the low end of its 52-week range ($13.11–$15.40), -11.2% from its 52-week high. More notably, this purchase is part of a cluster pattern: 3 other insiders also bought within the past 14 days. Concurrent buying by multiple directors suggests coordinated recognition of valuation, though the company's strong fundamentals (P/E of 9.24, net income of $24,400,000.00) are already embedded in the low multiple. The filing itself provides no explanation for timing or motivation.

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