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TRINITY INDUSTRIES INC

For the period ended Jun 30, 2026. Filed Jul 30, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 30, 2026

TRN$29.85+1.4%Stored close · as of Nov 9, 2026

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Item 1A. Risk Factors

Except as described below, there have been no material changes from the risk factors previously disclosed in Item 1A of our 2025 Annual Report on Form 10-K.

The regulatory environment relating to U.S. tariffs, customs administration, and trade policy has continued to evolve.

Since the filing of our Annual Report on Form 10-K, the regulatory environment relating to U.S. tariffs, customs administration, and trade policy has continued to evolve. We continue to monitor these developments, including governmental actions and interpretations relating to Section 232 of the Trade Expansion Act of 1962 tariffs and other trade measures. These developments may increase uncertainty regarding cross-border operations, customer demand, commercial arrangements, and supply chain planning.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.