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Industrials & Aerospace

Trinity Industries Executive Compensation (FY25)

TRN · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
E. Jean Savage
Latest say-on-pay support
=
May 21, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 1, 2026Latest filing (8-K): May 21, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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291 figures on this page: 280 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — E. Jean Savage: $7,162,779 → $7,480,164 (4.4% higher)
Say-on-pay support: 98.4% → 95.8% (2.6 points lower)
CEO pay ratio: 357:1 → 220:1 (38.4% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Trinity Industries' chief executive and what were they paid?
E. Jean Savage, Chief Executive Officer and President, received $7,480,164 in total compensation for fiscal 2025. Savage's total moved 4.4% higher from the $7,162,779 reported for fiscal 2024.
What was Trinity Industries' say-on-pay result?
The say-on-pay proposal drew 95.8% of votes cast including abstentions in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Trinity Industries' peer group?
Companies named in the disclosed peer group include AAR Corporation, Air Lease Corporation, Allison Transmission Holdings, Inc., Astec Industries, Inc. and FreightCar America, Inc, among others.
What is Trinity Industries' chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 220:1, against median employee compensation of $33,931.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
E. Jean Savage
Chief Executive Officer and President
◇—◇—◇◇◇◇
Eric Marchetto
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Sarah Teachout
Executive Vice President and Chief Legal Officer
◇—◇—◇◇◇◇
Gregory Mitchell
Executive Vice President and Chief Commercial Officer
◇—◇—◇—◇◇
Kevin Poet
Executive Vice President, Operations and Support Services
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
E. Jean Savage
Chief Executive Officer and President
◇—◇—◇◇◇◇
Eric Marchetto
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Kevin Poet
Executive Vice President, Operations and Support Services
◇—◇—◇—◇◇
Gregory Mitchell
Former Executive Vice President, Leasing and Services
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
E. Jean Savage
Chief Executive Officer and President
◇—◇—◇◇◇◇
Eric Marchetto
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Gregory Mitchell
Executive Vice President, Leasing and Services
◇—◇—◇—◇◇
Kevin Poet
Executive Vice President, Operations and Support Services
◇—◇—◇—◇◇
Scott Ewing
Executive Vice President and Chief Legal Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
E. Jean Savage
Chief Executive Officer and President
◇—◇—◇◇◇◇
Eric Marchetto
Executive Vice President and Chief Financial Officer
◇—◇—◇◇◇◇
Gregory Mitchell
Former Executive Vice President, Leasing and Services
Departed during or after this year
◇—◇—◇—◇◇
Kevin Poet
Executive Vice President, Operations and Support Services
◇—◇—◇—◇◇
Scott Ewing
Executive Vice President and Chief Legal Officer
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
E. Jean SavagePSU◇◇◇—◇—◇
E. Jean SavageRSU◇——◇——◇
E. Jean SavagePSU◇◇◇—◇—◇
Eric R. MarchettoPSU◇◇◇—◇—◇
Eric R. MarchettoPSU◇◇◇—◇—◇
Eric R. MarchettoRSU◇——◇——◇
Gregory B. MitchellPSU◇◇◇—◇—◇
Gregory B. MitchellPSU◇◇◇—◇—◇
Gregory B. MitchellRSU◇——◇——◇
Kevin PoetPSU◇◇◇—◇—◇
Kevin PoetPSU◇◇◇—◇—◇
Kevin PoetRSU◇——◇——◇
Scott M. EwingRSU◇——◇——◇
Scott M. EwingPSU◇◇◇—◇—◇
Scott M. EwingPSU◇◇◇—◇—◇
Fiscal 2022 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
E. Jean SavagePSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Eric MarchettoRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Gregory MitchellRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Kevin PoetPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Scott EwingPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Leldon E. Echols
Board chair
◇◇———◇◇
S. Todd Maclin
◇◇———◇◇
William P. Ainsworth
◇◇———◇◇
Dunia A. Shive
◇◇———◇◇
John J. Diez
◇◇————◇
Robert C. Biesterfeld Jr
◇◇———◇◇
Veena M. Lakkundi
◇◇————◇
E. Jean Savage served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.
Stock ownership guideline: The named executive officers and the directors are all in compliance with the Company’s stock ownership requirements or are within the time period allowed to achieve compliance.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AAR Corporation AIR
  • Air Lease Corporation AL
  • Allison Transmission Holdings, Inc. ALSN
  • Astec Industries, Inc. ASTE
  • FreightCar America, Inc RAIL
  • GATX Corporation GATX
  • H&E Equipment Services, Inc HEES
  • Herc Holdings Inc. HRI
  • Oshkosh Corporation OSK
  • Ryder System, Inc. R
  • Spirit AeroSystems Holdings, Inc. SPR
  • Terex Corporation TEX
  • The Greenbrier Companies, Inc. GBX
  • The Manitowoc Company, Inc. MTW
  • United Rentals, Inc. URI
  • VSE Corporation VSE
  • Wabash National Corporation WNC
  • Westinghouse Air Brake Technologies Corporation WAB
  • Willis Lease Finance Corporation WLFC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 20, 2024=◇◇◇
2022May 8, 2023=◇◇◇
2021May 9, 2022=◇◇◇
2020May 3, 2021=◇◇◇
2019May 4, 2020=◇◇◇
2018May 6, 2019=◇◇◇
2017May 7, 2018=◇◇◇
2016May 1, 2017=◇◇◇
2015May 2, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- E. Jean Savage (Chief Executive Officer and President), FY2025 total compensation $7,480,164 (base salary $1,000,000) [exec_comp, SEC accession 0000099780-26-000024, filed 2026-04-09]

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What this page does not include

Everything above is a fact Trinity Industries disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Trinity Industries sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
291 figures on this page: 280 cited to the filing that reported them, 11 calculated from figures it prints.
280 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000099780-26-000057
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000099780-26-000024
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Year-End · and 1 more section
  3. 0000099780-25-000044
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000099780-25-000030
    Summary Compensation Table
  5. 0000099780-24-000105
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000099780-23-000078
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000099780-23-000030
    Summary Compensation Table
  8. 0000099780-22-000081
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000099780-21-000057
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000099780-20-000071
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000099780-19-000056
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000099780-18-000095
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000099780-17-000066
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000099780-16-000202
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Trinity Industries executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TRN (accessed 2026).
Short form: data: Velarion

The Trinity Industries brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Industrials & Aerospace rankings

Chief executive pay — Industrials & AerospaceCEO pay ratio — Industrials & AerospaceSay-on-pay support — Industrials & Aerospace

Peers Trinity Industries discloses

The companies named in TRN's own disclosed peer group.

AAR CorporationAir Lease CorporationAllison Transmission Holdings, Inc.Astec Industries, Inc.FreightCar America, IncGATX CorporationH&E Equipment Services, IncHerc Holdings Inc.Oshkosh CorporationRyder System, Inc.Spirit AeroSystems Holdings, Inc.Terex CorporationThe Greenbrier Companies, Inc.The Manitowoc Company, Inc.United Rentals, Inc.Wabash National CorporationWestinghouse Air Brake Technologies CorporationWillis Lease Finance Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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