Trinity Capital Management

Management criteria checks 3/4

Trinity Capital's CEO is Kyle Brown, appointed in Aug 2019, has a tenure of 4.67 years. total yearly compensation is $5.53M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 2.27% of the company’s shares, worth €14.93M. The average tenure of the management team and the board of directors is 2.1 years and 4 years respectively.

Key information

Kyle Brown

Chief executive officer

US$5.5m

Total compensation

CEO salary percentage	11.8%
CEO tenure	4.7yrs
CEO ownership	2.3%
Management average tenure	2.1yrs
Board average tenure	4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kyle Brown's remuneration changed compared to Trinity Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$77m
Sep 30 2023	n/a	n/a	US$58m
Jun 30 2023	n/a	n/a	US$29m
Mar 31 2023	n/a	n/a	US$1m
Dec 31 2022	US$6m	US$650k	-US$30m
Sep 30 2022	n/a	n/a	US$26m
Jun 30 2022	n/a	n/a	US$66m
Mar 31 2022	n/a	n/a	US$98m
Dec 31 2021	US$5m	US$564k	US$132m
Sep 30 2021	n/a	n/a	US$87m
Jun 30 2021	n/a	n/a	US$72m
Mar 31 2021	n/a	n/a	US$54m
Dec 31 2020	US$1m	US$527k	-US$6m

Compensation vs Market: Kyle's total compensation ($USD5.53M) is above average for companies of similar size in the German market ($USD1.29M).

Compensation vs Earnings: Kyle's compensation has been consistent with company performance over the past year.

CEO

Kyle Brown (39 yo)

4.7yrs

Tenure

US$5,525,842

Compensation

Mr. Kyle Steven Brown has been President and Chief Investment Officer at Trinity Capital Inc. since August 2019 and has been its Director since September 2019 and serves as its Chief Executive Officer sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Steven Brown	Founder & Executive Chairman	4.7yrs	US$6.03m	2.76% $ 18.2m
Kyle Brown	CEO, President	4.7yrs	US$5.53m	2.27% $ 14.9m
Gerald Harder	Chief Operating Officer	2.1yrs	US$2.26m	0.57% $ 3.8m
Michael Testa	CFO & Treasurer	less than a year	no data	0.15% $ 956.3k
Richard Nelson	Senior Technology Director	2.3yrs	no data	no data
Ben Malcolmson	Head of Investor Relations	less than a year	no data	no data
Sarah Stanton	Chief Compliance Officer	3.8yrs	no data	0.23% $ 1.5m
Vibhor Garg	Managing Director of Marketing	no data	no data	no data
Rachel Bloomer	Human Resources Director	1.3yrs	no data	no data
Ronald Kundich	Chief Credit Officer	2.1yrs	no data	0.42% $ 2.8m
David Lund	Consultant	less than a year	no data	0.23% $ 1.5m
Robert D'Acquisto	Managing Director of Tech Lending	3.6yrs	no data	no data

2.1yrs

Average Tenure

57.5yo

Average Age

Experienced Management: 9F7's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Steven Brown	Founder & Executive Chairman	4.7yrs	US$6.03m	2.76% $ 18.2m
Kyle Brown	CEO, President	4.6yrs	US$5.53m	2.27% $ 14.9m
Richard Hamada	Independent Director	2.3yrs	US$205.54k	0.20% $ 1.3m
Michael Zacharia	Independent Director	3.3yrs	US$171.72k	0.071% $ 464.8k
Ronald Estes	Independent Director	4.6yrs	US$171.72k	0.060% $ 396.3k
Irma Lockridge	Independent Director	2.3yrs	US$215.54k	0.029% $ 189.4k

4.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 9F7's board of directors are considered experienced (4 years average tenure).

Trinity Capital Management

Management criteria checks 3/4

Key information

Recent management updates

Trinity Capital Inc. Appoints Brendan Carr as Director of Tech Lending

Trinity Capital Inc. Announces Chief Financial Officer Changes

Trinity Capital Inc. Appoints Ryan Kaeding as Managing Director, Life Sciences in San Diego, California

Trinity Capital Inc. Announces Management Changes

Trinity Capital Inc. Announces Management Changes

Trinity Capital Inc. Appoints Andrew Ghannam as Managing Director of Tech Lending

Recent updates

Upcoming dividend of US$0.51 per share

Fourth quarter dividend of US$0.51 announced

Trinity Capital Inc. to Report Q1, 2024 Results on May 01, 2024

Trinity Capital Inc. Appoints Brendan Carr as Director of Tech Lending

Trinity Capital Inc. Announces Chief Financial Officer Changes

Trinity Capital Inc. Appoints Ryan Kaeding as Managing Director, Life Sciences in San Diego, California

Showroom Interiors LLC acquired Feather Home Inc. and Fernished, Inc.

Trinity Capital Inc. Declares Cash Dividend for the Quarter Ending September 30, 2023, Payable on October 13, 2023

Trinity Capital Inc. Announces Regular Cash Dividend, Payable on October 13, 2023

Upcoming dividend of US$0.54 per share at 13% yield

Trinity Capital Inc. Announces Management Changes

Trinity Capital Inc. Announces Management Changes

Trinity Capital Inc. has completed a Follow-on Equity Offering in the amount of $75 million.

New minor risk - Shareholder dilution

A group of buyers led by Fall Line Endurance Fund, Lp, managed by Fall Line Capital, LLC completed the acquisition of GreenLight Biosciences Holdings (NasdaqGM:GRNA) from stockholders.

Trinity Capital Inc. Appoints Andrew Ghannam as Managing Director of Tech Lending

Upcoming dividend of US$0.53 per share at 14% yield

Trinity Capital Inc. Declares Cash Dividend for the Quarter Ending June 30, 2023, Payable on July 14, 2023

Upcoming dividend of US$0.47 per share at 14% yield

Trinity Capital Inc. to Report Q3, 2023 Results on Nov 02, 2023

Molekule Group, Inc. (NasdaqCM:MKUL) acquired Molekule, Inc.

Trinity Capital Inc. Declares Cash Dividend for the Quarter Ending December 31, 2022, Payable on January 13, 2023

President recently bought €226k worth of stock

Intelligent Foods acquired Gobble Inc.

Trinity Capital Inc. (NasdaqGS:TRIN) announces an Equity Buyback for $25 million worth of its shares.

High number of new directors

AeroClean Technologies, Inc. (NasdaqCM:AERC) entered into a definitive agreement to acquire Molekule, Inc.

AeroClean Technologies, Inc. (NasdaqCM:AERC) entered into a definitive agreement to acquire Molekule, Inc.

Trinity Capital Inc. Appointment of Lauren Cosentino as Managing Director, Life Sciences in the Research Triangle Park Region of North Carolina

Trinity Capital Inc. Declares Cash Dividend for the Third Quarter of 2022, Payable on October 14, 2022

Trinity Capital Inc. has completed a Follow-on Equity Offering in the amount of $55 million.

Chairman & CEO recently bought €382k worth of stock

Trinity Capital Inc. to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of US$0.57 per share

Trinity Capital Inc. Declares Cash Dividend for the Second Quarter of 2022, Payable on July 15, 2022

Independent Director recently bought €71k worth of stock

President recently bought €118k worth of stock

Trinity Capital Inc. Proposes Special Dividends for the first, second, third and fourth quarters of 2022

Trinity Capital Inc. Announces Executive Changes

Less than half of directors are independent

Trinity Capital Inc. to Report Q1, 2022 Results on May 09, 2022

Trinity Capital Inc. Appoints Rob Lake as Managing Director

Trinity Capital Inc. has completed a Follow-on Equity Offering in the amount of $50.000346 million.

Trinity Capital Inc. has completed a Follow-on Equity Offering in the amount of $50 million.

Trinity Capital Inc. (NasdaqGS:TRIN) and RLG Capital, LLC acquired an 80% stake in Kamaka Air, Inc. from Jim Petrides and John Gravener.

Trinity Capital Inc. to Report Q4, 2021 Results on Mar 03, 2022

Less than half of directors are independent

Upcoming dividend of US$0.33 per share

Chief Legal Officer & Chief Compliance Officer Scott Harvey has left the company

Independent Director recently bought €59k worth of stock

Director recently bought €80k worth of stock

Revenue beats expectations

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age