Trend International Holding AG has been buying TRS.

1. The buy: Trend International Holding AG, a 10%+ owner, bought 483,109 shares of TRS on 21-22 May 2025 — $12,338,706 at $25.54 a share.
2. The entry above is not that price. A Form 4 discloses what they paid on their own trade date, which was before anyone else could see it. Ours is the opening price on the first session after this became public.
3. Filed: 23 May 2025.

Risk: this is an INSTITUTION, not an executive. A fund or trust with a board seat or a 10% stake is building a position, and it may be averaging in, hedged elsewhere, or acting on a mandate that has nothing to do with a view on the next quarter. That is a different signal from a chief executive buying their own stock, which is why it posts here rather than under Big Insider Buys. An automated tracker of public SEC filings, not a recommendation.