Original filing text · Part I

Item 3 — Quantitative and Qualitative Disclosures About Market Risk

Trinity Industries Inc · 10-Q · Q2 FY2026 · Period ended Jun 30, 2026

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There has been no material change in our market risks since December 31, 2025 as set forth in Item 7A of our 2025 Annual Report on Form 10-K. Refer to Note 3 and Note 7 of the Consolidated Financial Statements for a discussion of the impact of hedging activity and debt-related activity, respectively, for the three and six months ended June 30, 2026.