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• Diluted EPS from continuing operations was $1.25, compared to $0.19 in the prior-year quarter.
• Operating profit was $199.8 million, including a $132 million non-cash pre-tax gain from a railcar partnership transaction with Napier Park.
• Lease fleet utilization was 97.3% at quarter-end, with a Future Lease Rate Differential of +3.5%.
• Full-year 2026 EPS guidance is $2.20 to $2.40, with industry deliveries of approximately 25,000 railcars and net fleet investment of $300 million to $400 million.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• The new unsecured revolving credit facility provides $600.0 million in commitments, with an option to increase by up to $300.0 million.
• The facility matures June 12, 2031, or earlier on April 15, 2028, if the company's 7.750% senior notes due 2028 are not repaid in full.
• No loans were outstanding under the facility as of June 12, 2026; borrowings bear variable interest based on SOFR or base rate plus a margin initially set at 1.50%.
• The agreement replaces the existing Second Amended and Restated Credit Agreement dated July 25, 2022, and includes guarantees from certain domestic subsidiaries.

1.01 Entry into a Material Definitive Agreement · 1.02 Termination of a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• At the May 21, 2026 annual meeting, stockholders elected eight directors for one-year terms, with each nominee receiving a majority of votes cast.
• Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026.
• The company reported broker non-votes of 7,562,131 for each director election and the executive compensation proposal.
• The report was filed under Item 5.07 to disclose the results of the stockholder votes.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Diluted EPS from continuing operations was $0.32, up from $0.29 in the prior year quarter.
• The company raised full-year 2026 EPS guidance to $2.20-$2.40, a 16% increase at the midpoint from the prior range of $1.85-$2.10.
• Lease fleet utilization was 97.3% at quarter-end, and the company delivered 1,970 railcars with a backlog of $1.6 billion.
• Operating cash flow from continuing operations was $99.6 million, with net gains on lease portfolio sales of $22 million.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• The Class A Notes bear interest at 5.35% and the Class B Notes at 5.56%, both payable monthly with a stated final maturity of April 19, 2056.
• The notes are secured by a portfolio of railcars and operating leases owned by TRL-2025, an indirect wholly-owned subsidiary of Trinity Industries, Inc.
• Net proceeds will be used to redeem $377,100,000 of TRL-2019's Series 2019-1 Secured Railcar Equipment Notes and for general corporate purposes.
• The notes were offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.

2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• TILC contributed its 42.56% membership interest in TRIP Holdings and its 0.2% interest in Triumph Holdings to NP SPE.
• In exchange, TILC received an 11.2% limited partnership interest in NP SPE.
• As a result, TILC no longer has any direct ownership in TRIP Holdings or Triumph Holdings, and those entities will be deconsolidated from Trinity's financial statements.
• The Contribution Agreement is filed as Exhibit 10.1 to the 8-K.

1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits

• The agreement provides for the sale of $447.439 million Class A and $33.36 million Class B Series 2026-1 Secured Green Standard Railcar Notes.
• Class A Notes bear fixed interest at 5.35% and Class B Notes at 5.56%, both with a final maturity of April 19, 2056.
• The notes are secured by approximately 15,082 railcars and operating leases, and the transaction is expected to close on or about April 17, 2026.
• The notes will be offered under Rule 144A and Regulation S, and the agreement includes customary representations, warranties, and indemnification provisions.

1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits

• On February 13, 2026, Gregory B. Mitchell, Executive Vice President, Leasing and Services, notified Trinity Industries of his intention to retire, effective October 15, 2026.
• Mr. Mitchell stepped down from his role as Executive Vice President, Leasing and Services effective February 16, 2026.
• The report was filed on February 17, 2026, and signed by Executive Vice President and CFO Eric R. Marchetto.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits