Issued 2026-09-16 at $65.61 · now $65.61 (2026-09-16, +0.0% since)
Based on its own history, a month from the 2026-09-16 close, TRNO has typically landed between $58.91 and $73.25 — a range of −10.2% to +11.7% from the issuance price $65.61.
- Actual close
- Typical path (median)
- Middle 50% of outcomes
- 90% range
4,154 overlapping 1 month windows · 2010-02-10 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).
The cone is anchored at the 2026-09-16 issuance close ($65.61) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.
Where TRNO has typically landed a month from the 2026-09-16 close of $65.61 — the range is history, not a prediction.
- now $65.61 (+0.0%)
- typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $66.02 (+0.6%)
- middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $62.87–$69.17
- 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $58.91–$73.25
| Start | Return | Max drop | Max rise |
|---|---|---|---|
| 3 worst | |||
| 2020-02-13 | −29.6% | −29.6% | +1.5% |
| 2020-02-20 | −28.7% | −30.4% | +0.4% |
| 2020-02-21 | −26.7% | −30.6% | +0.0% |
| 3 best | |||
| 2011-11-23 | +37.6% | −0.1% | +37.6% |
| 2011-11-25 | +36.4% | +0.0% | +37.8% |
| 2011-11-22 | +29.9% | −5.1% | +29.9% |
4,154 overlapping windows · 2010-02-10 – 2026-09-16 · not cherry-picked
Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.
iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~17 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.Up-frequency and average month-over-month return · historical frequency, not a prediction
Reported insider & political trades
Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.
| Date | Person | Role | Action | Shares @ price | Value | Ownership Δ | vs S&P 1m | vs S&P 6m | Owned after | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-11 | Meyer John Tull | officer | Sale | 4,447 @ $68.64 | $305K | −3.3% of holding | −3.1% | not yet — horizon still open | 131,825 | Form 4 · filed same day |
| 2026-08-10 | Cannon Jaime Jackson | officer | Sale | 3,602 @ $68.26 | $246K | −3.0% of holding | −3.2% | not yet — horizon still open | 114,787 | Form 4 · filed same day |
| 2026-08-07 | COKE MICHAEL A | director | Sale | 8,000 @ $68.38 | $547K | −1.8% of holding | −3.0% | not yet — horizon still open | 425,381 | Form 4 · filed 3 days after the trade |
| 2026-02-09 | Cannon Jaime Jackson | officer | Sale | 7,000 @ $65.99 | $462K | −6.0% of holding | −2.4% | −6.5% | 110,038 | Form 4 · filed 1 day after the trade |
| 2025-11-07 | Meyer John Tull | officer | Sale | 4,758 @ $59.95 | $285K | −3.8% of holding | −1.3% | −0.7% | 119,949 | Form 4 · filed same day |
| 2025-08-14 | COKE MICHAEL A | director | Sale | 10,000 @ $53.96 | $540K | −2.4% of holding | +5.2% | +18.0% | 412,415 | Form 4 · filed same day |
| 2025-02-11 | POLK DENNIS | director | Sale | 9,703 @ $67.20 | $652K | −17.2% of holding | +6.2% | −24.3% | 46,634 | Form 4 · filed 2 days after the trade |
The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.
35 award / exercise / gift records — not counted as purchases
Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.
| Date | Person | Role | Action | Shares | Owned after | Filing |
|---|---|---|---|---|---|---|
| 2026-08-04 | Meyer John Tull | officer | Award / grant | 12,081 | 136,272 | Form 4 |
| 2026-08-04 | BAIRD W BLAKE | director | Award / grant | 28,426 | 695,997 | Form 4 |
| 2026-08-04 | COKE MICHAEL A | director | Award / grant | 28,426 | 433,381 | Form 4 |
| 2026-08-04 | Cannon Jaime Jackson | officer | Award / grant | 12,081 | 118,389 | Form 4 |
| 2026-08-03 | COKE MICHAEL A | director | Withheld for tax | 7,460 | 404,955 | Form 4 |
| 2026-08-03 | BAIRD W BLAKE | director | Withheld for tax | 5,769 | 667,571 | Form 4 |
| 2026-08-03 | Cannon Jaime Jackson | officer | Withheld for tax | 3,730 | 106,308 | Form 4 |
| 2026-08-03 | Meyer John Tull | officer | Withheld for tax | 2,885 | 124,191 | Form 4 |
| 2026-05-05 | Boston Gary N | director | Award / grant | 2,462 | 10,703 | Form 4 |
| 2026-05-05 | CARLSON LEROY E | director | Award / grant | 2,462 | 42,449 | Form 4 |
| 2026-05-05 | DONAHUE PAUL JOSEPH | director | Award / grant | 2,462 | 2,462 | Form 4 |
| 2026-05-05 | Oh Irene H | director | Award / grant | 2,462 | 9,658 | Form 4 |
| 2026-05-05 | PASQUALE DOUGLAS M | director | Award / grant | 2,462 | 115,176 | Form 4 |
| 2026-05-05 | VON MUEHLEN CONSTANCE E | director | Award / grant | 2,462 | 5,301 | Form 4 |
| 2026-01-07 | BAIRD W BLAKE | director | Award / grant | 29,890 | 204,830 | Form 4 |
| 2026-01-07 | Cannon Jaime Jackson | officer | Award / grant | 5,757 | 117,038 | Form 4 |
| 2026-01-07 | Meyer John Tull | officer | Award / grant | 7,127 | 127,076 | Form 4 |
| 2026-01-07 | COKE MICHAEL A | director | Award / grant | 29,890 | 204,830 | Form 4 |
| 2025-08-05 | Cannon Jaime Jackson | officer | Award / grant | 13,519 | 111,281 | Form 4 |
| 2025-08-05 | Meyer John Tull | officer | Award / grant | 13,519 | 124,707 | Form 4 |
| 2025-08-05 | BAIRD W BLAKE | director | Award / grant | 28,840 | 673,340 | Form 4 |
| 2025-08-05 | COKE MICHAEL A | director | Award / grant | 28,840 | 422,415 | Form 4 |
| 2025-08-01 | COKE MICHAEL A | director | Withheld for tax | 8,589 | 393,575 | Form 4 |
| 2025-08-01 | BAIRD W BLAKE | director | Withheld for tax | 6,469 | 644,500 | Form 4 |
| 2025-08-01 | Cannon Jaime Jackson | officer | Withheld for tax | 4,165 | 97,762 | Form 4 |
| 2025-08-01 | Meyer John Tull | officer | Withheld for tax | 3,223 | 111,188 | Form 4 |
| 2025-05-06 | CARLSON LEROY E | director | Award / grant | 2,839 | 39,987 | Form 4 |
| 2025-05-06 | VON MUEHLEN CONSTANCE E | director | Award / grant | 2,839 | 2,839 | Form 4 |
| 2025-05-06 | Boston Gary N | director | Award / grant | 2,839 | 8,241 | Form 4 |
| 2025-05-06 | Oh Irene H | director | Award / grant | 2,839 | 7,196 | Form 4 |
| 2025-05-06 | PASQUALE DOUGLAS M | director | Award / grant | 2,839 | 112,714 | Form 4 |
| 2025-01-08 | BAIRD W BLAKE | director | Award / grant | 14,493 | 174,940 | Form 4 |
| 2025-01-08 | Cannon Jaime Jackson | officer | Award / grant | 5,888 | 73,202 | Form 4 |
| 2025-01-08 | Meyer John Tull | officer | Award / grant | 5,888 | 73,202 | Form 4 |
| 2025-01-08 | COKE MICHAEL A | director | Award / grant | 14,493 | 174,940 | Form 4 |
Source: SEC Form 4 filings. Each row links to its original filing.
Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.
Congressional disclosures
No congressional trades disclosed for this company.
Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.