PART I [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) The company reported significant increases in revenue and operating profit, asset growth, and completed the spin-off of Arcosa, Inc - The company completed the spin-off of Arcosa, Inc. on November 1, 2018, reclassifying its financial results as discontinued operations[22](index=22&type=chunk)[23](index=23&type=chunk) Consolidated Statements of Operations Highlights (in millions, except per share data) | Metric | Q3 2019 | Q3 2018 | 9 Months 2019 | 9 Months 2018 | | :--- | :--- | :--- | :--- | :--- | | **Total Revenues** | $813.6 | $606.9 | $2,154.4 | $1,774.1 | | **Total operating profit** | $120.3 | $75.2 | $319.1 | $225.3 | | **Income from continuing operations** | $48.1 | $28.5 | $116.9 | $81.0 | | **Net income attributable to Trinity** | $49.0 | $27.7 | $116.0 | $132.0 | | **Diluted EPS from continuing operations** | $0.39 | $0.19 | $0.90 | $0.51 | Consolidated Balance Sheet Highlights (in millions) | Metric | Sep 30, 2019 | Dec 31, 2018 | | :--- | :--- | :--- | | **Total assets** | $8,643.1 | $7,989.2 | | **Total liabilities** | $6,183.8 | $5,427.2 | | **Total stockholders' equity** | $2,459.3 | $2,562.0 | Consolidated Statement of Cash Flows Highlights (in millions) | Metric | 9 Months 2019 | 9 Months 2018 | | :--- | :--- | :--- | | **Net cash provided by operating activities** | $164.0 | $319.9 | | **Net cash used in investing activities** | ($723.3) | ($311.0) | | **Net cash provided by (used in) financing activities** | $423.6 | ($416.8) | [Note 1: Summary of Significant Accounting Policies](index=13&type=section&id=Note%201.%20Summary%20of%20Significant%20Accounting%20Policies) This note details the basis of presentation, revenue recognition policies, and the adoption of ASC 842, recognizing new lease assets and liabilities - The company adopted ASC 842 on January 1, 2019, recognizing **$47.0 million** in right-of-use assets and **$48.3 million** in lease liabilities, with a **$13.7 million** cumulative-effect adjustment to retained earnings[45](index=45&type=chunk)[46](index=46&type=chunk) - Unsatisfied performance obligations totaled **$2.45 billion** for Rail Products (products), **$44.9 million** for maintenance services, and **$90.0 million** for Railcar Leasing and Management Services as of September 30, 2019[33](index=33&type=chunk) [Note 2: Discontinued Operations](index=18&type=section&id=Note%202.%20Discontinued%20Operations) This note details the spin-off of Arcosa, Inc. on November 1, 2018, with its historical results reclassified as discontinued operations - The spin-off of Arcosa, Inc. was completed on November 1, 2018, with its historical results reclassified to discontinued operations for all periods presented[49](index=49&type=chunk) Discontinued Operations Financial Summary (in millions) | Metric | Q3 2019 | Q3 2018 | 9 Months 2019 | 9 Months 2018 | | :--- | :--- | :--- | :--- | :--- | | **Revenues** | $— | $334.8 | $— | $966.0 | | **Income (loss) from discontinued operations, net of taxes** | $(0.4) | $(0.2) | $(2.3) | $54.4 | [Note 4: Segment Information](index=21&type=section&id=Note%204.%20Segment%20Information) The company reports results across three segments: Railcar Leasing, Rail Products, and All Other, detailing their respective revenues and operating profits Segment Financials for Nine Months Ended Sep 30, 2019 (in millions) | Segment | External Revenue | Operating Profit (Loss) | | :--- | :--- | :--- | | **Railcar Leasing and Management Services** | $803.3 | $306.3 | | **Rail Products Group** | $1,125.9 | $184.0 | | **All Other** | $225.2 | $16.7 | | **Corporate** | N/A | $(78.1) | Segment Financials for Three Months Ended Sep 30, 2019 (in millions) | Segment | External Revenue | Operating Profit (Loss) | | :--- | :--- | :--- | | **Railcar Leasing and Management Services** | $326.2 | $115.7 | | **Rail Products Group** | $409.0 | $65.4 | | **All Other** | $78.4 | $3.9 | | **Corporate** | N/A | $(23.9) | [Note 8: Debt](index=30&type=section&id=Note%208.%20Debt) Total debt increased to **$4.69 billion** as of September 30, 2019, with new secured note issuances in April and October 2019 contributing to the rise Debt Summary as of Sep 30, 2019 (in millions) | Debt Category | Carrying Value | | :--- | :--- | | **Corporate – Recourse** | $472.7 | | **Leasing – Non-recourse (Wholly-owned)** | $2,923.2 | | **Leasing – Non-recourse (Partially-owned)** | $1,289.3 | | **Total Debt** | **$4,685.2** | - In April 2019, subsidiary TRL-2019 issued **$528.3 million** in Secured Railcar Equipment Notes at a fixed rate of **3.82%**[94](index=94&type=chunk) - In October 2019, TRL-2019 issued an additional **$386.5 million** in Secured Railcar Equipment Notes, with proceeds used to repay other borrowings[96](index=96&type=chunk) [Note 10: Employee Retirement Plans](index=34&type=section&id=Note%2010.%20Employee%20Retirement%20Plans) The Board approved the termination of the Consolidated Pension Plan, effective December 31, 2019, anticipating a pre-tax settlement charge of **$145 million to $195 million** - The Board approved the termination of the Consolidated Pension Plan, effective December 31, 2019[102](index=102&type=chunk) - Upon settlement, the company expects a pre-tax charge between **$145 million** and **$195 million**, including a non-cash charge for actuarial losses and a potential cash contribution up to **$25 million**[103](index=103&type=chunk) [Note 12: Common Stock and Stock-Based Compensation](index=36&type=section&id=Note%2012.%20Common%20Stock%20and%20Stock-Based%20Compensation) The company actively repurchased **10.8 million** shares for **$233.9 million** during the first nine months of 2019, with **$186.1 million** remaining under authorization - A new share repurchase program was authorized in March 2019 for up to **$350.0 million** through December 31, 2020[107](index=107&type=chunk) - During Q3 2019, the company repurchased **5.2 million** shares for **$100.9 million**, totaling **10.8 million** shares for **$233.9 million** in the first nine months of 2019[108](index=108&type=chunk) - As of September 30, 2019, **$186.1 million** remained available for repurchases under the current program[108](index=108&type=chunk) [Note 14: Contingencies](index=38&type=section&id=Note%2014.%20Contingencies) This note details ongoing litigation, including the favorable conclusion of the federal FCA case, pending state-level actions, and a **$7.5 million** shareholder class action settlement - The federal FCA lawsuit related to the ET-Plus® System concluded in the company's favor after the U.S. Supreme Court denied the relator's petition for certiorari in January 2019[116](index=116&type=chunk) - Several state-level qui tam actions filed by the same relator remain pending in Virginia, Tennessee, Massachusetts, New Jersey, and California[117](index=117&type=chunk) - A shareholder class action lawsuit was settled for **$7.5 million**, with the company accruing a **$2.5 million** charge net of insurance recoveries[126](index=126&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=50&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management attributes revenue and operating profit growth to favorable product mix and sales, while noting a slowdown in railcar demand and ongoing restructuring efforts - Demand for railcars slowed in Q3 2019 due to economic uncertainty, impacting lease rates, utilization, and new orders, a trend expected to continue in the near term[164](index=164&type=chunk) - The company anticipates a Q4 restructuring charge of **$10 million to $20 million** from streamlining efforts, expected to generate **$8 million to $10 million** in annualized cost savings[165](index=165&type=chunk) - For full year 2019, the company anticipates a net investment in its lease fleet between **$850 million** and **$950 million**, and manufacturing/corporate capital expenditures between **$110 million** and **$120 million**[215](index=215&type=chunk) [Consolidated Results of Operations](index=54&type=section&id=Consolidated%20Results%20of%20Operations) Consolidated revenues increased **21.4%** to **$2.15 billion** and operating profit rose **41.6%** to **$319.1 million** for the nine months ended September 30, 2019, driven by railcar deliveries and sales Consolidated Results of Operations (in millions) | Metric | 9 Months 2019 | 9 Months 2018 | | :--- | :--- | :--- | | **Revenues** | $2,154.4 | $1,774.1 | | **Operating profit** | $319.1 | $225.3 | | **Income from continuing operations** | $116.9 | $81.0 | - Operating profit increased due to favorable product mix in Rail Products, higher profits from railcar sales in Leasing, and reduced corporate expenses[178](index=178&type=chunk) - Net interest expense increased to **$160.8 million** for the first nine months of 2019 from **$122.9 million** in the prior-year period, driven by higher debt in the Leasing Group[180](index=180&type=chunk) [Segment Discussion](index=58&type=section&id=Segment%20Discussion) Operating profit increased for Railcar Leasing (**20.1%**) and Rail Products (**43.8%**), driven by sales and deliveries, while the All Other segment's profit declined Railcar Leasing and Management Services Group Performance (9 Months Ended Sep 30, in millions) | Metric | 2019 | 2018 | % Change | | :--- | :--- | :--- | :--- | | **Total Revenues** | $803.9 | $615.5 | 30.6% | | **Operating Profit** | $306.3 | $255.1 | 20.1% | - The Leasing Group's fleet utilization was **96.7%** on **102,090** company-owned railcars as of September 30, 2019[192](index=192&type=chunk) Rail Products Group Performance (9 Months Ended Sep 30, in millions) | Metric | 2019 | 2018 | % Change | | :--- | :--- | :--- | :--- | | **Total Revenues** | $2,038.9 | $1,651.9 | 23.4% | | **Operating Profit** | $184.0 | $128.0 | 43.8% | | **Railcar Backlog** | $2,445.7 | $3,200.8 | (23.6)% | [Liquidity and Capital Resources](index=64&type=section&id=Liquidity%20and%20Capital%20Resources) As of September 30, 2019, the company had **$97.6 million** in cash and **$339.5 million** available under its credit facility, with significant debt issuances and share repurchases - In April 2019, a subsidiary issued **$528.3 million** in Secured Railcar Equipment Notes, with an additional **$386.5 million** issued in October 2019[206](index=206&type=chunk) - The company repurchased **$100.9 million** of its common stock in Q3 2019 under a new **$350 million** authorization[207](index=207&type=chunk) - On January 14, 2019, the company purchased **6,779** previously leased railcars for **$218.4 million**, funded by cash and the revolving credit facility[209](index=209&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=66&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company reports no material changes in market risks since December 31, 2018, referring to its 2018 Annual Report and Notes 3 and 8 for further details - There has been no material change in the company's market risks since December 31, 2018[223](index=223&type=chunk) [Controls and Procedures](index=67&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of September 30, 2019, with no material changes to internal controls over financial reporting during the quarter - The Chief Executive and Chief Financial Officers concluded that the company's disclosure controls and procedures were effective as of September 30, 2019[225](index=225&type=chunk) - No changes occurred during the quarter that have materially affected, or are reasonably likely to materially affect, the company's internal controls over financial reporting[226](index=226&type=chunk) PART II OTHER INFORMATION [Legal Proceedings](index=68&type=section&id=Item%201.%20Legal%20Proceedings) This section incorporates by reference legal contingencies from Note 14, including the conclusion of the federal FCA case and status of ongoing state-level litigation - Information regarding legal proceedings is detailed in Note 14 of the Consolidated Financial Statements and is incorporated here by reference[228](index=228&type=chunk) [Risk Factors](index=68&type=section&id=Item%201A.%20Risk%20Factors) The company reports no material changes to the risk factors previously disclosed in its 2018 Annual Report on Form 10-K - There have been no material changes from the risk factors previously disclosed in the 2018 Annual Report on Form 10-K[229](index=229&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=68&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q3 2019, the company repurchased **5,176,370** shares of common stock, with **$186.1 million** remaining available under the repurchase program as of September 30, 2019 Common Stock Repurchases for Q3 2019 | Period | Total Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | July 2019 | 837,069 | $19.12 | | August 2019 | 1,516,505 | $19.29 | | September 2019 | 2,822,796 | $19.75 | | **Total** | **5,176,370** | | - As of September 30, 2019, the company had a remaining authorization to repurchase up to **$186.1 million** of its common stock[231](index=231&type=chunk) [Exhibits](index=69&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including a Note Purchase Agreement, CEO/CFO certifications, and XBRL data files - Exhibits filed include a Note Purchase Agreement dated October 8, 2019, CEO/CFO certifications, and XBRL data files[233](index=233&type=chunk)

[PART I FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%20FINANCIAL%20INFORMATION) This section provides the company's unaudited consolidated financial statements and management's discussion for the reporting period [Financial Statements](index=3&type=section&id=Item%201.%20Financial%20Statements) This section presents Trinity Industries' unaudited consolidated financial statements, including notes on the Arcosa spin-off and ASC 842 adoption [Consolidated Statements of Operations](index=3&type=section&id=Consolidated%20Statements%20of%20Operations) Revenues increased to **$1.34 billion** and operating profit rose to **$198.8 million**, though net income declined due to discontinued operations Consolidated Statements of Operations Highlights (Six Months Ended June 30) | Metric | 2019 (in millions) | 2018 (in millions) | Change (%) | | :--- | :--- | :--- | :--- | | **Revenues** | **$1,340.8** | **$1,167.2** | **+14.9%** | | Manufacturing | $863.7 | $779.7 | +10.8% | | Leasing | $477.1 | $387.5 | +23.1% | | **Total operating profit** | **$198.8** | **$150.1** | **+32.4%** | | Income from continuing operations | $68.8 | $52.5 | +31.0% | | Net income attributable to Trinity | $67.0 | $104.3 | -35.8% | | **Diluted EPS (from continuing operations)** | **$0.52** | **$0.32** | **+62.5%** | | Diluted EPS (Net Income) | $0.51 | $0.68 | -25.0% | [Consolidated Balance Sheets](index=6&type=section&id=Consolidated%20Balance%20Sheets) Total assets increased to **$8.58 billion** and total debt rose to **$4.62 billion**, while stockholders' equity slightly decreased Consolidated Balance Sheet Highlights | Metric | June 30, 2019 (in millions) | Dec 31, 2018 (in millions) | | :--- | :--- | :--- | | Cash and cash equivalents | $102.8 | $179.2 | | Property, plant, and equipment, net | $6,869.6 | $6,334.4 | | **Total Assets** | **$8,575.9** | **$7,989.2** | | Total Debt | $4,615.9 | $4,029.2 | | **Total Liabilities** | **$6,046.3** | **$5,427.2** | | **Total Stockholders' Equity** | **$2,529.6** | **$2,562.0** | [Consolidated Statements of Cash Flows](index=7&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operations significantly decreased to **$2.9 million**, while investing activities used **$611.9 million** and financing provided **$474.7 million** Cash Flow Summary (Six Months Ended June 30) | Activity | 2019 (in millions) | 2018 (in millions) | | :--- | :--- | :--- | | Net cash provided by operating activities | $2.9 | $348.3 | | Net cash used in investing activities | $(611.9) | $(204.4) | | Net cash provided by (used in) financing activities | $474.7 | $(362.8) | | **Net decrease in cash** | **$(134.3)** | **$(218.9)** | [Notes to Consolidated Financial Statements](index=11&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) Key disclosures include the Arcosa spin-off, ASC 842 adoption, segment performance, debt structure, and legal contingency updates - On November 1, 2018, the company completed the spin-off of Arcosa, Inc. Consequently, Arcosa's financial results are presented as discontinued operations for all periods in the report[18](index=18&type=chunk)[19](index=19&type=chunk)[45](index=45&type=chunk) - The company adopted the new lease accounting standard, ASC 842, on January 1, 2019, resulting in the recognition of right-of-use assets of **$47.0 million** and lease liabilities of **$48.3 million** on the balance sheet[40](index=40&type=chunk)[41](index=41&type=chunk)[42](index=42&type=chunk) - The company reports in three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other, with intersegment sales eliminated in consolidation[58](index=58&type=chunk)[59](index=59&type=chunk) - In April 2019, a subsidiary issued **$528.3 million** in Secured Railcar Equipment Notes with a fixed rate of **3.82%**, maturing in 2049, with proceeds used to repay other debt facilities[91](index=91&type=chunk) - The U.S. Supreme Court denied the petition for certiorari in the federal False Claims Act case regarding the ET-Plus® System, ending the action in the company's favor, though some state-level cases remain[109](index=109&type=chunk)[110](index=110&type=chunk)[111](index=111&type=chunk) - The company reached an agreement in principle to settle a shareholder class action lawsuit for **$7.5 million**, without admission of liability, accruing a charge of **$2.5 million** net of insurance in Q2 2019[124](index=124&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=48&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations%20%28MD%26A%29) Management discusses strong H1 2019 performance, highlighting increased revenues and operating profit, strategic capital allocation, and robust liquidity - Following the Arcosa spin-off, Trinity is focused on its integrated TrinityRail® platform, which includes railcar leasing, manufacturing, and maintenance services[148](index=148&type=chunk)[149](index=149&type=chunk)[150](index=150&type=chunk) Key Financial and Operational Highlights (Six Months Ended June 30, 2019) | Metric | Value/Status | Source | | :--- | :--- | :--- | | Revenue Growth (YoY) | **+14.9%** | Consolidated Results | | Operating Profit Growth (YoY) | **+32.4%** | Consolidated Results | | Net Investment in Lease Fleet | **~$591.0 million** | Capital Allocation | | Lease Fleet Utilization | **97.8%** | Operational Data | | Railcar Backlog Value | **$2.9 billion** | Operational Data | | Share Repurchase Authorization | **$287.0 million** remaining | Capital Allocation | - The company anticipates a full-year 2019 net investment in its lease fleet of between **$0.9 billion** and **$1.1 billion**, and manufacturing/corporate capital expenditures between **$120 million** and **$140 million**[207](index=207&type=chunk) [Consolidated Results of Operations Discussion](index=51&type=section&id=Consolidated%20Results%20of%20Operations%20Discussion) Consolidated revenues rose **14.9%** to **$1.34 billion** and operating profit increased **32.4%** to **$198.8 million**, driven by fleet sales and pricing - The increase in revenues for H1 2019 was primarily driven by the Leasing Group, which saw higher sales of railcars from its fleet, and the Rail Products Group, which benefited from favorable pricing, product mix, and growth in maintenance services[167](index=167&type=chunk) - Operating profit growth was driven by higher profits from railcar sales, growth in the lease fleet, and a **13.2%** decrease in Selling, Engineering, and Administrative (SE&A) expenses due to post-spin corporate structure optimization[169](index=169&type=chunk)[171](index=171&type=chunk) [Segment Discussion](index=55&type=section&id=Segment%20Discussion) Leasing Group operating profit rose **17.0%** and Rail Products Group profit grew **18.6%**, with a **$2.9 billion** backlog and reduced corporate costs Railcar Leasing and Management Services Group Performance (Six Months Ended June 30) | Metric | 2019 | 2018 | Change (%) | | :--- | :--- | :--- | :--- | | Total Revenues | $477.5M | $388.0M | +23.1% | | Total Operating Profit | $190.6M | $162.9M | +17.0% | | Company-Owned Railcars | 102,140 | 94,135 | +8.5% | | Fleet Utilization | 97.8% | 97.1% | +0.7 pts | Rail Products Group Performance (Six Months Ended June 30) | Metric | 2019 | 2018 | Change (%) | | :--- | :--- | :--- | :--- | | Total Revenues | $1,315.9M | $1,154.3M | +14.0% | | Operating Profit | $118.6M | $100.0M | +18.6% | | Railcar Backlog (Value) | $2,865.5M | $2,664.3M | +7.6% | | Railcar Backlog (Units) | 23,170 | 24,580 | -5.7% | - The Rail Products Group backlog value increased despite a decrease in units, driven by a **14.1%** higher average selling price due to product mix changes, with approximately **50%** of the backlog expected to be delivered in 2019[191](index=191&type=chunk) [Liquidity and Capital Resources](index=61&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintained strong liquidity with **$102.8 million** cash, engaging in significant railcar purchases, share repurchases, and dividend increases - On January 14, 2019, the company purchased **6,779** railcars that were previously under operating leases for **$218.4 million**, funded by cash and the revolving credit facility[198](index=198&type=chunk)[81](index=81&type=chunk) - A new share repurchase program was authorized in March 2019 for up to **$350.0 million** through December 2020, with **$287.0 million** remaining available as of June 30, 2019[199](index=199&type=chunk)[101](index=101&type=chunk) - The quarterly cash dividend was increased by **31%** to **$0.17** per share in March 2019[200](index=200&type=chunk) - Cash flow from operations decreased significantly to **$2.9 million** in H1 2019 from **$219.8 million** in H1 2018, primarily due to a build-up of work-in-progress inventory and an increase in accounts receivable[201](index=201&type=chunk)[203](index=203&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=49&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes to market risks, including interest rate, commodity price, and foreign currency risks, have occurred since year-end 2018 - There has been no material change in the company's market risks since December 31, 2018[213](index=213&type=chunk) [Controls and Procedures](index=49&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls and procedures were effective, with no material changes to internal controls over financial reporting - The Chief Executive and Chief Financial Officers concluded that the company's disclosure controls and procedures were effective as of June 30, 2019[214](index=214&type=chunk) - No changes in internal controls over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, these controls[215](index=215&type=chunk) [PART II OTHER INFORMATION](index=50&type=section&id=PART%20II%20OTHER%20INFORMATION) This section provides additional information including legal proceedings, risk factors, and equity security sales [Legal Proceedings](index=50&type=section&id=Item%201.%20Legal%20Proceedings) Legal matters, detailed in Note 14, include the favorable conclusion of the federal FCA lawsuit and a shareholder class action settlement - The information regarding legal proceedings is detailed in Note 14 of the Consolidated Financial Statements[217](index=217&type=chunk) [Risk Factors](index=50&type=section&id=Item%201A.%20Risk%20Factors) No material changes have occurred to the risk factors previously disclosed in the 2018 Annual Report on Form 10-K - No material changes have occurred to the risk factors disclosed in the 2018 Annual Report on Form 10-K[218](index=218&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=50&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company repurchased **2,133,116** shares for **$44.0 million** in Q2 2019, with **$287.0 million** remaining authorized for future repurchases Share Repurchases (Quarter Ended June 30, 2019) | Period | Total Shares Purchased | Average Price Paid per Share | Shares Purchased as Part of Program | | :--- | :--- | :--- | :--- | | April 2019 | 1,246 | $22.13 | — | | May 2019 | 1,483,946 | $21.16 | 1,133,653 | | June 2019 | 1,000,453 | $20.01 | 999,463 | | **Total Q2** | **2,485,645** | **N/A** | **2,133,116** | - As of June 30, 2019, the company had a remaining authorization to repurchase up to **$287.0 million** of its common stock under the program effective through December 31, 2020[220](index=220&type=chunk) [Exhibits](index=51&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with the Form 10-Q, including financing agreements, compensation plans, and CEO/CFO certifications - Exhibits filed include certifications by the CEO and CFO (31.1, 31.2, 32.1, 32.2), agreements related to the TRL-2019 financing (10.2 series), and forms of employee stock agreements (10.4, 10.5)[223](index=223&type=chunk)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Delaware 75-0225040 (I.R.S. Employer Identification No.) (State or Other Jurisdiction of Incorporation or Organization) 2525 N. Stemmo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-6903 (Exact name of registrant as specified in its charter) Delaware 75-0225040 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identific ...