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Section 1: SC 13D/A (13DA11)

=============================================================================
                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
                                 SCHEDULE 13D
                Under the Securities and Exchange Act of 1934

                               (Amendment No. 11)

                            Trinity Industries, Inc.
                ------------------------------------------------
                               (Name of Issuer)

                                 Common Stock
                ------------------------------------------------
                        (Title of Class of Securities)

                                  896522109
                ------------------------------------------------
                               (CUSIP Number)

                           Allison Bennington, Esq.
                            Jason Breeding, Esq.
                              ValueAct Capital
                 One Letterman Drive, Building D, Fourth Floor
                          San Francisco, CA  94129
                               (415) 362-3700
                ------------------------------------------------
                 (Name, address and telephone number of Person
                Authorized to Receive Notices and Communications)


                               January 24, 2020
                ------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].

Note:  Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 240.13d-7 for other
parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter 
disclosures provided in a prior cover page.

This information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
=============================================================================

      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 2 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Capital Master Fund, L.P. 
-----------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

-----------------------------------------------------------------------------
4. SOURCE OF FUNDS (See Instructions)*  

   WC*
-----------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION 

   British Virgin Islands
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    PN
-----------------------------------------------------------------------------
*See Item 3
**See Item 2 and 5



      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 3 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   VA Partners I, LLC 
-----------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

-----------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
-----------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    00 (LLC)
-----------------------------------------------------------------------------
*See Item 3
**See Item 2 and 5

      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 4 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Capital Management, L.P. 
-----------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

-----------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
-----------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    PN
-----------------------------------------------------------------------------
*See Item 3
**See Item 2 and 5

      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 5 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Capital Management, LLC 
-----------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

-----------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
-----------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    00 (LLC)
-----------------------------------------------------------------------------
*See Item 3
**See Item 2 and 5

      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 6 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Holdings, L.P. 
---------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

---------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
----------------------------------------------------------------------------- 
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    PN
-----------------------------------------------------------------------------
*See Item 3
**See Items 2 and 5


      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 7 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Holdings II, L.P. 
---------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

---------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
----------------------------------------------------------------------------- 
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                         [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                    7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES           8.  SHARED VOTING POWER
   BENEFICIALLY         25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH      9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    PN
-----------------------------------------------------------------------------
*See Item 3
**See Items 2 and 5




      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 8 of 11
-----------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. INDENTIFICATION NO. OF ABOVE
   PERSON (entities only)

   ValueAct Holdings GP, LLC 
---------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [X]
                                                                      (b) [ ]
-----------------------------------------------------------------------------
3. SEC USE ONLY

-----------------------------------------------------------------------------
4. SOURCE OF FUNDS*

   00*
-----------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
-----------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware
-----------------------------------------------------------------------------
                   7.  SOLE VOTING POWER
                        0
   NUMBER OF       ----------------------------------------------------------
   SHARES          8.  SHARED VOTING POWER
   BENEFICIALLY        25,613,507**
   OWNED BY EACH   ----------------------------------------------------------
   PERSON WITH     9.  SOLE DISPOSITIVE POWER
                        0
                   ----------------------------------------------------------
                   10.  SHARED DISPOSITIVE POWER
                        25,613,507**
-----------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
    25,613,507**
-----------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
    CERTAIN SHARES                                                        [ ]
-----------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    20.9%
-----------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON

    00 (LLC)
-----------------------------------------------------------------------------
*See Item 3
**See Items 2 and 5




      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 9 of 11
-----------------------------------------------------------------------------
     
     This Amendment No. 11 supplements the information set forth in the 
Schedule 13D filed by the Reporting Persons with the United States Securities 
and Exchange Commission (the "SEC"), as amended from time to time (the 
"Schedule 13D"), relating to Common Stock, par value $0.01 (the "Common 
Stock"), of Trinity Industries, Inc., a Delaware corporation (the "Issuer"). 
All capitalized terms contained herein but not otherwise defined shall have 
the meanings ascribed to such terms in the Schedule 13D. 

     The information set forth in response to each separate Item below shall 
be deemed to be a response to all Items where such information is relevant.  
The Schedule 13D is hereby supplementally amended as follows:

Item 3.    Source and Amount of Funds or Other Consideration

     The source of funds used for the purchase of the Issuer's securities was 
the working capital of ValueAct Master Fund. The aggregate purchase price of 
the Common Stock beneficially owned by the ValueAct Master Fund is 
approximately $446,563,360.

Item 5.    Interest in Securities of the Issuer

     The responses to Items 3, 4 and 6 of this Schedule 13D are incorporated 
herein by reference. 

     (a) and (b). Set forth below is the beneficial ownership of shares of 
Common Stock of the Issuer for each person named in Item 2. Shares reported 
as beneficially owned by ValueAct Master Fund are also reported as 
beneficially owned by (i) ValueAct Management L.P. as the manager of each 
such investment partnership, (ii) ValueAct Management LLC, as General 
Partner of ValueAct Management L.P., (iii) ValueAct Holdings, as the majority 
owner of the membership interests of VA Partners I, (iv) ValueAct Holdings 
II, as the sole owner of the limited partnership interests of ValueAct 
Management L.P. and the membership interests of ValueAct Management LLC, and 
(v) ValueAct Holdings GP, as General Partner of ValueAct Holdings and 
ValueAct Holdings II.  Shares reported as beneficially owned by ValueAct 
Master Fund are also reported as beneficially owned by VA Partners I, as 
General Partner of ValueAct Master Fund.  VA Partners I, ValueAct Management 
L.P., ValueAct Management LLC, ValueAct Holdings, ValueAct Holdings II, and 
ValueAct Holdings GP also, directly or indirectly, may own interests in one 
or more than one of the partnerships from time to time.  Unless otherwise 
indicated below, by reason of such relationship ValueAct Master Fund is 
reported as having shared power to vote or to direct the vote, and shared 
power to dispose or direct the disposition of, such shares of Common Stock, 
with VA Partners I (only with respect to ValueAct Master Fund), ValueAct 
Management L.P., ValueAct Management LLC, ValueAct Holdings, ValueAct 
Holdings II, and ValueAct Holdings GP. 
 
       As of the date hereof, the Reporting Persons may be deemed to be the 
beneficial owner of 25,613,507 shares of Common Stock, representing 
approximately 20.9% of the Issuer's outstanding Common Stock. All percentages 
set forth in this Schedule 13D are based upon the Issuer's reported 
122,685,077 outstanding shares of Common Stock as of October 17, 2019 as 
reported in the Issuer's Form 10-Q for the quarterly period ended September 
30, 2019.
      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 10 of 11
-----------------------------------------------------------------------------

     (c) The following table sets forth all transactions with respect to 
shares of Common Stock effected since the date of the previous filing to this 
Schedule 13D by the Reporting Persons, inclusive of any transactions effected 
through 4:00 p.m., New York City time, on January 28, 2020. Except as 
otherwise noted below, all such transactions were purchases of 
shares of Common Stock effected in the open market pursuant to a 10b5-1 plan. 

                                                   Shares   
Reporting Person          Trade Date    Buy/Sell   Bought/Sold    Price/Share
----------------          ----------    --------   ---------      -----------
ValueAct Master Fund      01/13/2020      Buy           546        $21.00 
                          01/14/2020      Buy        32,492        $20.85 
                          01/15/2020      Buy        89,462        $20.67
                          01/16/2020      Buy           142        $20.98
				  01/17/2020      Buy        83,924        $20.93 
                          01/21/2020      Buy	    101,967        $20.37
                          01/22/2020      Buy        92,787        $20.51
                          01/23/2020      Buy       111,076        $20.69
			        01/24/2020      Buy        74,535        $20.75 
                          01/27/2020      Buy        92,834        $20.79 
                          01/28/2020      Buy        43,744        $20.95
                          

       (d) and (e) Not applicable.

    
                                   SIGNATURE
         
     After reasonable inquiry and to the best of his knowledge and 
belief, the undersigned certifies that the information set forth in this 
statement is true, complete and correct.  

                                POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears 
below on this Schedule 13D hereby constitutes and appoints Jeffrey W. Ubben, 
Bradley E. Singer, G. Mason Morfit and Jason B. Breeding, and each of them, 
with full power to act without the other, his or its true and lawful
attorney-in-fact and agent, with full power of substitution and 
resubstitution, for him or it and in his or its name, place and stead, in any 
and all capacities (until revoked in writing) to sign any and all amendments 
to this Schedule 13D, and to file the same, with all exhibits thereto and 
other documents in connection therewith, with the Securities and Exchange 
Commission, granting unto said attorneys-in-fact and agents, and each of 
them, full power and authority to do and perform each and every act and thing
requisite and necessary fully to all intents and purposes as he or it might 
or could do in person, thereby ratifying and confirming all that said
attorneys-in-fact and agents or any of them, or their or his substitute or 
substitutes, may lawfully do or cause to be done by virtue hereof.





      
                                SCHEDULE 13D
--------------------------                          -------------------------
CUSIP NO. 896522109                                             Page 11 of 11
-----------------------------------------------------------------------------

                              ValueAct Capital Master Fund L.P., by 
                              VA Partners I, LLC, its General Partner

                              By:     /s/  Bradley E. Singer  
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer


                              VA Partners I, LLC

                              By:    /s/  Bradley E. Singer    
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer


                              ValueAct Capital Management, L.P., by
                              ValueAct Capital Management, LLC its 
                              General Partner                             

                              By:    /s/  Bradley E. Singer    
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer


                              ValueAct Capital Management, LLC         

                              By:    /s/  Bradley E. Singer    
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer


                              ValueAct Holdings, L.P., by 
                              ValueAct Holdings GP, LLC, its General Partner

                              By:    /s/  Bradley E. Singer
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer

                       
                              ValueAct Holdings II, L.P., by ValueAct
                              Holdings GP, LLC, its General Partner


                              By:     /s/  Bradley E. Singer
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer


                              ValueAct Holdings GP, LLC

                              By:    /s/  Bradley E. Singer    
                                --------------------------------------
Dated:  January 28, 2020          Bradley E. Singer, Chief Operating Officer

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