LIM HWEE POH 4
Research Summary
AI-generated summary
Trio-Tech (TRT) Sr. VP/COO Lim Hwee Poh Exercises Options
What Happened
Lim Hwee Poh, Senior Corporate Vice President and COO (Testing) of Trio-Tech International (TRT), exercised multiple stock option/derivative awards on April 29, 2026. She acquired a total of 59,802 common shares by exercising option lots at various exercise prices, paying an aggregate of $160,161. The filing shows corresponding dispositions of the derivative instruments (the options) at $0.00—i.e., the options were surrendered/converted as part of the exercise. No open-market sale of the acquired shares is reported in the filing.
Key Details
- Transaction date: 2026-04-29; Form 4 filed 2026-04-30 (appears timely).
- Exercise (code M) line items acquired:
- 3,000 shares @ $3.88 = $11,640
- 8,000 shares @ $2.59 = $20,720
- 15,010 shares @ $2.44 = $36,624
- 18,776 shares @ $2.51 = $47,128
- 10,016 shares @ $3.09 = $30,949
- 5,000 shares @ $2.62 = $13,100
- Total acquired: 59,802 shares for $160,161
- Corresponding derivative dispositions: same share counts shown as disposed at $0.00 (these reflect the options/derivatives converted or extinguished on exercise).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax withholding, or late-filing flag noted in the supplied details.
Context
This was an option exercise (derivative conversion) rather than an open-market purchase or sale. The filing shows she paid cash to exercise the options; there are no reported immediate sales of the newly acquired shares in this filing. Exercises are routine for executives and represent acquisition of stock, which some investors view as a more informative (bullish) action than routine sales, but the filing itself does not state any motivation.