YONG SIEW WAI 4

What Happened

• Yong Siew Wai, listed as a 10% owner of Trio‑Tech International (TRT), exercised derivative securities on 2026-01-27. The filing shows 80,111 shares were acquired at an exercise price of $2.64 per share for a cash outlay of $211,493. Separately, 8,011 shares were reported as disposed at $0.00 (derivative). The transactions result in a net increase of 72,100 shares (80,111 acquired less 8,011 surrendered).

Key Details

• Transaction date: 2026-01-27; Form 4 filed: 2026-01-29 (timely filing).
• Acquired: 80,111 shares via exercise at $2.64/share = $211,493.
• Disposed: 8,011 shares reported at $0.00 (derivative disposition).
• Shares owned after transaction: Not specified in the provided filing summary.
• Transaction code: M (exercise/conversion of derivative). Disposed shares at $0.00 commonly reflect withholding/surrender related to the exercise (e.g., tax withholding or payment), as reported on the Form 4.
• Insider status: 10% owner (a large shareholder filing, not necessarily an executive).

Context

• This was an option exercise (derivative conversion). The 8,011 shares shown as disposed at $0.00 typically indicate shares were surrendered or withheld to cover taxes or exercise costs rather than a market sale; the filing does not show an open‑market sale.
• For retail investors: option exercises increase insider ownership when most shares are retained; 10% owner transactions reflect significant holder activity but are not the same as executive trading decisions.