HOROWITZ RICHARD M 4
4 · TRIO-TECH INTERNATIONAL · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
TRIO-TECH (TRT) 10% Owner Richard Horowitz Sells 67,500 Shares
What Happened
Richard M. Horowitz, a reported 10% owner of TRIO-TECH INTERNATIONAL (TRT), disposed of 67,500 shares on May 18, 2026. The filing reports a weighted-average price of $18.10 and total proceeds of $1,221,770. The transaction is reported as a sale (disposition), which is often routine and does not by itself signal company outlook.
Key Details
- Transaction date: 2026-05-18 (sale, code S).
- Prices: weighted-average $18.10; footnote states individual trades ranged $18.10–$18.13.
- Proceeds: $1,221,770 (67,500 shares × weighted-average price).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote F1: The reported price is a weighted average; the filer will provide a breakdown of shares sold at each price upon request.
- Filing timeliness: Report filed 2026-05-27 (9 days after the transaction), later than the typical two-business-day Form 4 deadline.
Context
As a 10% owner, Horowitz is a significant shareholder; such insider sales by large holders are different from executive option exercises or compensatory grants and do not necessarily reflect management sentiment. The filing contains no indication of option exercises, awards, gifts, or a 10b5‑1 plan.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-18$18.10/sh−67,500$1,221,770→ 664,784 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price.The shares were sold in multiple transactions at prices ranging from $18.10 to $18.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.