Ross Robin A. 4

What Happened

• Ross Robin A., Chief Executive Officer of Trio Petroleum Corp (TPET), reported a sale of 25,000 common shares on 2026-02-11. The Form 4 lists the sale as disposed (S) with price N/A on the face of the filing; a footnote states the shares were sold at an average of $0.4749, implying gross proceeds of roughly $11,873.
• This was a sale to cover tax obligations tied to restricted stock issued to Mr. Ross in 2025, a common administrative transaction rather than an outright investment decision.

Key Details

• Transaction date: 2026-02-11.
• Reported price: N/A on the Form 4; footnote F2 gives an average sale price of $0.4749 per share. Total proceeds ≈ $11,873 (25,000 × $0.4749).
• Purpose: Footnote F1 — sale was to cover taxes related to 2025 restricted stock issuance.
• Full breakdown of per-share prices is available to the SEC on request (footnote F2).
• Shares owned after transaction: not specified in the information provided in the summary filing.

Context

• Sales made solely to satisfy tax withholding for equity awards are routine and do not necessarily reflect the insider’s view of the company’s prospects. Purchases by insiders generally carry more signal for investors than routine tax-related sales.
• The filing appears to be a standard Form 4 reporting an internal tax-withholding sale; the footnotes clarify the administrative nature of the transaction.