Ross Robin A. 4

What Happened

• Robin A. Ross, CEO of Trio Petroleum (TPET), disposed of 25,000 shares on 2026-03-11 in an open-market/private sale (transaction code S). The sale was done to cover taxes related to restricted stock issued to Mr. Ross in 2025. Based on the filing footnote, the shares were sold at an average price of $1.5109, producing approximate gross proceeds of $37,773. The filing notes that a full breakdown of individual sale prices will be provided to the SEC on request.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely, next-business-day filing).
• Transaction type: Sale (S); noted purpose: tax withholding for 2025 restricted stock issuance (Footnote F1).
• Reported average price: $1.5109 per share (Footnote F2); full price breakdown available to SEC on request.
• Shares sold: 25,000; estimated proceeds: ≈ $37,773 (based on average price).
• Shares owned after transaction: not specified in the excerpt of the filing.
• Filing appears timely (not marked late).

Context

• This was a tax-covering sale tied to previously granted restricted stock, a common administrative transaction that does not necessarily signal a change in insider sentiment. For retail investors, purchases typically carry more direct informational value than routine tax-related sales.