Ross Robin A. 4
4 · Trio Petroleum Corp · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Trio Petroleum (TPET) CEO Robin A. Ross Sells 25,000 Shares
What Happened
- Robin A. Ross, CEO of Trio Petroleum Corp (TPET), sold 25,000 shares on 2026-06-03. The Form 4 lists the transaction as an open-market or private sale (code S). Based on the filing footnote, the shares were sold at an average price of $0.3888, implying gross proceeds of roughly $9,720. The filing states the sale was to cover taxes related to restricted stock issued to Mr. Ross in 2025.
Key Details
- Transaction date: 2026-06-03 (filed 2026-06-04)
- Shares sold: 25,000
- Reported average price (footnote): $0.3888 per share → approx. $9,720 total
- Purpose (footnote): Tax withholding for 2025 restricted stock award
- Price breakdown: Full per-share breakdown available to the SEC on request (footnote)
- Shares owned after transaction: Not specified in the provided filing summary
- Timeliness: Filed the next day (no late filing flag in this report)
Context
- Sales to cover tax withholding on restricted stock are common and often routine; they do not necessarily indicate a change in an insider’s view of the company. For retail investors, purchases by insiders are generally more informative than small, one-off sales like this (under $10k in proceeds).
Insider Transaction Report
Form 4
Ross Robin A.
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1][F2]2026-06-03−25,000→ 625,000 total
Footnotes (2)
- [F1]The purpose of the sale is to cover taxes with respect to the issuance of restricted stock to Mr. Ross in 2025.
- [F2]Based upon shares sold at an average of $0.3888. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.
Signature
/s/ Robin A. Ross|2026-06-04