Trio Petroleum Corp Amends CFO Contract, Raises Monthly Pay

What Happened
On July 1, 2026, Trio Petroleum Corp filed a Form 8-K announcing an amendment to the independent contractor agreement with its Chief Financial Officer, Greg Overholtzer. The Amendment increases Mr. Overholtzer’s monthly compensation from $15,000 to $17,000, effective as of July 1, 2026. All other terms of the January 1, 2026 ICA remain unchanged.

Key Details

• Company: Trio Petroleum Corp (TPET).
• Executive: Greg Overholtzer, Chief Financial Officer.
• Change: Monthly compensation increased from $15,000 to $17,000.
• Effective date: July 1, 2026.
• Other terms of the independent contractor agreement remain unchanged.

Why It Matters
This filing documents a modest increase in cash compensation for the company’s CFO, which could have a small impact on near-term operating cash outflows. It does not change the CFO’s role or other contractual terms. For investors, the item signals routine executive pay adjustment rather than a strategic corporate change such as a merger, financing, or leadership transition.