TRIO-TECH (TRT) CFO Anitha Srinivasan Exercises Options for 8,005 Shares

What Happened Anitha Srinivasan, Chief Financial Officer of TRIO-TECH INTERNATIONAL (TRT), exercised options to acquire 8,005 shares on 2026-09-28 at an exercise price of $2.51 per share, for a total cost of $20,093. The Form 4 also reports a simultaneous disposition of 8,005 shares at $0.00 (reported as a derivative transaction). The exercise is an acquisition (a purchase of shares via option exercise); the $0.00 disposition suggests shares were transferred/surrendered in connection with the exercise but the filing does not spell out the reason.

Key Details

• Transaction date and filing date: 2026-09-28 (Form 4 filed the same day).
• Acquisition: 8,005 shares exercised at $2.51 each — total cash paid $20,093 (Transaction code M).
• Disposition: 8,005 shares reported disposed at $0.00 (also coded M as a derivative transaction).
• Shares owned after transaction: Not specified in the information provided on this filing.
• Notable items: Both entries are coded M (exercise/conversion of derivative). The filing does not state whether the $0.00 disposition represents tax withholding, shares surrendered to cover the exercise price, or another mechanism.

Context

• For retail investors: an option exercise is an insider acquiring shares (generally a neutral-to-bullish signal), but the simultaneous $0.00 disposition often indicates a cashless/withholding action rather than an open-market sale. The filing here does not provide detail, so the economic effect on the insider’s net holdings is unclear.
• Timing: The report was filed on the same date as the transaction (no late filing indicated).