Whitney George trades Sprott Focus Trust (FUND) shares in reported Form 4

Rhea-AI Filing Summary

GEORGE W. WHITNEY, a director, 10% owner and Senior Portfolio Manager of Sprott Focus Trust Inc. (FUND), reported both a purchase and a sale of common stock on January 6, 2026. He acquired 1,785 shares at $8.89 per share in a transaction made through a dividend reinvestment plan that satisfies Rule 16a-11. On the same date, a trust for the benefit of an immediate family member, for which Mr. George serves as trustee, sold 17,700 shares at $8.85 per share.

Following these transactions, Mr. George directly held 8,078,033 common shares, and the reporting shows additional indirect holdings through various family trusts, his spouse and a family foundation. The filing notes that Mr. George may be deemed to beneficially own shares held by these entities but disclaims beneficial ownership except to the extent of his pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GEORGE W WHITNEY

(Last) (First) (Middle)

C/O SPROTT ASSET MANAGEMENT USA INC.

320 POST ROAD, SUITE 230

(Street)

DARIEN CT 06820

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPROTT FOCUS TRUST INC. [ FUND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Senior Portfolio Manager

3. Date of Earliest Transaction (Month/Day/Year)
01/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/06/2026		P		1,785	A	$8.89	8,078,033	D
Common Stock	01/06/2026		S		17,700	D	$8.85	306,805	I	Held by Trust(5)
Common Stock								3,276,263	I	Held by Spouse
Common Stock								1,424,706	I	Held by Trust(3)
Common Stock								264,650	I	Held by Trust(1)
Common Stock								114,292	I	Held by Trust(4)
Common Stock								2,588,112	I	Held by Foundation(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares held by a trust established for the benefit of Mr. George's immediate family member (the "BM Trust"). Mr. George serves as trustee of the BM Trust and, in such capacity, has investment and voting discretion over shares held by the BM Trust. Mr. George may be deemed to beneficially own the shares held by the BM Trust.

2. Shares held by The Meredith and Whitney George Foundation (the "Foundation"). Mr. George serves as the Chairman of the Foundation and, in such capacity, has investment and voting discretion over shares held by the Foundation.

3. Shares held by a trust established for the benefit of Mr. George's children. As beneficiaries of the trust, Mr. George's children have a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.

4. Shares held by a trust established for the benefit of Mr. George's spouse. Mr. George serves as trustee of the trust and, in such capacity, has investment and voting discretion over shares held by the trust. As beneficiary of the trust, Mr. George's spouse has a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.

5. Shares held by a trust established for the benefit of Mr. George's immediate family member (the "TM Trust"). Mr. George serves as trustee of the TM Trust and, in such capacity, has investment and voting discretion over shares held by the TM Trust. Mr. George may be deemed to beneficially own the shares held by the TM Trust.

Remarks:

Mr. George disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. George is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("1934 Act"), or for any other purpose. The purchases of shares of Sprott Focus Trust, Inc. were made pursuant to a dividend reinvestment plan that satisfies requirements of Rule 16a-11 under the 1934 Act. Rule 16a-11 exempts such transactions from Section 16 of the 1934 Act.

	/s/ W. Whitney George	01/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

Who is the reporting insider in Sprott Focus Trust (FUND)'s latest Form 4?

The reporting person is GEORGE W. WHITNEY, who is a director, a 10% owner, and serves as Senior Portfolio Manager of Sprott Focus Trust Inc.

What transactions did GEORGE W. WHITNEY report for Sprott Focus Trust (FUND) on January 6, 2026?

On January 6, 2026, he reported buying 1,785 common shares at $8.89 per share and a sale of 17,700 common shares at $8.85 per share by a trust for the benefit of an immediate family member for which he serves as trustee.

How many Sprott Focus Trust (FUND) shares does GEORGE W. WHITNEY hold directly after the reported transactions?

After the reported transactions, he directly held 8,078,033 shares of Sprott Focus Trust Inc. common stock.

What indirect holdings of Sprott Focus Trust (FUND) are reported for GEORGE W. WHITNEY?

The filing lists indirect holdings through family trusts (including trusts for an immediate family member, spouse, and children), his spouse, and The Meredith and Whitney George Foundation, with each position reported separately in the ownership table.

How does the Form 4 describe the trust and foundation holdings related to Sprott Focus Trust (FUND)?

For the various trusts and the foundation, the filing states that Mr. George serves as trustee or Chairman, with investment and voting discretion over the shares, and that he may be deemed to beneficially own those shares.

Does GEORGE W. WHITNEY disclaim any beneficial ownership of Sprott Focus Trust (FUND) shares?

Yes. The remarks state that Mr. George disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest and that the report should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.

What does the Form 4 say about the dividend reinvestment plan for Sprott Focus Trust (FUND)?

The purchases of shares were made under a dividend reinvestment plan that satisfies the requirements of Rule 16a-11 under the Securities Exchange Act of 1934, and the filing notes that Rule 16a-11 exempts such transactions from Section 16 of the Act.