Trio Petroleum (TPET) CEO sells 25,000 shares to cover taxes

Rhea-AI Filing Summary

Trio Petroleum Corp Chief Executive Officer Robin A. Ross reported selling 25,000 shares of common stock on March 11, 2026. A footnote explains the sale’s purpose was to cover taxes related to restricted stock issued to him in 2025. After this transaction, he directly holds 687,500 shares.

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).

X

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^*

Ross Robin A.

(Last) (First) (Middle)

23823 MALIBU ROAD,

SUITE 304

(Street)

MALIBU CA 90265

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Trio Petroleum Corp [ TPET ]

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		S(1)		25,000	D	(2)	687,500	D

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. The purpose of the sale is to cover taxes with respect to the issuance of restricted stock to Mr. Ross in 2025.

2. Based upon shares sold at an average of $1.5109. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.

	/s/ Robin A. Ross	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Trio Petroleum (TPET) report for its CEO?

Trio Petroleum reported that CEO Robin A. Ross sold 25,000 shares of common stock. The transaction occurred on March 11, 2026, and was reported as a sale in the open market or a private transaction, according to the Form 4 filing details.

How many Trio Petroleum (TPET) shares did the CEO sell and at what price?

The CEO sold 25,000 shares of Trio Petroleum common stock. A footnote states the shares were sold at an average price of $1.5109 per share, with a full breakdown of individual trade prices available upon request from the SEC.

Why did the Trio Petroleum (TPET) CEO sell 25,000 shares?

The Form 4 footnote states the sale’s purpose was to cover taxes tied to restricted stock issued to Mr. Ross in 2025. This indicates the transaction was tax-related rather than a discretionary reduction of his overall equity exposure.

How many Trio Petroleum (TPET) shares does the CEO hold after the sale?

Following the reported sale, Robin A. Ross directly holds 687,500 shares of Trio Petroleum common stock. This post-transaction figure is disclosed in the Form 4 and shows he retains a substantial equity position in the company after the tax-related sale.

Was the Trio Petroleum (TPET) CEO’s transaction an open-market sale?

Yes. The transaction is coded “S” on the Form 4, described as a sale in the open market or a private transaction. Although tax-motivated, it is still recorded as an open-market type sale under SEC transaction coding rules.

Did the Trio Petroleum (TPET) Form 4 show any option or derivative exercises?

No. The filing’s derivative transaction summary shows zero derivative transactions and no remaining derivative positions. The reported activity involves only non-derivative common stock, with no option exercises or conversions indicated in this specific Form 4.