Trio Petroleum insider filing: Ross receives 625K vested restricted shares

Rhea-AI Filing Summary

Trio Petroleum Corp. reported that Robin A. Ross, who serves as Chief Executive Officer and a director, was awarded 625,000 restricted shares under the company’s 2022 Equity Incentive Plan. The restricted stock vested upon issuance, so Ross acquired immediate beneficial ownership of those shares.

Following the award, Ross beneficially owned 787,751 shares. The transaction is reported on a Form 4 as a Section 16 disclosure and shows a transaction date of 08/01/2025. No derivative securities were reported in the filing and no cash purchase was indicated.

Positive

• 625,000 restricted shares awarded to the CEO under the 2022 Equity Incentive Plan
• Restricted stock vested upon issuance, creating immediate beneficial ownership for the reporting person
• Beneficial ownership increased to 787,751 shares following the transaction
• Clear Form 4 disclosure of the equity award with transaction date and post-transaction holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO received 625,000 vested restricted shares, increasing his stake to 787,751; this is a compensation grant rather than an open-market purchase.

The Form 4 shows a direct award of restricted common stock to the CEO under the 2022 Equity Incentive Plan, with immediate vesting on issuance. That increased reported beneficial ownership to 787,751 shares and did not involve options or other derivatives. From a financial perspective, this is primarily a compensation expense event recorded by the company rather than insider buying that signals an independent market-backed purchase.

Corporate Governance Expert

TL;DR: Vested restricted stock granted to the CEO raises governance items to note: grant terms and immediate vesting are disclosed, with a clear post-award ownership figure.

The filing discloses a 625,000-share restricted stock award that vested on issuance under the 2022 Equity Incentive Plan, increasing beneficial ownership to 787,751 shares. The disclosure is clear on the nature of the award and contains no derivative transactions. Stakeholders may review grant documentation for vesting rationale and alignment with shareholder interests, but the Form 4 provides the essential ownership change information.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ross Robin A.

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	625,000	$0.00	--

Holdings After Transaction: Common Stock — 787,751 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

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)
08/01/2025

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	08/01/2025		A		625,000	A	(1)	787,751	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. Represents 625,000 restricted stock of the issuer awarded to Mr. Ross under the 2022 Equity Incentive Plan (the "2022 Plan"), which restricted stock vested upon issuance.

	/s/ Robin A. Ross	08/11/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Trio Petroleum (TPET) disclose on the Form 4?

The Form 4 discloses that CEO and director Robin A. Ross was awarded 625,000 restricted shares under the 2022 Equity Incentive Plan, which vested upon issuance.

How many shares did the reporting person own after the transaction?

After the reported transaction the reporting person beneficially owned 787,751 shares.

When was the transaction executed?

The transaction date shown in the filing is 08/01/2025.

Was the transaction a market purchase or an award?

The filing shows the transaction was an award of restricted stock under the company’s equity incentive plan that vested upon issuance, not an open-market purchase.

Were any derivative securities reported in the Form 4?

No derivative securities (options, warrants, or convertible instruments) were reported in Table II; only non-derivative common stock was reported.