Trio Petroleum CEO sells 25,000 shares for taxes
Trio Petroleum Corp Chief Executive Officer Robin A. Ross sold 25,000 shares of common stock in an open-market transaction.
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Rhea-AI Filing Summary
Trio Petroleum Corp Chief Executive Officer Robin A. Ross sold 25,000 shares of common stock in an open-market transaction. According to the disclosure, the sale was made to cover taxes related to restricted stock issued to him in 2025 at an average price of $0.3888 per share. Following this tax-related sale, he continues to hold 625,000 shares of Trio Petroleum common stock directly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The purpose of the sale is to cover taxes with respect to the issuance of restricted stock to Mr. Ross in 2025.
- F2. Based upon shares sold at an average of $0.3888. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.
Key Figures
Key Terms
restricted stock financial
open-market sale financial
Form 4 regulatory
FAQ
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What insider transaction did Trio Petroleum (TPET) disclose for Robin A. Ross?
Was the Trio Petroleum (TPET) CEO’s trade a purchase or a sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.