Trio Petroleum (TPET) director sells 20,000 shares to cover tax on RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trio Petroleum Corp director John W. Randall reported a sale of 20,000 shares of common stock on February 2, 2026 at an average price of $0.6391 per share. After this transaction, he held 155,500 shares directly. The sale was made to cover taxes related to restricted stock issued to him in 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($12,782)
Net Sell
1 txn
Insider
Randall John W.
Role
Director
Sold
20,000 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $0.6391 | $13K |
Holdings After Transaction:
Common Stock — 155,500 shares (Direct)
Footnotes (1)
- The purpose of the sale is to cover taxes with respect to the issuance of restricted stock to Mr. Randall in 2025. Based upon shares sold at an average of $$0.6391. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.
FAQ
What insider transaction did TPET director John W. Randall report?
John W. Randall reported selling 20,000 shares of Trio Petroleum Corp common stock. The transaction occurred on February 2, 2026 at an average price of $0.6391 per share and left him with 155,500 directly held shares.
What is John W. Randall’s role at Trio Petroleum Corp (TPET)?
John W. Randall is identified as a director of Trio Petroleum Corp. The Form 4 indicates his relationship to the issuer by checking the director box, with no officer or 10% owner status marked for this reporting person.
Was the TPET insider transaction reported as a direct or indirect holding?
The 20,000-share sale and the remaining 155,500 shares are reported as directly held. The ownership form column lists “D” for direct ownership, and there is no disclosure of an indirect holding entity in this transaction.