Tron Inc. (TRON) CEO Acquires Shares, Awarded Options Exercisable Through 2030

Rhea-AI Filing Summary

Richard A. Miller, the Chief Executive Officer and a director of Tron Inc. (TRON), reported insider transactions dated 08/15/2025. He purchased 200,000 shares of Common Stock at $0.56 per share, increasing his total beneficial ownership to 1,100,000 shares. In addition, he received two stock option awards exercisable at $0.56: 65,000 options issued under the 2023 Equity Incentive Plan and 135,000 options issued under the 2024 Equity Incentive Plan, together representing 200,000 option shares exercisable through 05/23/2030. All reported holdings and awards are shown as direct ownership.

Positive

• CEO purchased 200,000 shares at $0.56, increasing direct ownership to 1,100,000 shares
• Received 200,000 stock options (65,000 under 2023 plan; 135,000 under 2024 plan) exercisable through 05/23/2030
• Transactions reported as direct ownership, providing clear disclosure of insider holdings

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased 200,000 shares and received 200,000 options, showing direct financial exposure to TRON's equity.

The reported open-market purchase of 200,000 shares at $0.56 increases the CEO's direct stake to 1.1 million shares, while award grants add 200,000 option positions exercisable through 2030. From a capital-structure perspective, the immediate dilution from options is limited to the option pool noted, and the purchase itself is a direct cash investment into existing shares rather than an equity issuance. These transactions are material to ownership disclosure but do not, by themselves, quantify changes to outstanding share count or company financials.

Corporate Governance Expert

TL;DR: Insider purchase plus option grants are routine governance events but important for alignment and disclosure.

The filing shows the CEO acting in both executive and board capacities; the combination of an open-market purchase and stock-option awards aligns management incentives with shareholders over the option vesting horizon ending 05/23/2030. The options are noted as direct holdings and allocated under specified equity plans (2023 and 2024), which is consistent with standard executive compensation practices. The report is complete in listing ownership forms and plan attributions.

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
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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^*

Miller Richard A

(Last) (First) (Middle)

C/O TRON INC.

941 W. MORSE BLVD. SUITE 100

(Street)

WINTER PARK FL 32789

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Tron Inc. [ TRON ]

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)
08/15/2025

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	08/15/2025		M		200,000	A	$0.56	1,100,000	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
Stock option (right to buy)	$0.56	08/15/2025		M			65,000(1)	05/23/2025	05/23/2030	Common Stock	65,000	$0	0	D
Stock option (right to buy)	$0.56	08/15/2025		M			135,000(2)	05/23/2025	05/23/2030	Common Stock	135,000	$0	175,000	D

Explanation of Responses:

1. The 65,000 stock options were issued pursuant to the Company's 2023 Equity Incentive Plan.

2. The 135,000 stock options were issued pursuant to the Company's 2024 Equity Incentive Plan.

	/s/ Richard A. Miller	08/18/2025
	** 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 transactions did Tron Inc. (TRON) insider Richard A. Miller report?

He reported purchasing 200,000 shares at $0.56 per share and receiving 65,000 options under the 2023 plan and 135,000 options under the 2024 plan.

How many total shares does Richard A. Miller beneficially own after the reported transaction?

The filing shows he beneficially owns 1,100,000 shares following the reported purchase.

What are the exercise price and expiration for the granted options?

Both option awards have an exercise price of $0.56 and an expiration date of 05/23/2030, with exercisability dated 05/23/2025.

Were the reported securities held directly or indirectly?

All reported holdings and awards are listed as Direct (D) beneficial ownership in the filing.

Under which plans were the stock options issued?

The filing states 65,000 options were issued under the 2023 Equity Incentive Plan and 135,000 options under the 2024 Equity Incentive Plan.