TRON Form 4: CFO Buys 200,000 Shares and Receives 200,000 Options

Douglas O. McKinnon, Chief Financial Officer of Tron Inc. (TRON), reported insider transactions on Form 4 executed 08/15/2025.

Rhea-AI Filing Summary

Douglas O. McKinnon, Chief Financial Officer of Tron Inc. (TRON), reported insider transactions on Form 4 executed 08/15/2025. The filing shows a purchase of 200,000 shares of common stock at $0.56 per share and the grant/acquisition of 200,000 stock options with a $0.56 exercise price. After the transactions, Mr. McKinnon beneficially owns 516,388 shares of common stock directly and holds derivative rights covering 175,000 shares. The options were issued under the Company’s 2024 Equity Incentive Plan. The Form 4 is signed and dated 08/18/2025.

Positive

• 200,000 common shares acquired at $0.56 per share as reported on 08/15/2025
• Stock options (200,000) were issued under the Company’s 2024 Equity Incentive Plan
• Post-transaction direct beneficial ownership increased to 516,388 shares

Negative

• 175,000 derivative shares remain outstanding as reported (derivative beneficial ownership)
• Form discloses equity issuance/grant which may increase outstanding option-related claims on common stock

Insights

Securities Analyst

TL;DR: CFO purchased 200,000 shares and holds 200,000 options at $0.56, now directly owns 516,388 shares.

This Form 4 documents a contemporaneous acquisition and an equity award for the company's CFO on 08/15/2025. The purchase of 200,000 common shares at $0.56 increases the reporting person’s direct stake to 516,388 shares. Separately, 200,000 stock options with a $0.56 exercise price were recorded; the filing shows derivative holdings of 175,000 shares. The options are explicitly stated as issued under the 2024 Equity Incentive Plan, clarifying the compensation framework used. For investors, this is a straightforward insider acquisition and option grant disclosure without additional financial metrics in the filing.

Corporate Governance Expert

TL;DR: Disclosure shows CFO's equity purchase and option award under the 2024 plan, formally reported and signed.

The Form 4 complies with Section 16 reporting by identifying the reporting person, transaction dates (08/15/2025), transaction codes (M for market/award), and post-transaction beneficial ownership totals. The filing explicitly ties the Options to the Company’s 2024 Equity Incentive Plan, providing governance transparency on the grant source. The form is signed by Douglas O. McKinnon on 08/18/2025, fulfilling signature requirements. No other governance events or amendments are reported.

Insider Trade Summary

200,000 shares exercised/converted

Exercise 2 txns

Insider MCKINNON DOUGLAS O

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Stock option (right to buy)	200,000	$0.00	$0.00
Exercise	Common Stock	200,000	$0.56	$112K

Holdings After Transaction: Stock option (right to buy) — 175,000 contracts (Direct); Common Stock — 516,388 shares (Direct)

Footnotes (1)

1. F1. The stock options ("Options") were issued pursuant to the Company's 2024 Equity Incentive Plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transactions did TRON CFO Douglas O. McKinnon report on Form 4?

The filing reports a purchase of 200,000 common shares at $0.56 and the acquisition/grant of 200,000 stock options, both dated 08/15/2025.

How many shares does Douglas O. McKinnon beneficially own after the reported transactions?

After the transactions, Mr. McKinnon directly beneficially owns 516,388 shares of common stock.

What is the exercise price and term for the reported stock options?

The stock options have an exercise price of $0.56. The filing shows an exercisable date of 05/23/2025 and an expiration date of 05/23/2030 for the referenced options.

Under which plan were the options issued?

The filing states the options were issued pursuant to the Company’s 2024 Equity Incentive Plan.

When was the Form 4 signed?

The Form 4 is signed by Douglas O. McKinnon on 08/18/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/18/2025 - 05:00 PM Learn about SEC filing dates

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^*

MCKINNON DOUGLAS O

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial 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	516,388	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			200,000(1)	05/23/2025	05/23/2030	Common Stock	200,000	$0	175,000	D

Explanation of Responses:

1. The stock options ("Options") were issued pursuant to the Company's 2024 Equity Incentive Plan.

	/s/ Douglas O. McKinnon	08/18/2025
	** 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.