TRIO-TECH director exercises 40,056 TRT shares

TRIO-TECH INTERNATIONAL director and over-10% owner Richard M. Horowitz exercised derivative securities into common stock.

Rhea-AI Filing Summary

TRIO-TECH INTERNATIONAL director and over-10% owner Richard M. Horowitz exercised derivative securities into common stock. On this transaction date, he converted rights into 40,056 TRT common shares at a price of $2.64 per share, bringing his directly held stake to 661,556 common shares.

Insights

Equity compensation and insider transactions analyst

Director exercised options into 40,056 TRT shares at $2.64.

Richard M. Horowitz, a director and more than 10% owner of TRIO-TECH INTERNATIONAL, exercised derivative securities for 40,056 common shares. The Form 4 classifies this as an exercise or conversion of a derivative security, not an open-market purchase.

The resulting ownership shows 661,556 common shares held directly after the transaction. This type of activity typically reflects the use of previously granted equity awards. The filing does not indicate any concurrent sale, so the net effect here is an increase in directly held common shares.

Insider Trade Summary

40,056 shares exercised/converted

Exercise 2 txns

Insider HOROWITZ RICHARD M

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Exercise	Common Stock (Right to Buy)	40,056	$0.00	$0.00
Exercise	TRT Common Stock	40,056	$2.64	$106K

Holdings After Transaction: Common Stock (Right to Buy) — 0 contracts (Direct); TRT Common Stock — 661,556 shares (Direct)

FAQ

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

What did Richard M. Horowitz report in his latest TRT Form 4 filing?

He reported exercising derivative securities into 40,056 shares of TRIO-TECH INTERNATIONAL common stock. The transaction used a price of $2.64 per share and is classified as an exercise or conversion of a derivative security rather than an open-market buy or sell.

How many TRIO-TECH INTERNATIONAL (TRT) shares does Horowitz own after this transaction?

After the reported transactions, Richard M. Horowitz directly holds 661,556 shares of TRT common stock. This total reflects the addition of 40,056 shares received from exercising derivative securities on the stated transaction date in the Form 4.

Was the TRT insider transaction an open-market buy or a derivative exercise?

The transaction was a derivative exercise, coded “M” for exercise or conversion of a derivative security. The filing shows 40,056 rights converted into 40,056 TRT common shares at a price of $2.64 per share, not an open-market stock purchase.

What price per share applied to the shares received by Horowitz in the TRT filing?

The common shares received through the derivative exercise used a $2.64 per share price. This figure is disclosed for the 40,056 TRT common shares issued upon exercise, aligning with the Form 4 classification as an exercise or conversion transaction.

What does the M transaction code mean in the TRT Form 4 for Horowitz?

The M code indicates an “exercise or conversion of derivative security.” In this case, 40,056 derivative rights to buy TRT common stock were exercised, resulting in issuance of 40,056 common shares at a stated price of $2.64 per share.

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

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Accepted by SEC EDGAR 02/18/2026 - 09:53 AM EST 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^*

HOROWITZ RICHARD M

(Last) (First) (Middle)

9301 WILSHIRE BLVD #613

(Street)

BEVERLY HILLS CA 90210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TRIO-TECH INTERNATIONAL [ TRT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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
TRT Common Stock	02/17/2026		M		40,056	A	$2.64	661,556	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
Common Stock (Right to Buy)	$2.64	02/17/2026		M			40,056	02/19/2021	02/18/2026	Common Stock	40,056	$0	0	D

Explanation of Responses:

	/s/ Richard Horowitz	02/18/2026
	** 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.