Trio-Tech director sells shares after option exercise

TRIO-TECH INTERNATIONAL director Jason T. Adelman reported a mix of option exercise and share sales.

(Neutral)

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

TRIO-TECH INTERNATIONAL director Jason T. Adelman reported a mix of option exercise and share sales. On May 18, 2026, he exercised options for 39,750 shares of common stock at $2.25 per share, converting a derivative position into stock. He then sold a total of 49,975 shares of common stock in open-market transactions on May 18–19, 2026 at prices between $13.97 and $18.76 per share. After these transactions, he held 40,000 shares of Trio-Tech common stock directly.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 8 txns

Insider ADELMAN JASON T

Role Director

Sold 49,975 shs ($818K)

Approx. gross sale proceeds $818K

Approx. exercise cost $89K

Type	Security	Shares	Price	Value
Sale	Common Stock	9,358	$14.01	$131K
Sale	Common Stock	5,617	$13.97	$78K
Exercise	Common Stock (Right to Buy)	39,750	$0.00	$0.00
Exercise	Common Stock	39,750	$2.25	$89K
Sale	Common Stock	10,000	$18.76	$188K
Sale	Common Stock	10,000	$18.11	$181K
Sale	Common Stock	10,000	$16.57	$166K
Sale	Common Stock	5,000	$14.87	$74K

Holdings After Transaction: Common Stock (Right to Buy) — 0 contracts (Direct); Common Stock — 40,000 shares (Direct)

Key Figures

Shares sold: 49,975 shares Sale prices: $13.97–$18.76 per share Options exercised: 39,750 shares +3 more

6 metrics

Shares sold 49,975 shares Total common shares sold in open-market transactions on May 18–19, 2026

Sale prices $13.97–$18.76 per share Range of reported sale prices for common stock on May 18–19, 2026

Options exercised 39,750 shares Common Stock (Right to Buy) exercised on May 18, 2026

Exercise price $2.25 per share Exercise or conversion price for 39,750 derivative shares on May 18, 2026

Shares after transactions 40,000 shares Direct common stock holdings following final sale on May 19, 2026

Final sale block 5,617 shares at $13.97 Last reported open-market sale on May 19, 2026

Key Terms

open-market sale, derivative exercise/conversion, Common Stock (Right to Buy), Exercise or conversion of derivative security, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" for common stock dispositions"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" for option-related entries"

Common Stock (Right to Buy) financial

"security_title: "Common Stock (Right to Buy)" for the derivative position"

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

total_shares_following_transaction financial

"field showing share count after each reported transaction"

FAQ

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

What insider transaction did Trio-Tech International (TRT) report?

Trio-Tech International reported that director Jason T. Adelman exercised options and sold shares. He exercised 39,750 options at $2.25 per share and sold 49,975 common shares in open-market trades, ending with 40,000 shares owned directly.

How many Trio-Tech (TRT) shares did Jason Adelman sell and at what prices?

Jason Adelman sold a total of 49,975 Trio-Tech common shares. The open-market sales on May 18–19, 2026 occurred at prices ranging from $13.97 to $18.76 per share, according to the reported Form 4 data.

Did the Trio-Tech (TRT) director exercise stock options in this Form 4?

Yes, the director exercised stock options for 39,750 shares. On May 18, 2026 he converted a derivative position labeled “Common Stock (Right to Buy)” into common stock at an exercise price of $2.25 per share before subsequent share sales.

How many Trio-Tech (TRT) shares does Jason Adelman hold after the transactions?

After the reported transactions, Jason Adelman directly holds 40,000 Trio-Tech shares. The Form 4 shows his direct ownership declining through a sequence of sales, with the final reported total shares following transaction listed as 40,000.

What types of transactions are shown in this Trio-Tech (TRT) Form 4?

The Form 4 shows both open-market sales and an option exercise. There are six open-market sales of common stock and one derivative exercise converting 39,750 rights to buy into common shares, all reported as direct ownership changes.

Were Trio-Tech (TRT) insider transactions made in the open market?

Yes, the share dispositions are reported as open-market sales. Each common stock sale is coded “S” with the description “Sale in open market or private transaction,” and includes specific per-share sale prices between $13.97 and $18.76.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 05/20/2026 - 12:09 PM EDT

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^*

ADELMAN JASON T

(Last)

(First)

(Middle)

C/O TRIO-TECH INTERNATIONAL

16139 WYANDOTTE ST

(Street)

VAN NUYS

CALIFORNIA

91406

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/18/2026		M		39,750	A	$2.25	89,795	D
Common Stock	05/18/2026		S		10,000	D	$18.76	79,975	D
Common Stock	05/18/2026		S		10,000	D	$18.11	69,975	D
Common Stock	05/18/2026		S		10,000	D	$16.57	59,975	D
Common Stock	05/18/2026		S		5,000	D	$14.87	54,975	D
Common Stock	05/19/2026		S		9,358	D	$14.01	45,617	D
Common Stock	05/19/2026		S		5,617	D	$13.97	40,000	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock (Right to Buy)	$2.25	05/18/2026		M			39,750	03/20/2022	03/20/2028	Common Stock	39,750	$0	0	D

Explanation of Responses:

	/s/ Jason Adelman	05/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR