Form 4 for TMQ Trilogy Metals Inc.
Accepted 2025-10-10 00:00:00 ET · period of report 2025-10-08 · accession 0000912282-25-001071 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-10-10 | 2025-10-08 | TMQ | Sanders Elaine | VP, CFO | S - Sale+OE | $6.85 | -449.6K | 3.55M | -11% | -$3.08M |
| D | 2025-10-10 | 2025-10-08 | TMQ | Sanders Elaine | VP, CFO | M - OptEx | $1.81 | +450.0K | 3.60M | +14% | +$814.5K |
| D | 2025-10-10 | 2025-10-08 | TMQ | Sanders Elaine | VP, CFO | M - OptEx | $0.00 | -450.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2025-10-08 | S | D | 399,000 | $6.84 | 3,149,561 | D | — | — | (F5) The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.79 to $6.9007, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. |
| 2 | Common | Common Shares | 2025-10-08 | S | D | 50,599 | $6.91 | 3,548,561 | D | — | — | (F3) The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.60 to C$9.65, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. (F4) The Canadian average weighted price was converted into U.S. dollars using an exchange rate of C$1.3952 = US$1.00. |
| 3 | Common | Common Shares | 2025-10-08 | M | A | 450,000 | $1.81 | 3,599,160 | D | — | — | (F1) Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.3952 = US1.00. |
| 4 | Derivative | Employee Stock Option | 2025-10-08 | M | D | 450,000 | $0.00 | 0 | D | $1.81 · — to 2025-12-09 | 450,000 Common Shares | (F1) Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.3952 = US1.00. (F2) The options were granted on December 10, 2020, and vested as follows: 1/3 on 12/10/2020; 1/3 on 12/10/2021; 1/3 on 12/10/2022 |