Sanders Elaine 4
4 · Trilogy Metals Inc. · Filed Oct 10, 2025
Insider Transaction Report
Form 4
Sanders Elaine
VP and CFO
Transactions
- Sale
Common Shares
2025-10-08$6.91/sh−50,599$349,639→ 3,548,561 total - Sale
Common Shares
2025-10-08$6.84/sh−399,000$2,727,604→ 3,149,561 total - Exercise/Conversion
Employee Stock Option
2025-10-08−450,000→ 0 totalExercise: $1.81Exp: 2025-12-09→ Common Shares (450,000 underlying) - Exercise/Conversion
Common Shares
2025-10-08$1.81/sh+450,000$814,500→ 3,599,160 total
Footnotes (5)
- [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
- [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.
- [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.