Sanders Elaine 4
4 · Trilogy Metals Inc. · Filed Dec 12, 2025
Insider Transaction Report
Form 4
Sanders Elaine
VP and CFO
Transactions
- Exercise/Conversion
Common Shares
2025-12-11+15,000→ 3,347,895 total - Award
Employee Stock Option (Right to Buy)
2025-12-11+260,000→ 260,000 totalExercise: $4.61Exp: 2030-12-10→ Common Shares (260,000 underlying) - Award
Restricted Stock Units
2025-12-11+45,000→ 45,000 total→ Common Shares (45,000 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-11−15,000→ 30,000 total→ Common Shares (15,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Converted from Canadian exercise price of C$6.35 using an exchange rate of C$1.3774 = US$1.00.
- [F3]The options vest as follows: 1/3 on December 11, 2025; 1/3 on December 11, 2026; and 1/3 on December 11, 2027.
- [F4]The RSUs vest as follows: 1/3 on December 11, 2025; 1/3 on December 11, 2026; and 1/3 on December 11, 2027