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Sanders Elaine's Form 4 filing

Trilogy Metals Inc. (TMQ) · filed Oct 10, 2025

Accession no.
0000912282-25-001071
Filed
Oct 10, 2025
Trade date
Oct 8, 2025
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $3.08M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Sanders ElaineCIK 0001561028Officer (VP & CFO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Oct 8, 2025Common SharesMOption exerciseAcquired+450,000$1.81F1+$814,5003,599,160Direct
Oct 8, 2025Common SharesSSaleDisposed−50,599$6.91F3,F4−$349,639.093,548,561Direct
Oct 8, 2025Common SharesSSaleDisposed−399,000$6.84F5−$2,729,1603,149,561Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Oct 8, 2025Common SharesMOption exerciseDisposed−450,000$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.3952 = US1.00.

Referenced by the price of 1 transaction in Table I.

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.

Referenced by the price of 1 transaction in Table I.

F4

The Canadian average weighted price was converted into U.S. dollars using an exchange rate of C$1.3952 = US$1.00.

Referenced by the price of 1 transaction in Table I.

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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)