SANDERS ELAINE (VP and CFO) exercised options at TRILOGY METALS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/12/2025ACC: 0000912282-25-001418
Officer· VP and CFO
Since Dec 2018
+305K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
4
Total transactions
320K acquired · 15K disposed
Non-Derivative Transactions1
Common Shares
Direct
Shares
+15K
Price / share
—
Trade value
—
% of position
0.5%
12/11/2025
3.33M→3.35M
Total
Net shares
+15K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares Direct | 12/11/2025 | M · Option Exercise | +15K | — | — | 0.5% | 3.33M | 3.35M |
| Total | +15K | $0.00 | ||||||
Derivative Transactions3
Employee Stock Option (Right to Buy)
Direct
Converts to
Common Shares
260K shares
Shares
+260K
Strike price
4.61
Held after
260K
Exercisable
—
12/11/2025
Restricted Stock Units
Direct
Converts to
Common Shares
45K shares
Shares
+45K
Strike price
Held after
45K
Exercisable
—
12/11/2025
Restricted Stock Units
Direct
Converts to
Common Shares
15K shares
Shares
−15K
Strike price
Held after
30K
Exercisable
—
12/11/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) Direct | Common Shares260K shares | 12/11/2025 | A · Award | +260K | 4.61 | — | 260K |
| Restricted Stock Units Direct | Common Shares45K shares | 12/11/2025 | A · Award | +45K | — | 45K | |
| Restricted Stock Units Direct | Common Shares15K shares | 12/11/2025 | M · Option Exercise | −15K | — | 30K |