James Gowans - 16 Oct 2025 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
Director
Signature
/s/ Elaine Sanders as attorney-in-fact for James Gowans
Issuer symbol
TMQ
Transactions as of
16 Oct 2025
Net transactions value
-$571,000
Form type
4
Filing time
17 Oct 2025, 19:23:11 UTC
Previous filing
03 Sep 2025
Next filing
02 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Gowans James Director C/O TRILOGY METALS INC., SUITE 901, 510 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Elaine Sanders as attorney-in-fact for James Gowans 17 Oct 2025 0001777289

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise $179,000 +100,000 +43% $1.79 334,046 16 Oct 2025 Direct F1
transaction TMQ Common Shares Sale $750,000 -100,000 -30% $7.50* 234,046 16 Oct 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMQ Director Stock Option (Right to Buy) Options Exercise $0 -100,000 -100% $0.000000 0 16 Oct 2025 Common Shares 100,000 $1.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.4048 = US$1.00.
F2 Converted from Canadian sale price of C$10.53821 using an exchange rate of C$1.4048 = US$1.00.