W. Whitney George - Aug 28, 2025 Form 4 Insider Report for SPROTT FOCUS TRUST INC. (FUND)

Role
Director, Senior Portfolio Manager, 10%+ Owner
Signature
/s/ W. Whitney George
Stock symbol
FUND
Transactions as of
Aug 28, 2025
Transactions value $
$1,225,421
Form type
4
Date filed
10/1/2025, 02:29 PM
Previous filing
Jul 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GEORGE W WHITNEY Director, Senior Portfolio Manager, 10%+ Owner C/O SPROTT ASSET MANAGEMENT USA INC., 320 POST ROAD, SUITE 230, DARIEN /s/ W. Whitney George 2025-10-01 0001185838

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUND Common Stock Sale -$244K -29.8K -8.7% $8.18 313K Aug 28, 2025 Held by Trust F5
transaction FUND Common Stock Purchase $487K +59.5K +0.75% $8.18 7.99M Sep 29, 2025 Direct
transaction FUND Common Stock Purchase $403K +49.3K +1.56% $8.18 3.22M Sep 29, 2025 Held by Spouse
transaction FUND Common Stock Purchase $175K +21.4K +1.56% $8.18 1.39M Sep 29, 2025 Held by Trust F3
transaction FUND Common Stock Purchase $39.8K +4.87K +1.56% $8.18 317K Sep 29, 2025 Held by Trust F5
transaction FUND Common Stock Purchase $32.5K +3.97K +1.56% $8.18 259K Sep 29, 2025 Held by Trust F1
transaction FUND Common Stock Purchase $14K +1.71K +1.56% $8.18 112K Sep 29, 2025 Held by Trust F4
transaction FUND Common Stock Purchase $318K +38.8K +1.56% $8.18 2.53M Sep 29, 2025 Held by Foundation F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by a trust established for the benefit of Mr. George's immediate family member (the "BM Trust"). Mr. George serves as trustee of the BM Trust and, in such capacity, has investment and voting discretion over shares held by the BM Trust. Mr. George may be deemed to beneficially own the shares held by the BM Trust.
F2 Shares held by The Meredith and Whitney George Foundation (the "Foundation"). Mr. George serves as the Chairman of the Foundation and, in such capacity, has investment and voting discretion over shares held by the Foundation.
F3 Shares held by a trust established for the benefit of Mr. George's children. As beneficiaries of the trust, Mr. George's children have a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
F4 Shares held by a trust established for the benefit of Mr. George's spouse. Mr. George serves as trustee of the trust and, in such capacity, has investment and voting discretion over shares held by the trust. As beneficiary of the trust, Mr. George's spouse has a pecuniary interest in the trust. Mr. George may be deemed to beneficially own the shares held by the trust.
F5 Shares held by a trust established for the benefit of Mr. George's immediate family member (the "TM Trust"). Mr. George serves as trustee of the TM Trust and, in such capacity, has investment and voting discretion over shares held by the TM Trust. Mr. George may be deemed to beneficially own the shares held by the TM Trust.

Remarks:

Mr. George disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. George is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("1934 Act"), or for any other purpose. The purchases of shares of Sprott Focus Trust, Inc. were made pursuant to a dividend reinvestment plan that satisfies requirements of Rule 16a-11 under the 1934 Act. Rule 16a-11 exempts such transactions from Section 16 of the 1934 Act.