W. Whitney George - Aug 10, 2023 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 10, 2023
Transactions value $: -$25,358
Form type: 4
Date filed: 8/14/2023, 06:47 PM
Previous filing: Jan 4, 2023
Next filing: Aug 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FUND	Common Stock	Sale	-$12.7K	-1.56K	-0.47%	$8.15	331K	Aug 10, 2023	Held by Trust	F4, F6, F7
transaction	FUND	Common Stock	Sale	-$12.7K	-1.56K	-0.47%	$8.15	331K	Aug 10, 2023	Held by Trust	F5, F6, F7
holding	FUND	Common Stock						7.43M	Aug 10, 2023	Direct	F6
holding	FUND	Common Stock						2.76M	Aug 10, 2023	Held by Spouse	F6
holding	FUND	Common Stock						196K	Aug 10, 2023	Held by Son	F6
holding	FUND	Common Stock						1.18M	Aug 10, 2023	Held by Trust	F1, F6
holding	FUND	Common Stock						2.15M	Aug 10, 2023	Held by Foundation	F2, F6
holding	FUND	Common Stock						95K	Aug 10, 2023	Held by Trust	F3, F6

* 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 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.
F2	Shares held by The Meredith and Whitney George Family Foundation (the "Foundation"). Mr. George serves as 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 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.
F4	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.
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.
F6	Amount of shares beneficially owned includes shares acquired under the issuer's Dividend Reinvestment Program (the DRIP) on March 24, 2023 and June 27, 2023.
F7	Represents the weighted average sales price of multiple transactions with a range of prices between $8.15 and $8.17 per share. Mr. George hereby undertakes to provide, upon request by the Securities and Exchange Commission staff, the issuer, or a stockholder of the issuer, full information regarding the number of shares sold at each separate price.

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, or for any other purpose.