Tony Giardini - 11 Dec 2025 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Role
President & CEO, Director
Signature
/s/ Elaine Sanders as attorney-in-fact for Tony Giardini
Issuer symbol
TMQ
Transactions as of
11 Dec 2025
Net transactions value
$0
Form type
4
Filing time
12 Dec 2025, 17:53:53 UTC
Previous filing
08 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Giardini Tony President & CEO, Director C/O TRILOGY METALS INC., SUITE 901, 510 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA, CANADA /s/ Elaine Sanders as attorney-in-fact for Tony Giardini 12 Dec 2025 0001562639

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMQ Common Shares Options Exercise +60,000 +0.69% 8,758,728 11 Dec 2025 Direct F1

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 Employee Stock Option (Right to Buy) Award $0 +360,000 $0.000000 360,000 11 Dec 2025 Common Shares 360,000 $4.61 Direct F2, F3
transaction TMQ Restricted Stock Units Award $0 +180,000 $0.000000 180,000 11 Dec 2025 Common Shares 180,000 Direct F1, F4
transaction TMQ Restricted Stock Units Options Exercise $0 -60,000 -33% $0.000000 120,000 11 Dec 2025 Common Shares 60,000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock
F2 Converted from Canadian exercise price of C$6.35 using an exchange rate of C$1.3774 = US$1.00.
F3 The options vest as follows: 1/3 on December 11, 2025; 1/3 on December 11, 2026; and 1/3 on December 11, 2027.
F4 The RSUs vest as follows: 1/3 on December 7, 2023; 1/3 on December 7, 2024; and 1/3 on December 7, 2025.