FOREST BASKETT - 31 Dec 2025 Form 5 Insider Report for Trevi Therapeutics, Inc. (TRVI)

Role
10%+ Owner
Signature
/s/ Zachary Bambach, attorney-in-fact
Issuer symbol
TRVI
Transactions as of
31 Dec 2025
Net transactions value
+$2,537,037
Form type
5
Filing time
13 Feb 2026, 16:30:18 UTC
Previous filing
06 Oct 2025
Next filing
05 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BASKETT FOREST 10%+ Owner 2855 SAND HILL ROAD, MENLO PARK /s/ Zachary Bambach, attorney-in-fact 13 Feb 2026 0001277631

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRVI Common Stock Exercise of in-the-money or at-the-money derivative security $2,537,037 +1,851,852 +18% $1.37 12,273,280 17 Apr 2025 See Note 1 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 TRVI 3.5-Year Common Stock Warrant Exercise of in-the-money or at-the-money derivative security $0 -1,851,852 -100% $0.000000 0 17 Apr 2025 Common Stock 1,851,852 $1.37 See Note 1 F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is a manager of NEA 16 GP, LLC, which is the sole general partner of NEA Partners 16, L.P. ("NEA Partners 16"). NEA Partners 16 is the sole general partner of New Enterprise Associates 16, L.P. ("NEA 16"), which is the direct beneficial owner of the securities. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 16 securities in which the Reporting Person has no pecuniary interest.