Janice Stairs - 09 Oct 2025 Form 4 Insider Report for Trilogy Metals Inc. (TMQ)

Reporting relationship: Director
Issuer ticker: TMQ
Reported as of: 09 Oct 2025
Net transaction value: -$152,057
SEC form: 4
Accepted by SEC: 10 Oct 2025, 18:57:44 UTC
Prior SEC filing: 03 Sep 2025
Next SEC filing: 02 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Elaine Sanders as attorney-in-fact for Janice Stairs

Key filing fact

Janice Stairs filed Form 4 for Trilogy Metals Inc. (TMQ) on 10 Oct 2025.

Key facts

This page summarizes Janice Stairs's Form 4 filing for Trilogy Metals Inc. (TMQ).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 10 Oct 2025, 18:57.

Change

Previous filing in this sequence was filed on 03 Sep 2025.
Current net transaction value: -$152,057.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001562653 Primary reporting owner

Stairs Janice

Relationship: Director
Address: C/O TRILOGY METALS INC., SUITE 901, 510 BURRARD STREET, VANCOUVER, BRITISH COLUMBIA, CANADA
Signature: /s/ Elaine Sanders as attorney-in-fact for Janice Stairs
Signature date: 10 Oct 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TMQ transaction

Common Shares

Options Exercise

Transaction value: $180,000
Shares: +100,000
Change %: +22%
Price: $1.80
Shares after: 558,771
Date: 09 Oct 2025
Ownership: Direct
Footnotes: F1

TMQ transaction

Common Shares

Sale

Transaction value: $332,057
Shares: -50,613
Change %: -9.1%
Price: $6.56^*
Shares after: 508,608
Date: 09 Oct 2025
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TMQ transaction Derivative

Director Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -100,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 09 Oct 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 100,000
Exercise price: $1.80

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Converted from Canadian exercise price of C$2.52 using an exchange rate of C$1.40 = US$1.00.

Footnote F2

The sale price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from C$9.1243 to C$9.2204, inclusive. The reporting person undertakes to provide to Trilogy Metals Inc., any security holder of Trilogy Metals Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

Footnote F3

The Canadian average weighted price was converted into U.S. dollars using an exchange rate of C$1.40 = US$1.00.