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

Reporting relationship: President & CEO, Director
Issuer ticker: TMQ
Reported as of: 11 Dec 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 12 Dec 2025, 17:53:53 UTC
Prior SEC filing: 08 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Elaine Sanders as attorney-in-fact for Tony Giardini

Key filing fact

Tony Giardini filed Form 4 for Trilogy Metals Inc. (TMQ) on 12 Dec 2025.

Key facts

This page summarizes Tony Giardini's Form 4 filing for Trilogy Metals Inc. (TMQ).
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 12 Dec 2025, 17:53.

Change

Previous filing in this sequence was filed on 08 Dec 2025.
Current net transaction value: $0.

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 0001562639 Primary reporting owner

Giardini Tony

Relationship: President & CEO, 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 Tony Giardini
Signature date: 12 Dec 2025

Reported non-derivative transactions

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

TMQ transaction

Common Shares

Options Exercise

Transaction value
Shares: +60,000
Change %: +0.69%
Price
Shares after: 8,758,728
Date: 11 Dec 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

TMQ transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +360,000
Change %
Price: $0.000000
Shares after: 360,000
Date: 11 Dec 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 360,000
Exercise price: $4.61
Footnotes: F2, F3

TMQ transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +180,000
Change %
Price: $0.000000
Shares after: 180,000
Date: 11 Dec 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 180,000
Exercise price
Footnotes: F1, F4

TMQ transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -60,000
Change %: -33%
Price: $0.000000
Shares after: 120,000
Date: 11 Dec 2025
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 60,000
Exercise price
Footnotes: F1, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock

Footnote F2

Converted from Canadian exercise price of C$6.35 using an exchange rate of C$1.3774 = US$1.00.

Footnote 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.

Footnote 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.