Quick Takeaways
- TMQ - Trilogy Metals Inc. has 12 insiders with reported activity on this page.
- Net insider value flow over the last year: -$530,571.
- Recent transaction rows are available for direct filing-level review.
Insider Transactions Reported by 12 Insiders of Trilogy Metals Inc.
- Symbol
- TMQ on NYSE
- Location
- Vancouver, British Columbia, Canada
What Changed
- Buy value: ; sell value: $530,570.
- Net share flow: -145,107.
Why This Matters
- This page gives a plain-language issuer insider context before you inspect transaction-level evidence.
- Use the filing links below to verify timestamps, codes, and ownership impacts directly from SEC forms.
Source Evidence
Filed on Form 4
See Original Filing
Issuer insider activity is sourced from SEC Forms 3, 4, and 5.
Insider trading overview
Last 12 monthsNet insider flow leans to selling over the last 12 months. Net value: -$530,571.
Buys
$0
Shares: 0
Insiders: 0
Sells
$530,571
Shares: 145,107
Insiders: 2
Net
-$530,571
Shares: -145,107
Insiders: -2
| Window (months) | Buy shares | Sell shares | Buy $ | Sell $ | Net $ |
|---|---|---|---|---|---|
| 0-3 | 0 | 25,107 | $0 | $110,471 | -$110,471 |
| 3-6 | 0 | 70,000 | $0 | $333,100 | -$333,100 |
| 6-9 | 0 | 0 | $0 | $0 | $0 |
| 9-12 | 0 | 50,000 | $0 | $87,000 | -$87,000 |
Trilogy Metals Inc. executives and other stock owners filed with the SEC include:
| Name | Relationship | Holdings Value | Past Year Net Change | Change % | Valuation | Report Date |
|---|---|---|---|---|---|---|
| Thomas S. Kaplan | 10%+ Owner | $126,102,916 | Mixed | 26 Dec 2025 | ||
| Tony Giardini | President & CEO, Director | $33,633,515 | Mixed | 11 Dec 2025 | ||
| Electrum Strategic Opportunities Fund L.P. | 10%+ Owner | $13,179,177 | Mixed | 25 Apr 2023 | ||
| Elaine Sanders | Vp & Cfo | $12,855,916 | Mixed | 11 Dec 2025 | ||
| South32 Ltd | 10%+ Owner | $7,754,245 | Mixed | 25 Apr 2023 | ||
| Gregory A. Lang | Director | $1,102,080 | -$333,100 | -23% | Mixed | 11 Dec 2025 |
| Janice Stairs | Director | $1,068,076 | Mixed | 11 Dec 2025 | ||
| William Beckwith Hayden | Director | $803,638 | Mixed | 11 Dec 2025 | ||
| James Gowans | Director | $491,496 | Mixed | 11 Dec 2025 | ||
| Diana J. Walters | Director | $363,674 | Median | 23 Apr 2026 | ||
| Kalidas V Madhavpeddi | Former Director | $192,714 | Mixed | 17 May 2023 | ||
| William I. Iggiagruk Hensley | Director | $81,536 | -$197,471 | -71% | Filing P/S | 26 Feb 2026 |
Top shareholders of Trilogy Metals Inc. (13F + 13D/G + 3/4/5)
Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.
Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
| Holder | Source | Role / Reporting | Ownership % | Shares | Holdings Value | 12M Net Δ | As of | Details |
|---|---|---|---|---|---|---|---|---|
| Electrum Group LLC |
13F
13D/G
|
Company · Electrum Strategic Opportunities Fund L.P. |
18%
from 13D/G
|
31,604,741
|
$136,216,434 | — | 31 Dec 2025 | |
| Thomas S. Kaplan |
3/4/5
|
10%+ Owner |
18%
|
31,604,741
|
$126,102,916 | — | 26 Dec 2025 | |
| Tidal Investments LLC |
13F
|
Company |
11%
|
18,752,440
|
$80,823,016 | — | 31 Dec 2025 | |
| Tony Giardini |
3/4/5
13D/G
|
President & CEO, Director |
5%
from 13D/G
|
9,913,728
mixed-class rows
|
$33,633,515 | — | 11 Dec 2025 | |
| Old West Investment Management, LLC |
13F
|
Company |
2.7%
|
4,679,087
|
$20,166,864 | — | 31 Dec 2025 | |
| Electrum Strategic Opportunities Fund L.P. |
3/4/5
|
10%+ Owner |
—
class O/S missing
|
31,604,741
|
$13,179,177 | — | 25 Apr 2023 | |
| Elaine Sanders |
3/4/5
|
VP & CFO |
—
mixed-class rows
|
3,637,895
mixed-class rows
|
$12,855,916 | — | 11 Dec 2025 | |
| South32 Ltd |
3/4/5
|
10%+ Owner |
—
class O/S missing
|
18,595,311
|
$7,754,245 | — | 25 Apr 2023 | |
| Goehring & Rozencwajg Associates, LLC |
13F
|
Company |
0.82%
|
1,408,204
|
$6,104,740 | — | 31 Dec 2025 | |
| JANE STREET GROUP, LLC |
13F
|
Company |
0.55%
|
941,892
|
$4,059,555 | — | 31 Dec 2025 | |
| ENVESTNET ASSET MANAGEMENT INC |
13F
|
Company |
0.54%
|
925,740
|
$3,989,939 | — | 31 Dec 2025 | |
| ALPS ADVISORS INC |
13F
|
Company |
0.39%
|
674,396
|
$2,906,647 | — | 31 Dec 2025 | |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP |
13F
|
Company |
0.38%
|
655,971
|
$2,827,235 | — | 31 Dec 2025 | |
| BANK OF AMERICA CORP /DE/ |
13F
|
Company |
0.21%
|
357,328
|
$1,540,084 | — | 31 Dec 2025 | |
| MILLENNIUM MANAGEMENT LLC |
13F
|
Company |
0.19%
|
328,446
|
$1,415,602 | — | 31 Dec 2025 | |
| TWO SIGMA INVESTMENTS, LP |
13F
|
Company |
0.19%
|
325,091
|
$1,401,142 | — | 31 Dec 2025 | |
| BlackRock, Inc. |
13F
|
Company |
0.17%
|
282,584
|
$1,217,937 | — | 31 Dec 2025 | |
| Gregory A. Lang |
3/4/5
|
Director |
—
mixed-class rows
|
951,032
mixed-class rows
|
$1,102,080 | -$333,100 | 11 Dec 2025 | |
| Walleye Capital LLC |
13F
|
Company |
0.15%
|
254,411
|
$1,096,511 | — | 31 Dec 2025 | |
| Janice Stairs |
3/4/5
|
Director |
—
mixed-class rows
|
1,217,699
mixed-class rows
|
$1,068,076 | — | 11 Dec 2025 | |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE |
13F
|
Company |
0.14%
|
245,439
|
$1,064,418 | — | 31 Dec 2025 | |
| Swiss National Bank |
13F
|
Company |
0.12%
|
212,100
|
$914,151 | — | 31 Dec 2025 | |
| MORGAN STANLEY |
13F
|
Company |
0.12%
|
198,430
|
$855,234 | — | 31 Dec 2025 | |
| William Beckwith Hayden |
3/4/5
|
Director |
—
mixed-class rows
|
915,894
mixed-class rows
|
$803,638 | — | 11 Dec 2025 | |
| Legacy Capital Group California, Inc. |
13F
|
Company |
0.1%
|
174,649
|
$752,737 | — | 31 Dec 2025 | |
| STATE STREET CORP |
13F
|
Company |
0.1%
|
168,538
|
$726,399 | — | 31 Dec 2025 | |
| GOLDMAN SACHS GROUP INC |
13F
|
Company |
0.09%
|
159,914
|
$689,229 | — | 31 Dec 2025 | |
| Point72 Asset Management, L.P. |
13F
|
Company |
0.08%
|
141,900
|
$611,589 | — | 31 Dec 2025 | |
| TD ASSET MANAGEMENT INC |
13F
|
Company |
0.08%
|
135,888
|
$588,856 | — | 31 Dec 2025 | |
| SPROTT INC. |
13F
|
Company |
0.08%
|
135,566
|
$584,289 | — | 31 Dec 2025 | |
| James Gowans |
3/4/5
|
Director |
—
mixed-class rows
|
847,889
mixed-class rows
|
$491,496 | — | 11 Dec 2025 | |
| VANGUARD GROUP INC |
13F
|
Company |
0.06%
|
99,298
|
$429,733 | — | 31 Dec 2025 | |
| MACKENZIE FINANCIAL CORP |
13F
|
Company |
0.06%
|
96,699
|
$416,417 | — | 31 Dec 2025 | |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM |
13F
|
Company |
0.06%
|
96,400
|
$415,484 | — | 31 Dec 2025 | |
| Legal & General Group Plc |
13F
|
Company |
0.05%
|
87,195
|
$375,812 | — | 31 Dec 2025 | |
| Rockefeller Capital Management L.P. |
13F
|
Company |
0.05%
|
87,049
|
$375,181 | — | 31 Dec 2025 | |
| Rangeley Capital, LLC |
13F
|
Company |
0.05%
|
87,000
|
$374,970 | — | 31 Dec 2025 | |
| Quantbot Technologies LP |
13F
|
Company |
0.05%
|
86,910
|
$374,582 | — | 31 Dec 2025 | |
| Diana J. Walters |
3/4/5
|
Director |
—
mixed-class rows
|
657,196
mixed-class rows
|
$363,674 | — | 23 Apr 2026 | |
| UBS Group AG |
13F
|
Company |
0.04%
|
71,308
|
$307,337 | — | 31 Dec 2025 | |
| Dynamic Technology Lab Private Ltd |
13F
|
Company |
0.04%
|
66,875
|
$288,000 | — | 31 Dec 2025 | |
| MARSHALL WACE, LLP |
13F
|
Company |
0.04%
|
64,657
|
$278,672 | — | 31 Dec 2025 | |
| Zurcher Kantonalbank (Zurich Cantonalbank) |
13F
|
Company |
0.04%
|
60,677
|
$261,518 | — | 31 Dec 2025 | |
| LPL Financial LLC |
13F
|
Company |
0.03%
|
54,506
|
$234,921 | — | 31 Dec 2025 | |
| JANUS HENDERSON GROUP PLC |
13F
|
Company |
0.03%
|
51,800
|
$222,999 | — | 31 Dec 2025 | |
| Targeted Financial Services LLC |
13F
|
Company |
0.03%
|
51,302
|
$221,112 | — | 31 Dec 2025 | |
| IMC-Chicago, LLC |
13F
|
Company |
0.03%
|
49,083
|
$211,548 | — | 31 Dec 2025 | |
| Total Wealth Planning & Management, Inc. |
13F
|
Company |
0.03%
|
45,220
|
$194,898 | — | 31 Dec 2025 | |
| Kalidas V Madhavpeddi |
3/4/5
|
Former Director |
—
class O/S missing
|
393,294
|
$192,714 | — | 17 May 2023 | |
| LEGACY CAPITAL WEALTH MANAGEMENT, LLC |
13F
|
Company |
0.03%
|
43,107
|
$185,791 | — | 31 Dec 2025 |
Recent Insider Transactions by Companies or Individuals for Trilogy Metals Inc.
Showing up to 300 most recent insider transactions from the last 12 months.
| Insider | Symbol | Class | Transaction | % | Value $ | * Price $ | Shares | Shares Owned | Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|
| Diana J. Walters | TMQ | Common Shares | Options Exercise | 97.5% | 50,000 | 101,302 | 23 Apr 2026 | Direct | ||
| Diana J. Walters | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -50,000 | 0 | 23 Apr 2026 | Direct | ||
| Diana J. Walters | TMQ | Deferred Share Units ("DSUs") | Award | 0.15% | 814 | 555,894 | 02 Mar 2026 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Common Shares | Sale | -57.5% | $110,471 | $4.40 | -25,107 | 18,531 | 26 Feb 2026 | Direct |
| Thomas Scott Kaplan | TMQ | Common Shares | Gift | -100% | -416,666 | 0 | 26 Dec 2025 | By spouse | ||
| Thomas Scott Kaplan | TMQ | Common Shares | Gift | -100% | -540,406 | 0 | 26 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Common Shares | Options Exercise | 0.45% | 15,000 | 3,347,895 | 11 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Options Exercise | -33.3% | -15,000 | 30,000 | 11 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Award | 45,000 | 45,000 | 11 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Employee Stock Option (Right to Buy) | Award | 260,000 | 260,000 | 11 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 0.69% | 60,000 | 8,758,728 | 11 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Options Exercise | -33.3% | -60,000 | 120,000 | 11 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Award | 180,000 | 180,000 | 11 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Employee Stock Option (Right to Buy) | Award | 360,000 | 360,000 | 11 Dec 2025 | Direct | |||
| Diana J. Walters | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| Janice Stairs | TMQ | Director Stock Option (Right to Buy) | Award | 65,000 | 65,000 | 11 Dec 2025 | Direct | |||
| Gregory A. Lang | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| William I. Iggiagruk Hensley | TMQ | Director Stock Option ("Right to Buy") | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| William Beckwith Hayden | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| James Gowans | TMQ | Director Stock Option (Right to Buy) | Award | 50,000 | 50,000 | 11 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Restricted Stock Units | Award | 175,000 | 175,000 | 09 Dec 2025 | Direct | |||
| Elaine Sanders | TMQ | Common Shares | Options Exercise | 5.82% | 183,334 | 3,332,895 | 07 Dec 2025 | Direct | ||
| Elaine Sanders | TMQ | Restricted Stock Units | Options Exercise | 183,334 | 0 | 07 Dec 2025 | Direct | |||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 4.4% | 366,668 | 8,698,728 | 07 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Restricted Stock Units | Options Exercise | -100% | -366,668 | 0 | 07 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Gift | -56.2% | -45,000 | 35,000 | 05 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -46.7% | $333,100 | $4.76 | -70,000 | 80,000 | 05 Dec 2025 | Direct |
| Gregory A. Lang | TMQ | Common Shares | Options Exercise | 50% | 50,000 | 150,000 | 05 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Employee Stock Option (Right to Buy) | Options Exercise | -100% | -50,000 | 0 | 05 Dec 2025 | Direct | ||
| Diana J. Walters | TMQ | Deferred Share Units ("DSUs") | Award | 0.62% | 3,429 | 555,080 | 01 Dec 2025 | Direct | ||
| Janice Stairs | TMQ | Deferred Share Units ("DSUs") | Award | 0.55% | 3,551 | 644,091 | 01 Dec 2025 | Direct | ||
| Gregory A. Lang | TMQ | Deferred Share Units ("DSUs") | Award | 0.51% | 3,123 | 614,032 | 01 Dec 2025 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Deferred Share Units ("DSUs") | Award | 0.61% | 3,123 | 517,469 | 01 Dec 2025 | Direct | ||
| William Beckwith Hayden | TMQ | Deferred Share Units ("DSUs") | Award | 0.59% | 2,816 | 483,209 | 01 Dec 2025 | Direct | ||
| James Gowans | TMQ | Deferred Share Units ("DSUs") | Award | 0.66% | 3,701 | 563,843 | 01 Dec 2025 | Direct | ||
| Tony Giardini | TMQ | Common Shares | Options Exercise | 15.6% | 1,123,400 | 8,332,060 | 16 Oct 2025 | Direct | ||
| Tony Giardini | TMQ | Employee Stock Options (Right to Buy) | Options Exercise | -100% | -900,000 | 0 | 16 Oct 2025 | Direct | ||
| Tony Giardini | TMQ | Employee Stock Option (Right to Buy) | Options Exercise | -100% | -223,400 | 0 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Common Shares | Sale | -29.9% | -100,000 | 234,046 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Common Shares | Options Exercise | 42.7% | 100,000 | 334,046 | 16 Oct 2025 | Direct | ||
| James Gowans | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -100,000 | 0 | 16 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Common Shares | Sale | -9.05% | -50,613 | 508,608 | 09 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Common Shares | Options Exercise | 21.8% | 100,000 | 558,771 | 09 Oct 2025 | Direct | ||
| Janice Stairs | TMQ | Director Stock Option (Right to Buy) | Options Exercise | -100% | -100,000 | 0 | 09 Oct 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -32.1% | -119,181 | 252,000 | 09 Oct 2025 | Family Trust | ||
| Gregory A. Lang | TMQ | Common Shares | Sale | -33.3% | -50,000 | 100,000 | 09 Oct 2025 | Direct | ||
| Gregory A. Lang | TMQ | Common Shares | Options Exercise | 50% | 50,000 | 150,000 | 09 Oct 2025 | Direct | ||
| Gregory A. Lang | TMQ | Employee Stock Option (Right to Buy) | Options Exercise | -100% | -50,000 | 0 | 09 Oct 2025 | Direct | ||
| William Beckwith Hayden | TMQ | Common Shares | Sale | -34.3% | -200,000 | 382,685 | 09 Oct 2025 | Direct | ||
| William I. Iggiagruk Hensley | TMQ | Common Shares | Sale | -69.6% | -100,000 | 43,638 | 08 Oct 2025 | Direct |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.