Filing Details

Accession Number:
0001493152-24-004809
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-02 18:06:52
Reporting Period:
2024-01-31
Accepted Time:
2024-02-02 18:06:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1898766 Trio Petroleum Corp. TPET () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1415554 C Frank Ingriselli 4115 Blackhawk Plaza Circle, Suite 100
Danville CA 94506
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-01-31 362,704 $0.17 237,296 No 4 S Indirect see footnote
Common Stock Disposition 2024-02-01 137,296 $0.25 100,000 No 4 S Indirect see footnote
Common Stock Disposition 2024-01-31 150,000 $0.17 0 No 4 S Indirect see footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect see footnote
No 4 S Indirect see footnote
No 4 S Indirect see footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 407,000 Indirect see footnote
Common Stock 370,000 Direct
Footnotes
  1. These shares of common stock were sold pursuant to a 10b5-1 plan that the reporting person and Global Venture Investments LLC ("GVI") entered into on October 25, 2023. Mr. Ingriselli holds 100% of the membership interests of GVI and, as a result, is deemed to hold investment and voting control over those shares. On January 31, 2024 GVI sold 362,704 shares of common stock and then sold an additional 137,296 shares of common stock on February 1, 2024. Prior to these sales GVI held 600,000 shares of common stock of the issuer. The address of GVI is 4115 Blackhawk Plaza Circle, Suite 100, Danville, CA 94506. Mr. Ingriselli may be deemed to have beneficial ownership of the shares of common stock held by GVI. Mr. Ingriselli disclaims beneficial ownership of the shares of common stock held by GVI reported herein, except to the extent of his pecuniary interest therein.
  2. These shares of common stock were sold pursuant to a 10b5-1 plan that the reporting person and his wife, Sung Jin Ingriselli, entered into on October 25, 2023. Ms. Ingriselli sold 150,000 shares of common stock of the issuer. After this sale, Ms. Ingriselli no longer holds any shares of common stock of the issuer. The address of Ms. Ingriselli is 34 Magnolia Place, Danville, CA 94506. Mr. Ingriselli may be deemed to have had beneficial ownership of these shares of common stock.
  3. Consists of 407,000 shares of common stock of the issuer owned by Brightening Lives Foundation Inc. ("BLF"), for which Mr. Ingriselli is the Chief Executive Officer and holds investment and voting control over such shares. The address of BLF is 9000 Crow Canyon Road, Suite 362, Danville, CA 94506. Mr. Ingriselli may be deemed to have beneficial ownership of the shares of common stock held by BLF. Mr. Ingriselli disclaims beneficial ownership of the shares of common stock held by BLF reported herein, except to the extent of his pecuniary interest therein.