Trio Petroleum shares fall 10.02% intraday as CEO sells $33k in shares.
ByAinvest
Thursday, Jan 15, 2026 3:56 pm ET1min read
TPET--
Trio Petroleum Corp. fell 10.02% intraday after its CEO, Robin A. Ross, sold $33,000 in shares on January 14, 2026, per a Form 4 filing. Insider selling by a top executive often signals reduced confidence in the company’s near-term prospects, potentially triggering investor uncertainty and profit-taking. While other news, such as Trio’s recent asset acquisitions and operational updates, remain relevant to its long-term strategy, they did not align with the intraday selloff. The CEO’s transaction directly preceded the sharp decline, suggesting market participants interpreted the insider activity as a bearish signal.
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