Trio Petroleum shares fall 10.91% after-hours as CEO Robin Ross sells $33,000 in shares, signaling potential loss of confidence.
ByAinvest
Thursday, Jan 15, 2026 5:22 pm ET1min read
TPET--
Trio Petroleum Corp. fell 10.91% in after-hours trading following reports that CEO Robin A. Ross sold $33,000 in shares on January 14, 2026, as disclosed in a Form 4 filing. The insider sale, involving 37,500 shares, raised concerns about management’s confidence in the company’s near-term prospects, triggering a sell-off. While the firm has previously announced asset acquisitions and operational updates, these developments were overshadowed by the immediate bearish signal from the executive’s divestment. The lack of other material news events aligning with the sharp decline further supports the conclusion that the CEO’s sale was the primary driver of the after-hours selloff.
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