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[8-K] Trio Petroleum Corp. Reports Material Event

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8-K
Rhea-AI Filing Summary

On 1-Aug-2025, Trio Petroleum Corp. (NYSE American: TPET) filed an 8-K disclosing leadership changes and new executive compensation.

  • Resignation: Vice-Chairman & Director Stanford Eschner resigned effective 1-Aug-2025; the company states the move was not due to any disagreement.
  • Consulting deal: Eschner will remain as consultant through 31-Dec-2025, earning $4,267 per month plus a one-time grant of 15,000 common shares under the 2022 Equity Incentive Plan.
  • CEO pay rise: Robin Ross鈥檚 base salary increases to $400,000 from $300,000. He will also receive a 625,000-share equity award and a $150,000 cash bonus, to be documented in an amended employment agreement.
  • CFO award: Gregory Overholtzer is granted 62,500 shares.

Total new equity issuances equal 702,500 shares. No operating or financial performance metrics were provided. The actions increase near-term cash expense and equity dilution but retain key personnel and advisory input.

Il 1掳 agosto 2025, Trio Petroleum Corp. (NYSE American: TPET) ha presentato un modulo 8-K comunicando cambiamenti nella leadership e nuove compensazioni esecutive.

  • Dimissioni: Il Vicepresidente e Direttore Stanford Eschner si 猫 dimesso con effetto dal 1掳 agosto 2025; la societ脿 specifica che la decisione non 猫 dovuta a disaccordi.
  • Accordo di consulenza: Eschner rimarr脿 consulente fino al 31 dicembre 2025, percependo 4.267 dollari al mese pi霉 una concessione una tantum di 15.000 azioni ordinarie secondo il Piano di Incentivi Azionari 2022.
  • Aumento stipendio CEO: Il salario base di Robin Ross aumenta da 300.000 a 400.000 dollari. Ricever脿 inoltre un premio azionario di 625.000 azioni e un bonus in contanti di 150.000 dollari, che saranno formalizzati in un contratto di lavoro modificato.
  • Premio CFO: A Gregory Overholtzer sono assegnate 62.500 azioni.

Il totale delle nuove emissioni azionarie ammonta a 702.500 azioni. Non sono stati forniti parametri operativi o finanziari. Le azioni comportano un aumento delle spese di cassa a breve termine e una diluizione delle azioni, ma permettono di mantenere personale chiave e consulenze.

El 1 de agosto de 2025, Trio Petroleum Corp. (NYSE American: TPET) present贸 un formulario 8-K anunciando cambios en el liderazgo y nuevas compensaciones ejecutivas.

  • Renuncia: El vicepresidente y director Stanford Eschner renunci贸 con efecto a partir del 1 de agosto de 2025; la empresa aclara que la decisi贸n no se debi贸 a ning煤n desacuerdo.
  • Acuerdo de consultor铆a: Eschner continuar谩 como consultor hasta el 31 de diciembre de 2025, recibiendo 4,267 d贸lares mensuales m谩s una concesi贸n 煤nica de 15,000 acciones comunes bajo el Plan de Incentivos de Capital 2022.
  • Aumento salarial del CEO: El salario base de Robin Ross sube de 300,000 a 400,000 d贸lares. Tambi茅n recibir谩 una asignaci贸n accionaria de 625,000 acciones y un bono en efectivo de 150,000 d贸lares, que se documentar谩 en un contrato de empleo enmendado.
  • Premio al CFO: A Gregory Overholtzer se le otorgan 62,500 acciones.

El total de nuevas emisiones de acciones es de 702,500. No se proporcionaron m茅tricas operativas o financieras. Estas acciones aumentan los gastos de efectivo a corto plazo y la diluci贸n accionaria, pero mantienen al personal clave y el asesoramiento.

2025雲� 8鞗� 1鞚�, Trio Petroleum Corp. (NYSE American: TPET)鞚� 8-K 氤搓碃靹滊ゼ 鞝滌稖頃橃棳 瓴届榿歆� 甑愳泊 氚� 靸堧鞖� 鞛勳洂 氤挫儊 雮挫毄鞚� 瓿店皽頄堨姷雼堧嫟.

  • 靷瀯: 攵�須岇灔 瓴� 鞚挫偓鞚� Stanford Eschner臧� 2025雲� 8鞗� 1鞚茧秬搿� 靷瀯頄堨溂氅�, 須岇偓電� 鞚� 瓴办爼鞚� 鞏措枲頃� 鞚橁铂 攵堨澕旃� 霑岆鞚� 鞎勲嫎鞚� 氇呾嫓頄堨姷雼堧嫟.
  • 旎劋韺� 瓿勳暯: Eschner電� 2025雲� 12鞗� 31鞚缄箤歆� 旎劋韯错姼搿� 雮晞 鞗� 4,267雼煬毳� 氚涥碃, 2022雲� 欤检嫕 鞚胳劶韹半笇 頂岆灉鞐� 霐半澕 15,000欤� 鞚茧皹欤检嫕 鞚柬殞靹� 攵�鞐ゼ 氚涭姷雼堧嫟.
  • CEO 旮夓棳 鞚胳儊: Robin Ross鞚� 旮半掣 旮夓棳臧� 30毵� 雼煬鞐愳劀 40毵� 雼煬搿� 鞚胳儊霅╇媹雼�. 霕愴暅 625,000欤� 欤检嫕 氤挫儊瓿� 15毵� 雼煬 順勱笀 氤措剤鞀るゼ 氚涭溂氅�, 鞚措姅 靾橃爼霅� 瓿犾毄 瓿勳暯靹滌棎 氇呾嫓霅� 鞓堨爼鞛呺媹雼�.
  • CFO 氤挫儊: Gregory Overholtzer鞐愱矊 62,500欤缄皜 攵�鞐惄雼堧嫟.

齑� 鞁犼窚 欤检嫕 氚滍枆霟夓潃 702,500欤检瀰雼堧嫟. 鞖挫榿 霕愲姅 鞛 靹标臣 歆�響滊姅 鞝滉车霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 臁办箻電� 雼赴 順勱笀 牍勳毄瓿� 欤检嫕 頋劃鞚� 歃濌皜鞁滍偆歆�毵� 頃奠嫭 鞚鸽牓瓿� 鞛愲鞚� 鞙犾頃橂姅 雿� 旮办棳頃╇媹雼�.

Le 1er ao没t 2025, Trio Petroleum Corp. (NYSE American : TPET) a d茅pos茅 un formulaire 8-K annon莽ant des changements 脿 la direction et une nouvelle r茅mun茅ration des cadres.

  • D茅mission : Le vice-pr茅sident et administrateur Stanford Eschner a d茅missionn茅 avec effet au 1er ao没t 2025 ; la soci茅t茅 pr茅cise que cette d茅cision n鈥檈st pas li茅e 脿 un d茅saccord.
  • Contrat de conseil : Eschner restera consultant jusqu鈥檃u 31 d茅cembre 2025, percevant 4 267 $ par mois ainsi qu鈥檜ne attribution unique de 15 000 actions ordinaires dans le cadre du Plan d鈥檌ncitation en actions 2022.
  • Augmentation du salaire du PDG : Le salaire de base de Robin Ross passe de 300 000 $ 脿 400 000 $. Il recevra 茅galement une attribution de 625 000 actions et un bonus en esp猫ces de 150 000 $, qui seront formalis茅s dans un contrat de travail modifi茅.
  • Attribution au CFO : Gregory Overholtzer se voit attribuer 62 500 actions.

Le total des nouvelles 茅missions d鈥檃ctions s鈥櫭﹍猫ve 脿 702 500 actions. Aucun indicateur de performance op茅rationnelle ou financi猫re n鈥檃 茅t茅 communiqu茅. Ces mesures augmentent les d茅penses de tr茅sorerie 脿 court terme et la dilution des actions, mais permettent de conserver des personnels cl茅s et des conseils.

Am 1. August 2025 reichte Trio Petroleum Corp. (NYSE American: TPET) ein 8-K ein, in dem F眉hrungswechsel und neue Verg眉tungen f眉r F眉hrungskr盲fte bekannt gegeben wurden.

  • 搁眉肠办迟谤颈迟迟: Vize-Vorsitzender und Direktor Stanford Eschner trat zum 1. August 2025 zur眉ck; das Unternehmen betont, dass dies nicht aufgrund von Meinungsverschiedenheiten geschah.
  • Beratungsvertrag: Eschner bleibt bis zum 31. Dezember 2025 als Berater t盲tig und erh盲lt 4.267 USD monatlich sowie eine einmalige Zuteilung von 15.000 Stammaktien gem盲脽 dem Aktienanreizplan 2022.
  • Gehaltserh枚hung CEO: Das Grundgehalt von Robin Ross steigt von 300.000 auf 400.000 USD. Zudem erh盲lt er eine Aktienzuteilung von 625.000 Aktien und einen Barauszahlungsbonus von 150.000 USD, der in einem ge盲nderten Arbeitsvertrag festgehalten wird.
  • CFO-Auszeichnung: Gregory Overholtzer erh盲lt 62.500 Aktien.

Die Gesamtzahl der neuen Aktienausgaben bel盲uft sich auf 702.500 Aktien. Es wurden keine operativen oder finanziellen Leistungskennzahlen angegeben. Die Ma脽nahmen erh枚hen kurzfristig die Barausgaben und die Verw盲sserung der Aktien, sichern jedoch wichtige Mitarbeiter und Beratung.

Positive
  • No stated disagreements accompanying Stanford Eschner鈥檚 resignation, reducing governance concern
  • Continued access to Eschner鈥檚 expertise through a consulting agreement ensures knowledge transfer and project continuity
Negative
  • 702,500 new shares issued under equity awards create shareholder dilution
  • CEO salary increase to $400k and $150k cash bonus raise fixed and variable costs without linked performance metrics
  • Additional consulting fees of $4,267 per month add to near-term cash outflow

Insights

TL;DR 鈥� Routine executive pay uptick and director exit; limited strategic impact, mild dilution.

The 8-K centers on personnel matters rather than operating performance. Eschner鈥檚 departure is softened by an immediate consulting role, mitigating knowledge loss. The absence of disagreement language reduces governance risk. However, the package for Ross (salary + 625k shares + $150k bonus) and the 62.5k-share grant to the CFO enlarge compensation costs and dilute existing shareholders by issuing roughly 0.7 million new shares, modest for a micro-cap but material given TPET鈥檚 small float. No offsetting performance metrics or cost-saving measures are disclosed. Overall impact is governance-neutral and financially slightly negative.

Il 1掳 agosto 2025, Trio Petroleum Corp. (NYSE American: TPET) ha presentato un modulo 8-K comunicando cambiamenti nella leadership e nuove compensazioni esecutive.

  • Dimissioni: Il Vicepresidente e Direttore Stanford Eschner si 猫 dimesso con effetto dal 1掳 agosto 2025; la societ脿 specifica che la decisione non 猫 dovuta a disaccordi.
  • Accordo di consulenza: Eschner rimarr脿 consulente fino al 31 dicembre 2025, percependo 4.267 dollari al mese pi霉 una concessione una tantum di 15.000 azioni ordinarie secondo il Piano di Incentivi Azionari 2022.
  • Aumento stipendio CEO: Il salario base di Robin Ross aumenta da 300.000 a 400.000 dollari. Ricever脿 inoltre un premio azionario di 625.000 azioni e un bonus in contanti di 150.000 dollari, che saranno formalizzati in un contratto di lavoro modificato.
  • Premio CFO: A Gregory Overholtzer sono assegnate 62.500 azioni.

Il totale delle nuove emissioni azionarie ammonta a 702.500 azioni. Non sono stati forniti parametri operativi o finanziari. Le azioni comportano un aumento delle spese di cassa a breve termine e una diluizione delle azioni, ma permettono di mantenere personale chiave e consulenze.

El 1 de agosto de 2025, Trio Petroleum Corp. (NYSE American: TPET) present贸 un formulario 8-K anunciando cambios en el liderazgo y nuevas compensaciones ejecutivas.

  • Renuncia: El vicepresidente y director Stanford Eschner renunci贸 con efecto a partir del 1 de agosto de 2025; la empresa aclara que la decisi贸n no se debi贸 a ning煤n desacuerdo.
  • Acuerdo de consultor铆a: Eschner continuar谩 como consultor hasta el 31 de diciembre de 2025, recibiendo 4,267 d贸lares mensuales m谩s una concesi贸n 煤nica de 15,000 acciones comunes bajo el Plan de Incentivos de Capital 2022.
  • Aumento salarial del CEO: El salario base de Robin Ross sube de 300,000 a 400,000 d贸lares. Tambi茅n recibir谩 una asignaci贸n accionaria de 625,000 acciones y un bono en efectivo de 150,000 d贸lares, que se documentar谩 en un contrato de empleo enmendado.
  • Premio al CFO: A Gregory Overholtzer se le otorgan 62,500 acciones.

El total de nuevas emisiones de acciones es de 702,500. No se proporcionaron m茅tricas operativas o financieras. Estas acciones aumentan los gastos de efectivo a corto plazo y la diluci贸n accionaria, pero mantienen al personal clave y el asesoramiento.

2025雲� 8鞗� 1鞚�, Trio Petroleum Corp. (NYSE American: TPET)鞚� 8-K 氤搓碃靹滊ゼ 鞝滌稖頃橃棳 瓴届榿歆� 甑愳泊 氚� 靸堧鞖� 鞛勳洂 氤挫儊 雮挫毄鞚� 瓿店皽頄堨姷雼堧嫟.

  • 靷瀯: 攵�須岇灔 瓴� 鞚挫偓鞚� Stanford Eschner臧� 2025雲� 8鞗� 1鞚茧秬搿� 靷瀯頄堨溂氅�, 須岇偓電� 鞚� 瓴办爼鞚� 鞏措枲頃� 鞚橁铂 攵堨澕旃� 霑岆鞚� 鞎勲嫎鞚� 氇呾嫓頄堨姷雼堧嫟.
  • 旎劋韺� 瓿勳暯: Eschner電� 2025雲� 12鞗� 31鞚缄箤歆� 旎劋韯错姼搿� 雮晞 鞗� 4,267雼煬毳� 氚涥碃, 2022雲� 欤检嫕 鞚胳劶韹半笇 頂岆灉鞐� 霐半澕 15,000欤� 鞚茧皹欤检嫕 鞚柬殞靹� 攵�鞐ゼ 氚涭姷雼堧嫟.
  • CEO 旮夓棳 鞚胳儊: Robin Ross鞚� 旮半掣 旮夓棳臧� 30毵� 雼煬鞐愳劀 40毵� 雼煬搿� 鞚胳儊霅╇媹雼�. 霕愴暅 625,000欤� 欤检嫕 氤挫儊瓿� 15毵� 雼煬 順勱笀 氤措剤鞀るゼ 氚涭溂氅�, 鞚措姅 靾橃爼霅� 瓿犾毄 瓿勳暯靹滌棎 氇呾嫓霅� 鞓堨爼鞛呺媹雼�.
  • CFO 氤挫儊: Gregory Overholtzer鞐愱矊 62,500欤缄皜 攵�鞐惄雼堧嫟.

齑� 鞁犼窚 欤检嫕 氚滍枆霟夓潃 702,500欤检瀰雼堧嫟. 鞖挫榿 霕愲姅 鞛 靹标臣 歆�響滊姅 鞝滉车霅橃 鞎婌晿鞀惦媹雼�. 鞚措矆 臁办箻電� 雼赴 順勱笀 牍勳毄瓿� 欤检嫕 頋劃鞚� 歃濌皜鞁滍偆歆�毵� 頃奠嫭 鞚鸽牓瓿� 鞛愲鞚� 鞙犾頃橂姅 雿� 旮办棳頃╇媹雼�.

Le 1er ao没t 2025, Trio Petroleum Corp. (NYSE American : TPET) a d茅pos茅 un formulaire 8-K annon莽ant des changements 脿 la direction et une nouvelle r茅mun茅ration des cadres.

  • D茅mission : Le vice-pr茅sident et administrateur Stanford Eschner a d茅missionn茅 avec effet au 1er ao没t 2025 ; la soci茅t茅 pr茅cise que cette d茅cision n鈥檈st pas li茅e 脿 un d茅saccord.
  • Contrat de conseil : Eschner restera consultant jusqu鈥檃u 31 d茅cembre 2025, percevant 4 267 $ par mois ainsi qu鈥檜ne attribution unique de 15 000 actions ordinaires dans le cadre du Plan d鈥檌ncitation en actions 2022.
  • Augmentation du salaire du PDG : Le salaire de base de Robin Ross passe de 300 000 $ 脿 400 000 $. Il recevra 茅galement une attribution de 625 000 actions et un bonus en esp猫ces de 150 000 $, qui seront formalis茅s dans un contrat de travail modifi茅.
  • Attribution au CFO : Gregory Overholtzer se voit attribuer 62 500 actions.

Le total des nouvelles 茅missions d鈥檃ctions s鈥櫭﹍猫ve 脿 702 500 actions. Aucun indicateur de performance op茅rationnelle ou financi猫re n鈥檃 茅t茅 communiqu茅. Ces mesures augmentent les d茅penses de tr茅sorerie 脿 court terme et la dilution des actions, mais permettent de conserver des personnels cl茅s et des conseils.

Am 1. August 2025 reichte Trio Petroleum Corp. (NYSE American: TPET) ein 8-K ein, in dem F眉hrungswechsel und neue Verg眉tungen f眉r F眉hrungskr盲fte bekannt gegeben wurden.

  • 搁眉肠办迟谤颈迟迟: Vize-Vorsitzender und Direktor Stanford Eschner trat zum 1. August 2025 zur眉ck; das Unternehmen betont, dass dies nicht aufgrund von Meinungsverschiedenheiten geschah.
  • Beratungsvertrag: Eschner bleibt bis zum 31. Dezember 2025 als Berater t盲tig und erh盲lt 4.267 USD monatlich sowie eine einmalige Zuteilung von 15.000 Stammaktien gem盲脽 dem Aktienanreizplan 2022.
  • Gehaltserh枚hung CEO: Das Grundgehalt von Robin Ross steigt von 300.000 auf 400.000 USD. Zudem erh盲lt er eine Aktienzuteilung von 625.000 Aktien und einen Barauszahlungsbonus von 150.000 USD, der in einem ge盲nderten Arbeitsvertrag festgehalten wird.
  • CFO-Auszeichnung: Gregory Overholtzer erh盲lt 62.500 Aktien.

Die Gesamtzahl der neuen Aktienausgaben bel盲uft sich auf 702.500 Aktien. Es wurden keine operativen oder finanziellen Leistungskennzahlen angegeben. Die Ma脽nahmen erh枚hen kurzfristig die Barausgaben und die Verw盲sserung der Aktien, sichern jedoch wichtige Mitarbeiter und Beratung.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 1, 2025

 

Trio Petroleum Corp.
(Exact name of registrant as specified in its charter)

 

Delaware   001-41643   87-1968201

(State or other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

5401 Business Park, Suite 115

Bakersfield, CA 93309

(661) 324-3911

(Address and telephone number, including area code, of registrant’s principal executive offices)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   TPET   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Resignation of Stanford Eschner as the Company’s Vice Chairman and a Director

 

On August 1, 2025, during a meeting of the board of directors (the “Board”) of Trio Petroleum Corp. (the “Company”), Stanford Eschner tendered his resignation as Vice Chairman and a director of the Company, effective as of August 1, 2025, which resignation was accepted by the Board. Mr. Eschner’s decision to resign as a director was not the result of any disagreements between Mr. Eschner, on the one hand, and the Company’s management or Board, on the other hand, as to any matter relating to the Company’s operations, policies, or practices.

 

Additionally, the Board authorized and approved the Company’s engagement of Mr. Eschner as consultant to the Company from August 1, 2025 to December 31, 2025 and the Compensation Committee of the Board of Directors (the “Compensation Committee”) authorized and approved payment to Mr. Eschner of $4,267 per month, during the term of his service as a consultant to the Company and a one-time issuance of 15,000 shares of common stock, par value $0.0001 per share of the Company (“Common Stock”), pursuant to the Company’s 2022 Equity Incentive Plan (the “2022 Plan”).

 

The Company entered into a Consulting Agreement, effective as of August 1, 2025 (the “Consulting Agreement”), which sets forth the services to be provided by Mr. Eschner through December 31, 2025, the compensation payable to Mr. Eschner therefor, and the other applicable terms relating to the consulting engagement.

 

The above description of the Consulting Agreement is qualified in its entirety by the text of the Consulting Agreement, a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K (this “8-K”).

 

Compensation Payable to Robin Ross, the Company’s Chief Executive Officer

 

On August 1, 2025, the Compensation Committee, in recognition of Robin Ross’s significant contributions to the Company, since he was appointed the Chief Executive Officer of the Company, authorized and approved an increase in his base salary from a rate of $300,000 per year to $400,000 per year, effective as of August 1, 2025. Additionally, the Compensation Committee also authorized and approved a one-time award of 625,000 shares of Common Stock to Mr. Ross, pursuant to the 2022 Plan. The terms of the increase in Mr. Ross’s compensation and the one-time issuance of shares of Common Stock will be memorialized in an amendment to Mr. Ross’s Executive Employment Agreement, which was effective as of July 11, 2024 (the “Ross Employment Agreement”) to be entered into by the Company and Mr. Ross, promptly after the filing of this 8-K.

 

Additionally, the Compensation Committee, pursuant to the provisions of Section 4 of the Ross Employment Agreement, also authorized and approved a cash bonus payable to Mr. Ross, in the amount of $150,000, to be paid at such time as determined by the Board.

 

Compensation Payable to Gregory Overholtzer, the Company’s Chief Financial Officer

 

On August 1, 2025, the Compensation Committee authorized and approved a one-time award of 62,500 shares of Common Stock to Gregory Overholtzer, the Company’s Chief Financial Officer, pursuant to the 2022 Plan. The terms of the one-time issuance of shares of Common Stock will be memorialized in an agreement to be entered into between the Company and Mr. Overholtzer, promptly after the filing of this 8-K.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit Number   Exhibit
10,1   Consulting Agreement, effective as of August 1, 2025, between the Company and Stanford Eschner
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Trio Petroleum Corp.
     
Date: August 5, 2025 By: /s/ Robin Ross
  Name: Robin Ross
  Title: Chief Executive Officer

 

3

 

 

Source:

FAQ

Why did Stanford Eschner resign from Trio Petroleum (TPET)?

The 8-K states Mr. Eschner resigned effective 1-Aug-2025 and that the decision was not due to any disagreement with management or the board.

What compensation will Eschner receive as a consultant?

He will earn $4,267 per month from 1-Aug-2025 to 31-Dec-2025 and a one-time grant of 15,000 TPET shares.

How much did CEO Robin Ross鈥檚 salary increase?

His base salary rose from $300,000 to $400,000 per year effective 1-Aug-2025.

How many shares were granted to TPET executives in total?

A combined 702,500 shares were issued: 625,000 to the CEO, 62,500 to the CFO, and 15,000 to Mr. Eschner.

Will the CEO receive additional cash compensation?

Yes, the Compensation Committee approved a $150,000 cash bonus for Robin Ross, timing to be determined by the board.

When does Eschner鈥檚 consulting agreement end?

The agreement runs through 31-Dec-2025.
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TRIO PETROLEUM CORP

NYSE:TPET

TPET Rankings

#9946 Ranked by Market Cap
N/A Ranked by Dividends

TPET Latest News

Aug 7, 2025
Trio Provides Operational Update
May 23, 2025
Trio to suspend operations at McCool Ranch
May 21, 2025
Trio completes acquisition of cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada
May 20, 2025
Trio enters into Letter of Intent to acquire 2000 acres in P.R. Spring Utah, one of largest tar-sand deposits in North America outside of Canada.
Apr 10, 2025
Trio acquires producing cash flow positive oil and gas assets in prolific heavy oil region of Saskatchewan Canada

TPET Latest SEC Filings

Jul 31, 2025
[8-K] Trio Petroleum Corp. Reports Material Event
Jun 25, 2025
[144] Trio Petroleum Corp. SEC Filing

TPET Stock Data

8.58M
7.17M
3.95%
3.7%
5.45%
Oil & Gas E&P
Crude Petroleum & Natural Gas
United States
BAKERSFIELD