Rhea-AI Filing Summary
TRIO-TECH INTERNATIONAL senior corporate vice president and COO (Testing) Lim Hwee Poh received a grant of stock options covering 5,000 shares of common stock. The options have an exercise price of $9.74 per share and expire on July 6, 2031. According to the footnote, 1,250 of these options vest on the grant date, with the remaining 3,750 vesting in three equal annual installments thereafter. Following this award, the filing shows 5,000 derivative securities held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Holdings After Transaction: Common Stock (Right to Buy) — 5,000 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock options granted: 5,000 options Exercise price: $9.74 per share Expiration date: July 6, 2031 +3 more
Stock options granted 5,000 options Grant to Lim Hwee Poh on July 7, 2026
Exercise price $9.74 per share Stock option strike price
Expiration date July 6, 2031 Stock options expiry
Immediate vesting portion 1,250 options Vest on grant date per footnote
Remaining vesting schedule 3,750 options Vest in three equal annual installments
Holdings after grant 5,000 derivative securities Total options held directly after transaction
Key Terms
stock options, vest, exercise price, derivative securities
stock options financial
"1,250 of the stock options vest on the date of the grant"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vest financial
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercise price financial
"The options have an exercise price of $9.74 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
derivative securities financial
"the filing shows 5,000 derivative securities held directly"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
FAQ
What did Trio-Tech International (TRT) report in this Form 4 filing?
Trio-Tech International reported a stock option grant to senior corporate vice president and COO (Testing) Lim Hwee Poh for 5,000 shares at a $9.74 exercise price, expiring July 6, 2031, as part of equity-based compensation.
How many stock options were granted to Lim Hwee Poh at Trio-Tech (TRT)?
The filing shows a grant of 5,000 stock options to Lim Hwee Poh. These options are rights to buy Trio-Tech common stock at a fixed $9.74 exercise price, with vesting spread between the grant date and three subsequent annual installments.
What is the exercise price and expiration date of the TRT stock options granted?
The granted stock options carry a $9.74 per share exercise price and expire on July 6, 2031. This means the holder may purchase shares at $9.74 any time after vesting until that expiration date, subject to plan terms.
How do the Trio-Tech (TRT) stock options granted to Lim Hwee Poh vest?
According to the footnote, 1,250 stock options vest on the grant date, while the remaining 3,750 vest in three equal annual installments. This creates a multi-year vesting schedule that encourages continued service with Trio-Tech International.
What are Lim Hwee Poh’s reported holdings after this Trio-Tech (TRT) option grant?
After the transaction, the Form 4 shows Lim Hwee Poh holding 5,000 derivative securities directly. These represent stock options tied to Trio-Tech common shares, reflecting the full amount of the newly granted award outstanding after the grant.