SEC Form 4 · accession 0001193125-26-378380
Trilogy Metals Inc. · TMQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
South32 Ltd
10% Owner
Period of report
Aug 28, 2026
Accepted (ET)
Sep 1, 2026 · 4:05 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001543418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Aug 28, 2026 | S | 8,215,570 | $2.17 | D | 10,379,741 | I | By wholly-owned subsidiary |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are owned directly by South32 International Investment Holdings Proprietary Limited, which is a wholly-owned subsidiary of South32 Limited. South32 Limited is an indirect beneficial owner of the reported securities.
- F2Pursuant to the terms of a Transaction Agreement dated August 28, 2026, by and between South32 International Investment Holdings Pty Ltd ("South32 International") and the United States Department of Defense, South32 International agreed to sell 8,215,570 common shares of the Issuer to the Investor for $17,827,785.90 in a private transaction.