← United States · Coverage record
US · SEC FORM 4
Trilogy Metals Inc.
TMQ · NYSE · CIK 0001543418 · Basic Materials · Other Industrial Metals & Mining
INSIDER SIGNAL
0 qualifying P purchase groups
in the current 180-day scoring window
4 Form 4 transaction lines observed in the same window
2 sales · 2 option, withholding, award, gift or other lines
WHY NO ACTIVE SIGNAL?
Score anatomy
No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.
Why is there no score?
- No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
- Sales and other Form 4 activity remain visible as context and do not create a negative score.
Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
—
Purchase breadth, concentration & cluster buying
These modules activate when qualifying purchases enter the 180-day research window.
SIGNAL HISTORY
Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2023-04-25 · South32 International Investment Holdings Proprietary Ltd; South32 Ltd.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 6,922,860
- Previous report
- 7,451,756
- Avg daily volume
- 1,160,269
- Days to cover
- 6.0
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2023-04-25 | South32 International Investment Holdings Proprietary Ltd; South32 Ltd | Purchase (P) | Common Stock | 2,181,818 | USD 0.55 | USD 1,200,000 | SEC filing ↗ |
| 2023-04-25 | ESOF GP Ltd.; Electrum Group LLC; Electrum Strategic Opportunities Fund L.P.; KAPLAN THOMAS SCOTT | Purchase (P) | Common Shares | 2,181,818 | USD 0.55 | USD 1,200,000 | SEC filing ↗ |
| 2022-02-25 | Giardini Tony | Purchase (P) | Common Shares | 50,000 | USD 0.95 | USD 47,500 | SEC filing ↗ |
| 2022-02-24 | Giardini Tony | Purchase (P) | Common Shares | 50,000 | USD 0.94 | USD 47,000 | SEC filing ↗ |
| 2020-12-11 | WALTERS DIANA J | Purchase (P) | Common Shares | 2,000 | USD 1.83 | USD 3,660 | SEC filing ↗ |
| 2020-12-10 | Hensley William L. Iggiagruk | Purchase (P) | Common Shares | 5,000 | USD 1.93 | USD 9,671 | SEC filing ↗ |
| 2020-11-02 | Giardini Tony | Purchase (P) | Common Shares | 200,000 | USD 1.45 | USD 290,000 | SEC filing ↗ |
| 2020-06-24 | PAULSON & CO. INC. | Purchase (P) | Common Shares, no par value | 195,514 | USD 1.83 | USD 357,769 | SEC filing ↗ |
| 2020-03-10 | WALTERS DIANA J | Purchase (P) | Common Shares | 8,000 | USD 1.30 | USD 10,400 | SEC filing ↗ |
| 2020-03-10 | Gowans James | Purchase (P) | Common Shares | 1,000 | USD 1.27 | USD 1,270 | SEC filing ↗ |
| 2020-03-09 | Gowans James | Purchase (P) | Common Shares | 5,500 | USD 1.36 | USD 7,480 | SEC filing ↗ |
| 2020-03-06 | Gowans James | Purchase (P) | Common Shares | 4,000 | USD 1.49 | USD 5,960 | SEC filing ↗ |
| 2020-03-05 | Gowans James | Purchase (P) | Common Shares | 10,300 | USD 1.55 | USD 15,965 | SEC filing ↗ |
| 2020-03-04 | Gowans James | Purchase (P) | Common Shares | 3,000 | USD 1.56 | USD 4,680 | SEC filing ↗ |
| 2020-02-05 | PAULSON & CO. INC. | Purchase (P) | Common Shares, no par value | 158,700 | USD 2.31 | USD 366,597 | SEC filing ↗ |
Form 4 evidence
15 transaction lines in the latest 365-day window; 221 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-08-28 | South32 International Investment Holdings Proprietary Ltd; South32 Ltd | Sale (S) | Common Stock | 8,215,570 | USD 2.17 | USD 17,827,787 | SEC filing ↗ |
| 2026-05-08 | Hensley William L. Iggiagruk | Sale (S) | Common Shares | 50,000 | USD 4.44 | USD 222,000 | SEC filing ↗ |
| 2026-05-08 | Hensley William L. Iggiagruk | Option exercise / conversion (M) | Common Shares | 50,000 | USD 0.57 | USD 28,500 | SEC filing ↗ |
Show recent Form 4 evidence (13 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-08-28 | South32 International Investment Holdings Proprietary Ltd; South32 Ltd | Sale (S) | Common Stock | 8,215,570 | USD 2.17 | USD 17,827,787 | SEC filing ↗ |
| 2026-05-08 | Hensley William L. Iggiagruk | Sale (S) | Common Shares | 50,000 | USD 4.44 | USD 222,000 | SEC filing ↗ |
| 2026-05-08 | Hensley William L. Iggiagruk | Option exercise / conversion (M) | Common Shares | 50,000 | USD 0.57 | USD 28,500 | SEC filing ↗ |
| 2026-04-23 | WALTERS DIANA J | Option exercise / conversion (M) | Common Shares | 50,000 | USD 1.61 | USD 80,500 | SEC filing ↗ |
| 2026-02-26 | Hensley William L. Iggiagruk | Sale (S) | Common Shares | 25,107 | USD 4.40 | USD 110,471 | SEC filing ↗ |
| 2025-12-26 | ESOF GP Ltd.; Electrum Group LLC; Electrum Strategic Opportunities Fund L.P.; GRAT Holdings LLC; KAPLAN THOMAS SCOTT | Gift (G) | Common Shares | 957,072 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-11 | Sanders Elaine | Option exercise / conversion (M) | Common Shares | 15,000 | USD — | USD — | SEC filing ↗ |
| 2025-12-11 | Giardini Tony | Option exercise / conversion (M) | Common Shares | 60,000 | USD — | USD — | SEC filing ↗ |
| 2025-12-07 | Sanders Elaine | Option exercise / conversion (M) | Common Shares | 183,334 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-07 | Giardini Tony | Option exercise / conversion (M) | Common Shares | 366,668 | USD — | USD — | SEC filing ↗ |
| 2025-12-05 | Lang Gregory A. | Sale (S) | Common Shares | 70,000 | USD 4.76 | USD 333,100 | SEC filing ↗ |
| 2025-12-05 | Lang Gregory A. | Option exercise / conversion (M) | Common Shares | 50,000 | USD 1.82 | USD 91,000 | SEC filing ↗ |
| 2025-12-05 | Lang Gregory A. | Gift (G) | Common Shares | 45,000 | USD 0.00 | USD 0 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | TMQ |
| CIK | 0001543418 |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining Yahoo Finance |
| SEC SIC | 1040 Gold and Silver Ores |
| Exchange | NYSE |
Data coverage
| Local Form 4 history | 221 transaction lines from 2020-02-05 to 2026-08-28 17 P purchase lines · 56 S sale lines · 148 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.