Jason Adelman, a director at Trio-Tech International (), sold a total of 22,000 shares of the company’s common stock for a total value of $123,570. The transactions occurred across several dates in early March 2026, with share prices ranging from $5.5322 to $5.8164.
The sales were executed in multiple blocks:
On March 5, 2026, Mr. Adelman sold 4,511 shares at a price of $5.5475 per share.
The following day, March 6, 2026, he sold an additional 7,489 shares at $5.5322 per share.
On March 10, 2026, a block of 5,000 shares was sold at $5.8164 per share.
Finally, on March 16, 2026, another 5,000 shares were sold at $5.6066 per share.The stock has surged dramatically since these sales, currently trading at $20.05—nearly four times the prices at which Adelman sold. The company has delivered a remarkable 710% return over the past year, though InvestingPro data suggests the stock may now be overvalued relative to its Fair Value estimate.
Following these transactions, Mr. Adelman directly holds 50,000 shares of Trio-Tech International common stock. InvestingPro Tips highlight that the stock “generally trades with high price volatility,” with 16 additional exclusive tips available to subscribers. The information was disclosed in a Form 4 filing with the Securities and Exchange Commission on May 15, 2026.
In other recent news, Trio-Tech International reported a significant revenue increase for its fiscal third quarter, ending March 31, 2026. The company achieved a 124% growth in revenue, reaching $16.5 million compared to $7.4 million in the same period last year. This growth was primarily driven by the semiconductor back-end solutions segment, which saw a 141% increase in revenue. Additionally, Trio-Tech completed a registered direct offering, selling over 1 million shares and raising approximately $10 million. The proceeds from this offering are intended to support the company’s AI expansion. Trio-Tech also disclosed a cybersecurity incident at its Singapore subsidiary, initially deemed non-material but later escalated to a material event due to unauthorized data disclosure. The company is working to address the impact of this ransomware attack. These developments highlight Trio-Tech’s recent activities in revenue growth, capital raising, and cybersecurity challenges.
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