Trio Petroleum Corp (TPET) Form 8-K — Jun 5, 2026
Trio Petroleum Corp announced a significant increase in compensation for CEO Robin Ross, raising his base salary from $400,000 to $600,000 annually effective June 1, 2026. The Compensation Committee also increased Ross’s annual discretionary bonus cap from 100% to 200% of his base salary and approved a one-time award of 1,500,000 shares of common stock. Additionally, the company approved a one-time award of 200,000 shares of common stock to CFO Gregory Overholtzer. Ross will also receive a separate one-time cash bonus of $300,000, payable on August 1, 2026.
Key figures
- Ceo cash bonus
- 300000
- Ceo share award
- 1500000
- Cfo share award
- 200000
- Ceo base salary new
- 600000
- Ceo base salary old
- 400000
- Ceo bonus cap percent
- 200
Price after filing
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