Jason T. Adelman, a director at Trio-Tech International (NASDAQ:TRT), recently sold a total of 50,000 common shares for approximately $818,325. The transactions occurred on May 18 and May 19, 2026.
Adelman acquired 39,750 shares on May 18 at $2.25 per share via option exercise. He then sold 35,000 shares at prices ranging from $14.87 to $18.76 on May 18, and another 14,975 shares at $13.97 to $14.01 on May 19.
TRT shares surged 424% over the past year, with a P/E ratio of 370.55. Bond.az analysis indicates the stock is overvalued based on Fair Value calculations.
After the sales, Adelman directly holds 40,000 shares. The transactions were disclosed in a Form 4 filing with the SEC on May 20, 2026.
In other news, Trio-Tech reported a 124% revenue increase to $16.5 million in its fiscal third quarter. The company also completed a $10 million stock offering and suffered a ransomware attack at its Singapore subsidiary.
