FUND SPROTT FOCUS TRUST INC. Insider Trading

Director George W Whitney bought 135,086 shares (7 transactions) for $1,209,867.75 at average $8.96 on 2026-03-27.

George W Whitney, a Director at Sprott Focus Trust Inc., executed seven separate purchases totaling 135,086 shares for $1,209,867.75 on 2026-03-27, raising his holdings from 2,491,587 to 2,626,673 shares (+5.4%). The purchases occurred at an average price of $8.96, which is 6% below the current price of $9.54 and 11.5% below the 52-week high of $10.13. Whitney's cross-ticker track record shows 18 prior buys with an average 90-day return of +8.3% and a 100% win rate, though this metric reflects performance across multiple stocks. At Sprott Focus Trust specifically, his three prior buy transactions (all on 2025-12-29) each posted +8.4% returns over 90 days, and 3 of his 3 measurable same-ticker trades were well-timed at the 90-day mark, suggesting a pattern of favorable entry timing at this particular security.

Director Whitney sold 17,700 shares for $156,645.00 while buying 1,785 shares, net -4.9% reduction in holdings at SPROTT FOCUS TRUST INC.

George W Whitney executed 2 separate transactions in a single Form 4 filing: a purchase of 1,785 shares at $8.89 and a sale of 17,700 shares at $8.85, resulting in a net reduction of 15,915 shares or -4.9% of his pre-transaction holdings of 322,720 shares. The sale price of $8.85 is only 1.0 cents below the purchase price of $8.89, indicating these transactions were executed on the same trading day at highly similar price points. His post-transaction holdings of 306,805 shares remain substantial, suggesting ongoing confidence in the fund despite the net reduction. Across his open-market trading history, Whitney's sell track record is limited (only 1 prior sale) with a 90-day well-timed rate of 0.00%, whereas his buy track record shows 19 prior buys with a 100% win rate, indicating his conviction signals are stronger on the purchase side.

Director George W Whitney purchases 270,237 shares of SPROTT FOCUS TRUST INC. for $2.3M ($8.60) in 7 separate transactions on 2025-12-29.

George W Whitney, a Director, executed 7 separate purchases totaling 270,237 shares for $2,324,038.20 at $8.60 per share on 2025-12-29, increasing his holdings by 11.7% from 2,317,875 to 2,588,112 shares. This substantial accumulation occurred near the 52-week high ($8.91), with the stock currently trading at $8.72, only 2.1% below the high. The multi-transaction structure (rather than a single block purchase) and the scale of the commitment—representing an $2.3M investment—suggests material confidence in the fund's value at this price level. Whitney's prior 5 trades at this same ticker (all in September 2025) each generated positive 90-day returns of 6.7%, and across his cross-ticker track record, his 19 prior buys averaged a 7.4% 90-day return with a 100% win rate, indicating a consistent pattern of well-timed entry points. The current transaction's positioning relative to prior performance and price context warrants investor attention to whether this accumulation signals continued conviction or represents peak positioning.

Director George W Whitney bought 179,607 shares ($1.47M) in 7 transactions at $8.18 on 2025-09-29, after selling 29,800 shares ($243,764) on 2025-08-28; holdings increased 6.3%.

George W Whitney executed a major net purchase of 149,807 shares across 7 separate buy transactions totaling 179,607 shares for $1,469,185.26, preceded by a 29,800-share sale for $243,764.00. The timing merits attention: the recent prior buys at this ticker on 2025-06-30 (5 of 5 prior trades) posted 90-day returns of +12.0%, and across all open-market transactions, Whitney's cross-ticker track record shows a 100.00% 90-day win rate with average 90-day returns of +5.2%. The current price of $8.31 is only 0.8% below the 52-week high of $8.38, suggesting these purchases at $8.18 occurred near recent highs. The substantial dollar commitment ($1.47M) and the pattern of sequential same-price buys on the same date warrant investor review of whether this reflects a pre-committed plan or a discretionary conviction-driven accumulation.

Director George W Whitney purchased 196,329 shares of SPROTT FOCUS TRUST INC for $1,454,797.89 via 7 transactions on 2025-06-30 at $7.41 per share

Director George W Whitney executed 7 separate purchases totaling 196,329 shares for $1,454,797.89 at $7.41 per share on a single date, increasing his holdings by 8.5% to 2,493,025 shares. This substantial discrete acquisition at a uniform price across multiple tranches represents a material increase in personal stake in the fund. Whitney's prior purchase pattern at this ticker shows consistently well-timed entry points—all 5 prior buy transactions completed on 2025-03-28 posted positive 90-day returns of +1.7% at the 90-day mark. At his cross-ticker level, his 14 prior open-market buys achieved a 100.00% win rate at the 90-day horizon with a 1.5% average return, though same-ticker outcomes carry more direct relevance. The current stock price of $7.68 is 6.3% below the 52-week high and has recovered 6.2% over the prior 30 days, placing this purchase near recent strength but not at depressed valuations.

Director George W Whitney purchases 200,137 shares for $1,461,000.10 at $7.30; post-transaction holdings 108,225 shares

GEORGE W WHITNEY, a Director at Sprott Focus Trust Inc., completed 7 separate purchases on 2025-03-28 totaling 200,137 shares for $1,461,000.10 at a blended average price of $7.30. The transaction results in post-transaction holdings of 108,225 shares, compared to a pre-transaction position of -91,912 shares. All prior trades in his same-ticker history at this fund—5 buys from 2024-12-30—showed consistent 30-day and 90-day returns of +4.8% and +1.2% respectively, with a 100.00% win rate across all cross-ticker open-market activity. The scale of this purchase, representing a material capital deployment of approximately $1.5M, combined with the persistent pattern of well-timed buy signals at this ticker, suggests continued conviction in the fund's valuation. Current price is $7.38, approximately -10.0% from the 52-week high of $8.20, positioning this purchase in a depressed portion of the annual range.

Director George W Whitney purchases 323,896 shares of Sprott Focus Trust for $2,354,723.92 across 7 transactions at $7.27

Director George W Whitney executed 7 separate purchases totaling 323,896 shares for $2,354,723.92 at a blended average price of $7.27 on 2024-12-30. This acquisition increased his post-transaction holdings from a negative position of -217,571 shares to 106,325 shares, representing a complete swing into positive territory. The transaction occurred near the lower bound of the fund's 52-week range of $7.25–$8.20, with the current price at $7.34 down 10.5% from the 52-week high, suggesting acquisitions made during a recent period of price weakness. The magnitude and multi-tranche structure of the purchase warrant investor attention as a significant capital commitment by a director.