Form 8-K

8-K — Trio Petroleum Corp

Accession: 0001493152-26-031558

Filed: 2026-07-01

Period: 2026-07-01

CIK: 0001898766

SIC: 1311 (CRUDE PETROLEUM & NATURAL GAS)

Item: Entry into a Material Definitive Agreement

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

EX-10.1 (ex10-1.htm)

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d)

the Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported): July 1, 2026

Trio Petroleum Corp

(Exact name of registrant as specified in its charter)

Delaware

001-41643

87-1968201

(State

or other Jurisdiction

Incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

One

Park Place, 621 NW 53rd Street Ste 125

Boca

Raton, FL 33487

(661)

324-3911

(Address

and telephone number, including area code, of registrant’s principal executive offices)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol(s)

Name

of each exchange on which registered

Common

Stock, par value $0.0001 per share

TPET

NYSE

American

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☒

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01. Entry Into a Material Definitive Agreement.

July 1, 2026, Trio Petroleum Corp (the “Company”), entered into an amendment (the “Amendment”) to the independent

contractor agreement (the “ICA”), dated January 1, 2026, with Mr. Greg Overholtzer, the Chief Financial Officer of the Company,

pursuant to which the Company agreed to increase Mr. Overholtzer’s monthly compensation for his services pursuant to the ICA from

$15,000 per month to $17,000 per month, effective as of the date of the Amendment. Except for the terms of Mr. Overhotlzer’s monthly

compensation, all other terms of the ICA remain unchanged.

The

foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment,

a copy of which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item

9.01. Financial Statements and Exhibits

(d)

Exhibits.

Exhibit

Number

Exhibit

10.1

Amendment to the Independent Contractor Agreement between the Company and Greg Overholtzer, dated as of July 1, 2026

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Trio

Petroleum Corp.

Date:

July 1, 2026

By:

/s/

Robin Ross

Name:

Robin

Ross

Title:

Chief

Executive Officer

EX-10.1

Filename: ex10-1.htm · Sequence: 2

Exhibit

10.1

FIRST

AMENDMENT TO INDEPENDENT CONTRACTOR AGREEMENT

This

First Amendment to Independent Contractor Agreement (the “Amendment”) is entered into as of July 1, 2026 (the “Amendment

Effective Date”), by and between Trio Petroleum Corp, a Delaware corporation (the “Company”), and Greg Overholtzer

(“Contractor”).

WHEREAS,

the Company and Contractor entered into that certain Independent Contractor Agreement dated January 1, 2026 (the “Agreement”);

and

WHEREAS,

the parties desire to amend the Agreement to increase the Contractor’s monthly compensation as of July 1, 2026.

NOW,

THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency

of which are hereby acknowledged, the parties agree as follows:

1. Amendment

to Section 4(a).

Effective

as of the Amendment Effective Date, Section 4(a) of the Agreement is hereby amended by replacing the Monthly Fee of Fifteen Thousand

Dollars ($15,000) with Seventeen Thousand Dollars ($17,000) per month.

Accordingly,

the Company shall pay Contractor beginning July 1, 2026 a fee of Seventeen Thousand Dollars ($17,000) on the first business day following

the end of each calendar month for each full calendar month during the Term, with any partial month to be prorated in accordance with

the Agreement. The first payment, due and payable on July 1, 2026, shall be the payment due for services provided by the Contractor during

the month of June 2026, and not in addition to the payment in the amount of $15,000, which would have otherwise been due and payable

on July 1st under the terms of Agreement.

2. Compensation

Review.

The

parties acknowledge and agree that the Contractor’s compensation shall be reviewed by the Company and its Compensation Committee,

if applicable, on or before December 31, 2026. Any future adjustment to compensation shall be subject to mutual agreement of the parties

and, where required, approval by the Company’s Board of Directors or Compensation Committee.

3. Ratification.

Except

as expressly amended by this Amendment, all terms, conditions, covenants and provisions of the Agreement shall remain unchanged and in

full force and effect and are hereby ratified and confirmed by the parties.

4. Governing

Law.

This

Amendment shall be governed by and construed in accordance with the laws specified in the Agreement.

5. Counterparts.

This

Amendment may be executed in counterparts, including electronic counterparts, each of which shall be deemed an original and all of which

together shall constitute one and the same instrument.

WITNESS WHEREOF, the parties have executed this First Amendment to Independent Contractor Agreement as of the date first written above.

TRIO

PETROLEUM CORP

By:

/s/

Robin Ross

Name:

Robin

Ross

Title:

Chief

Executive Officer

CONTRACTOR

/s/

Greg Overholzer

Greg

Overholtzer

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Entity Tax Identification Number

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Entity Incorporation, State or Country Code

Entity Address, Address Line One

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Entity Address, Address Line Two

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