TRONNasdaqFinance ServicesFiscal year ends December 31
Tron Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$1.10−0.00 (-0.45%)
Close on Oct 19, 2026
- Market cap
- $519.26M
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
2.3%
11M of 474M shares
Institutional holders
57
33 new, 15 sold out
Net institutional buying
4M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Greentree Financial Group, Inc. | 863,925 | 7.10% | 13G (passive) | Oct 18, 2024 |
| Bravemorning Limited | 420,000,000 | 88.50% | 13D (active) amendment | Aug 27, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TRON | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3,303,714 | 0.70% | $5.32M | +3,185,726 | 0.00% |
| Vanguard Capital Management LLC | 2,064,362 | 0.44% | $3.32M | −47,463 | 0.00% |
| Geode Capital Management, LLC | 1,362,441 | 0.29% | $2.19M | +943,812 | 0.00% |
| LPL Financial LLC | 725,079 | 0.15% | $1.17M | −95,565 | 0.00% |
| Goldman Sachs Group Inc | 449,265 | 0.09% | $723.32K | +385,183 | 0.00% |
| State Street Corp | 427,900 | 0.09% | $688.92K | +355,500 | 0.00% |
| Northern Trust Corp | 378,599 | 0.08% | $609.55K | +321,493 | 0.00% |
| Vanguard Portfolio Management LLC | 343,728 | 0.07% | $553.40K | New | 0.00% |
| Vanguard Fiduciary Trust Co | 292,858 | 0.06% | $471.50K | +161,506 | 0.00% |
| Bank of New York Mellon Corp | 172,131 | 0.04% | $277.13K | New | 0.00% |
| UBS Group AG | 171,354 | 0.04% | $275.88K | −855,920 | 0.00% |
| Two Sigma Investments, LP | 168,713 | 0.04% | $271.63K | −5,900 | 0.00% |
| Charles Schwab Investment Management Inc | 98,995 | 0.02% | $159.38K | New | 0.00% |
| Nomura Holdings Inc | 71,418 | 0.02% | $114.98K | +30,000 | 0.00% |
| Nuveen, LLC | 67,825 | 0.01% | $109.20K | New | 0.00% |
| Bank Of America Corp /De/ | 60,300 | 0.01% | $97.08K | −57,768 | 0.00% |
| New York State Common Retirement Fund | 56,600 | 0.01% | $91.13K | New | 0.00% |
| FMR LLC | 55,325 | 0.01% | $89.07K | New | 0.00% |
| Abel Hall, LLC | 54,473 | 0.01% | $87.70K | New | 0.02% |
| Deutsche Bank AG\ | 49,218 | 0.01% | $79.24K | New | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 57 | 11M | 2.3% | 33 / 12 | 10 / 15 | 7M | 3M |
| Q1 2026 | 39 | 7M | 1.4% | 16 / 7 | 9 / 11 | 4M | 1M |
| Q4 2025 | 35 | 4M | 0.9% | 7 / 11 | 12 / 7 | 2M | 1M |
| Q3 2025 | 36 | 4M | 0.9% | 22 / 9 | 2 / 11 | 4M | 1M |
| Q2 2025 | 25 | 1M | 0.2% | 18 / 3 | 2 / 7 | 1M | 0M |
| Q1 2025 | 14 | 0M | 0.1% | 3 / 3 | 4 / 4 | 0M | 1M |
| Q4 2024 | 15 | 1M | 0.2% | 3 / 5 | 2 / 1 | 1M | 0M |
| Q3 2024 | 13 | 0M | 0.0% | 5 / 3 | 2 / 4 | 0M | 0M |
| Q2 2024 | 12 | 0M | 0.0% | 1 / 5 | 3 / 7 | 0M | 0M |
| Q1 2024 | 18 | 0M | 0.0% | 4 / 3 | 3 / 1 | 0M | 0M |
| Q4 2023 | 16 | 0M | 0.0% | 9 / 2 | 1 / 0 | 0M | 0M |
| Q3 2023 | 7 | 0M | 0.0% | 7 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TRON | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,497,110 | 0.32% | $2.41M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,325,446 | 0.28% | $2.13M | 0.00% | Jun 30, 2026 |
| iShares Russell 2000 Value ETF | 589,154 | 0.12% | $948.54K | 0.01% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 568,018 | 0.12% | $795.23K | 0.00% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 500,490 | 0.11% | $805.79K | 0.00% | Jun 30, 2026 |
| iShares Micro-Cap ETF | 172,679 | 0.04% | $278.01K | 0.02% | Jun 30, 2026 |
| Fidelity Nasdaq Composite Index Fund | 169,984 | 0.04% | $339.97K | 0.00% | May 31, 2026 |
| Schwab Small-Cap Index Fund | 124,328 | 0.03% | $174.06K | 0.00% | Jul 31, 2026 |
| Fidelity Extended Market Index Fund | 120,498 | 0.03% | $241.00K | 0.00% | May 31, 2026 |
| Master Small Cap Index Series | 96,583 | 0.02% | $155.50K | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Value Index Fund | 73,073 | 0.02% | $117.65K | 0.01% | Jun 30, 2026 |
| Nuveen Small Cap Blend Index Fund | 67,825 | 0.01% | $94.96K | 0.00% | Jul 31, 2026 |
| EQ/2000 Managed Volatility Portfolio | 60,338 | 0.01% | $97.14K | 0.00% | Jun 30, 2026 |
| LVIP State Street Small-Cap Index Fund | 42,900 | 0.01% | $69.07K | 0.00% | Jun 30, 2026 |
| Goldman Sachs Absolute Return Tracker Fund | 37,401 | 0.01% | $60.22K | 0.00% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Richard A. Miller | Chief Executive Officer, Director | 1,100,000 | 0.23% | Aug 18, 2025 |
| Douglas O. McKinnon | Chief Financial Officer | 516,388 | 0.11% | Aug 18, 2025 |
| Deborah Lynn McDaniel-Hand | VP of Production Development | 100,000 | 0.02% | Jun 25, 2025 |
| Christopher Melton | Director | 81,818 | 0.02% | Sep 17, 2026 |
| Zhihong LIU | Director | – | – | Apr 8, 2026 |
| Zi YANG | Director | – | – | Apr 8, 2026 |
| Weike SUN | Director, 10% owner | 420,000,000 | 88.54% | Apr 8, 2026 |
| Gary L. Herman | Director | – | – | May 27, 2025 |
| Hans Haywood | Director | 10,000 | 0.00% | May 27, 2025 |
| Safety Shot, Inc. | 10% owner | 2,331,744 | 0.49% | Jan 10, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Christopher Melton Director | Sep 15, 2026 | Option exercise | +50,000 | $0.56 | $28.00K | 81,818 |
| Weike SUN Director, 10% owner | Apr 2, 2026 | Award | +200,000,000 | $0.50 | $100.00M | 420,000,000 |
| Weike SUN Director, 10% owner | Aug 27, 2025 | Award | +220,000,000 | $0.50 | $110.00M | 220,000,000 |
| Christopher Melton Director | Aug 22, 2025 | Sale | −15,000 | $5.06 | $75.90K | 31,818 |
| Douglas O. McKinnon Chief Financial Officer | Aug 15, 2025 | Option exercise | +200,000 | $0.56 | $112.00K | 516,388 |
| Richard A. Miller Chief Executive Officer, Director | Aug 15, 2025 | Option exercise | +200,000 | $0.56 | $112.00K | 1,100,000 |
| Christopher Melton Director | Aug 14, 2025 | Option exercise | +46,818 | $0.56 | $26.22K | 46,818 |
| Richard A. Miller Chief Executive Officer, Director | Jul 1, 2025 | Option exercise | +100,000 | $0.56 | $56.00K | 900,000 |
| Douglas O. McKinnon Chief Financial Officer | Jul 1, 2025 | Sale | −22,000 | $7.65 | $168.30K | 394,388 |
| Douglas O. McKinnon Chief Financial Officer | Jul 1, 2025 | Sale | −33,000 | $7.51 | $247.83K | 316,388 |
| Douglas O. McKinnon Chief Financial Officer | Jul 1, 2025 | Sale | −22,000 | $7.45 | $163.90K | 349,388 |
| Douglas O. McKinnon Chief Financial Officer | Jul 1, 2025 | Sale | −25,000 | $7.55 | $188.75K | 369,388 |
| Douglas O. McKinnon Chief Financial Officer | Jul 1, 2025 | Sale | −20,000 | $6.63 | $132.60K | 416,388 |
| Deborah Lynn McDaniel-Hand VP of Production Development | Jun 23, 2025 | Sale | −100,000 | $9.41 | $941.00K | 100,000 |
| Douglas O. McKinnon Chief Financial Officer | Jun 23, 2025 | Option exercise | +100,000 | $0.56 | $56.00K | 436,388 |
| Richard A. Miller Chief Executive Officer, Director | Jun 23, 2025 | Option exercise | +200,000 | $0.56 | $112.00K | 800,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −10,000 | $11.35 | $113.50K | 690,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,000 | $11.64 | $58.20K | 600,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,000 | $11.50 | $57.50K | 605,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,500 | $10.25 | $56.38K | 610,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −4,500 | $10.53 | $47.39K | 615,500 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,300 | $10.51 | $55.70K | 620,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −4,700 | $10.71 | $50.34K | 625,300 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,200 | $10.73 | $55.80K | 630,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,000 | $11.10 | $55.50K | 635,200 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −4,800 | $11.48 | $55.10K | 640,200 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −4,900 | $11.16 | $54.68K | 645,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,350 | $10.96 | $58.64K | 649,900 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,600 | $11.50 | $64.40K | 655,250 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,100 | $11.65 | $59.42K | 660,850 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,250 | $11.64 | $61.11K | 665,950 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,000 | $11.95 | $59.75K | 671,200 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −3,800 | $11.35 | $43.13K | 676,200 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −4,750 | $11.41 | $54.20K | 680,000 |
| Richard A. Miller Chief Executive Officer, Director | Jun 20, 2025 | Sale | −5,250 | $11.15 | $58.54K | 684,750 |
| Douglas O. McKinnon Chief Financial Officer | Jun 17, 2025 | Option exercise | +100,000 | $0.56 | $56.00K | 336,388 |
| Richard A. Miller Chief Executive Officer, Director | Jun 17, 2025 | Option exercise | +100,000 | $0.56 | $56.00K | 700,000 |
| Safety Shot, Inc. 10% owner | Jan 8, 2025 | Sale | −266,200 | – | – | 2,331,744 |
| Safety Shot, Inc. 10% owner | Dec 12, 2024 | Sale | −259,567 | – | – | 2,597,944 |
| Safety Shot, Inc. 10% owner | Dec 10, 2024 | Sale | −15,398 | $0.82 | $12.63K | 2,857,511 |
| Safety Shot, Inc. 10% owner | Dec 9, 2024 | Sale | −70,000 | – | – | 2,872,909 |
| Safety Shot, Inc. 10% owner | Dec 6, 2024 | Sale | −46,598 | – | – | 2,942,909 |
| Safety Shot, Inc. 10% owner | Dec 5, 2024 | Sale | −187,498 | – | – | 2,989,507 |
| Safety Shot, Inc. 10% owner | Dec 4, 2024 | Sale | −259,000 | – | – | 3,177,005 |
| Safety Shot, Inc. 10% owner | Jun 7, 2024 | Sale | −20,000 | $1.12 | $22.40K | 3,980,000 |
| Hans Haywood Director | Dec 29, 2023 | Buy | +6,814 | $1.63 | $11.11K | 10,000 |
| Safety Shot, Inc. 10% owner | Dec 11, 2023 | Other | −500,000 | – | – | 4,000,000 |
| Brian John 10% owner | Dec 11, 2023 | Other | +500,000 | – | – | 938,086 |
| Brian John – | Nov 29, 2023 | Sale | −2,664 | $2.75 | $7.33K | 438,086 |
| Brian John – | Nov 28, 2023 | Sale | −3,500 | $2.75 | $9.63K | 440,750 |
| Hans Haywood Director | Aug 14, 2023 | Other | +3,186 | – | – | 3,186 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| McDaniel-Hand Deborah Officer | Aug 29, 2025 | 100,000 | $500.00K | Sep 2, 2025 | Subscription agreement |
| Schur Jordan Former Affiliate (Affiliate of Ex 10% Owner SHOT) | Aug 4, 2025 | 818,000 | $6.19M | Aug 4, 2025 | Share Issuance in connection with an Asset Purchase Agreement and share issuance in connection with a Consultant Agreement for services. |
| Taft Bryan Flittner President | Jul 8, 2025 | 300,000 | $2.40M | Jun 23, 2025 | Subscription Agreement |
| McDaniel-Hand Deborah Officer | Jun 25, 2025 | 100,000 | $941.10K | Jun 23, 2025 | Share issuance in connection with the Company's initial public offering |
| Safety Shot, Inc. Principal Stockholder | Nov 21, 2024 | 1,500,000 | $930.00K | Nov 21, 2024 | Parent Company of SRM |
| Investment Company LLC BK Former Chairman | Nov 28, 2023 | 94,000 | $219.00K | Nov 16, 2023 | Purchased transferred to my BK Investments Trust |