T1 Energy Inc. (TE) director awarded 22,695 RSUs as equity compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manners David J. reported acquisition or exercise transactions in this Form 4 filing.
T1 Energy Inc. director David J. Manners reported a compensation grant of 22,695 Restricted Stock Units (RSUs) on July 2, 2026 under the company’s 2021 Equity Incentive Plan. Each RSU represents one share of common stock and will be settled in shares when vested.
The RSUs vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual general meeting of stockholders, provided that meeting occurs at least 50 weeks after the 2026 annual meeting held on June 17, 2026. After this grant, Manners holds 22,695 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Manners David J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 22,695 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 22,695 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock. This transaction represents the grant on July 2, 2026 of 22,695 RSUs under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024). The RSUs vest on the earlier of (a) the first anniversary of the date of grant and (b) the date of the Company's 2027 annual general meeting of stockholders, provided that such meeting occurs at least 50 weeks after the Company's 2026 annual general meeting of stockholders, which took place on June 17, 2026. Vested RSUs will be settled in shares of Common Stock. The RSUs do not have an expiration date.
Key Figures
RSUs granted: 22,695 units
RSU-to-share ratio: 1 RSU : 1 share
Reported grant price: $0.00 per RSU
+2 more
5 metrics
RSUs granted
22,695 units
Grant on July 2, 2026 to director Manners
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one common share upon vesting
Reported grant price
$0.00 per RSU
Compensation award, no cash purchase reported
RSUs held after transaction
22,695 units
Total RSUs directly owned following the grant
2026 annual meeting date
June 17, 2026
Reference date for 2027 annual meeting vesting condition
Key Terms
Restricted Stock Units ("RSU"), 2021 Equity Incentive Plan, vest, annual general meeting of stockholders, +1 more
5 terms
Restricted Stock Units ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock."
2021 Equity Incentive Plan financial
"grant on July 2, 2026 of 22,695 RSUs under the Company's 2021 Equity Incentive Plan"
vest financial
"The RSUs vest on the earlier of (a) the first anniversary of the date of grant and (b) the date of the Company's 2027 annual general meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual general meeting of stockholders financial
"the date of the Company's 2027 annual general meeting of stockholders, provided that such meeting occurs at least 50 weeks after the Company's 2026 annual general meeting"
FAQ
What did T1 Energy Inc. (TE) director David J. Manners report in this Form 4?
David J. Manners reported receiving a grant of 22,695 Restricted Stock Units (RSUs) on July 2, 2026. These RSUs are a stock-based compensation award under T1 Energy Inc.’s 2021 Equity Incentive Plan and will convert into common shares once they vest.
How many RSUs did David J. Manners receive from T1 Energy Inc. (TE)?
He received 22,695 Restricted Stock Units (RSUs) as a single grant. Each RSU represents the right to receive one share of T1 Energy Inc. common stock upon vesting and settlement, giving him direct exposure to the company’s equity through this award.
When do David J. Manners’ RSUs from T1 Energy Inc. vest?
The RSUs vest on the earlier of the first anniversary of the July 2, 2026 grant date or the 2027 annual general meeting. That 2027 meeting must occur at least 50 weeks after the 2026 annual meeting, which took place on June 17, 2026.
What does each T1 Energy Inc. RSU granted to David J. Manners represent?
Each Restricted Stock Unit represents the right to receive one share of T1 Energy Inc. common stock. Once the vesting conditions are met, vested RSUs will be settled in actual shares, aligning the director’s compensation with shareholder interests through equity.
Does the RSU grant to David J. Manners involve any purchase or sale of TE stock?
No, the filing shows a grant of RSUs as compensation, not a market trade. The transaction code is "A" for an award or other acquisition, and the price per RSU is listed as $0.00, indicating no cash purchase or sale was reported.
How many T1 Energy Inc. RSUs does David J. Manners hold after this grant?
After the July 2, 2026 RSU grant, he holds 22,695 RSUs directly. These units will convert into an equal number of common shares once they vest and are settled, assuming the vesting conditions tied to time and the 2027 annual meeting are satisfied.