T1 Energy (TE) CFO RSUs vest and shares withheld to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
T1 Energy Inc. Chief Financial Officer Joseph Evan Calio reported routine equity compensation activity. On June 12, 2026, 422,476 Restricted Stock Units (RSUs) granted in June 2024 vested as the second of three equal annual installments and were settled in the same number of common shares. In connection with this vesting, 195,776 shares of common stock were withheld to cover tax obligations, rather than sold in the open market. After these transactions, Calio beneficially owned 1,797,585 shares of T1 Energy common stock directly and had 422,276 RSUs remaining from the original grant scheduled to vest on June 13, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
422,476 shares exercised/converted
Mixed
3 txns
Insider
Calio Joseph Evan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 422,476 | $0.00 | -- |
| Exercise | Common Stock | 422,476 | $0.00 | -- |
| Tax Withholding | Common Stock | 195,776 | $8.50 | $1.66M |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 422,476 shares (Direct, null);
Common Stock — 1,993,361 shares (Direct, null)
Footnotes (1)
- This transaction represents the vesting on June 12, 2026 of 422,476 Restricted Stock Units ("RSUs") granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed August 9, 2024. This relates to the vesting of the second of three equal annual installments (further details in Note 4 below). Each RSU represents the right to receive one share of Common Stock. These 422,476 RSUs were settled in shares of Common Stock on June 12, 2026. This transaction represents 195,776 shares of Common Stock withheld for tax obligations in connection with the settlement on June 12, 2026 of 422,476 RSUs that vested on June 12, 2026 (the second of three equal annual installments). The vesting of those 422,476 RSUs is described in Note 1 above. The 1,797,585 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,570,885 shares reported on the Form 4 filed April 30, 2026; plus (ii) 422,476 shares acquired upon vesting of RSUs on June 12, 2026 (Note 1 above); less (v) 195,776 shares withheld for tax upon settlement of RSUs on June 12, 2026 (Note 2 above). The RSUs reported on the Form 4 filed August 9, 2024 were granted for a total of 1,267,427 RSUs vesting in three equal annual installments: one-third vested on June 13, 2025; one-third vested on June 12, 2026; and the remaining one-third will vest on June 13, 2027. Following the vesting and settlement of the first second installment reported herein, 422,276 RSUs remain outstanding.
Key Figures
RSUs vested: 422,476 RSUs
Shares withheld for tax: 195,776 shares
Shares owned after transaction: 1,797,585 shares
+3 more
6 metrics
RSUs vested
422,476 RSUs
Vested and settled in common stock on June 12, 2026
Shares withheld for tax
195,776 shares
Withheld to cover tax obligations on June 12, 2026
Shares owned after transaction
1,797,585 shares
Common stock beneficially owned following June 12, 2026 activity
Original RSU grant size
1,267,427 RSUs
Granted June 13, 2024 in three equal annual installments
Remaining RSUs from grant
422,276 RSUs
Outstanding after second installment vesting; next vesting June 13, 2027
Tax withholding price reference
$8.50 per share
Value used for 195,776 withheld shares on June 12, 2026
Key Terms
Restricted Stock Units ("RSUs"), withheld for tax obligations, Equity Incentive Plan, beneficially owned, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"This transaction represents the vesting on June 12, 2026 of 422,476 Restricted Stock Units ("RSUs") granted on June 13, 2024"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
withheld for tax obligations financial
"This transaction represents 195,776 shares of Common Stock withheld for tax obligations in connection with the settlement"
Equity Incentive Plan financial
"granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024)"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
beneficially owned financial
"The 1,797,585 shares of Common Stock beneficially owned following the reported transactions reflects"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What insider transaction did T1 Energy (TE) report for its CFO?
T1 Energy’s CFO Joseph Evan Calio reported RSU vesting and related tax withholding. On June 12, 2026, 422,476 RSUs vested and were settled in common shares, with a portion of shares withheld to cover tax obligations rather than sold on the open market.
How many T1 Energy (TE) RSUs vested for the CFO on June 12, 2026?
On June 12, 2026, 422,476 Restricted Stock Units vested for T1 Energy’s CFO. These RSUs were part of a 1,267,427-unit grant from June 2024, scheduled to vest in three equal annual installments and were settled in the same number of common shares.
How many T1 Energy (TE) RSUs remain outstanding for the CFO from this grant?
Following the second installment’s vesting and settlement, 422,276 RSUs from the original grant remain outstanding for T1 Energy’s CFO. These remaining RSUs are scheduled to vest as the third equal annual installment on June 13, 2027, subject to applicable plan terms.
Was the T1 Energy (TE) CFO’s Form 4 an open-market stock sale?
No, the Form 4 reflects equity compensation activity, not an open-market sale. RSUs vested and converted into common shares, and 195,776 shares were withheld solely to cover tax obligations related to the settlement, a standard non-market mechanism for satisfying tax liabilities.