T1 Energy (TE) CTO RSUs vest, 11,850 shares withheld for taxes
Rhea-AI Filing Summary
T1 Energy Inc. Chief Technology Officer Andreas Bentzen reported routine equity compensation activity. On June 23, 2026, 25,000 Restricted Stock Units vested and were settled in an equal number of common shares under the company’s equity incentive plan. To cover related tax obligations, 11,850 of these shares were withheld, leaving 13,150 common shares beneficially owned directly after the transactions. The original grant totaled 75,000 RSUs; following this first vesting installment, 50,000 RSUs remain outstanding in two equal future tranches. Separately, 1,200 common shares are held indirectly through Beacon Group AS, for which Bentzen disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,150 shares
Net Buy
4 txns
Insider
Bentzen Andreas
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,850 | $9.24 | $109K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 50,000 shares (Direct);
Common Stock — 13,150 shares (Direct);
Common Stock — 1,200 shares (Indirect, By Self as owner of Beacon Group AS)
Footnotes (5)
- F1. This transaction represents the vesting on June 23, 2026 of 25,000 Restricted Stock Units ("RSUs") granted on June 23, 2025 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed June 25, 2025. This relates to the vesting of the first of three equal annual installments (further details in Note 4 below). Each RSU represents the right to receive one share of Common Stock. These 25,000 RSUs were settled in shares of Common Stock on June 23, 2026.
- F2. This transaction represents 11,850 shares of Common Stock withheld for tax obligations in connection with the settlement on June 23, 2026 of 25,000 RSUs that vested on June 23, 2026 (the first of three equal annual installments). The vesting of those 25,000 RSUs is described in Note 1 above.
- F3. The 13,150 shares of Common Stock beneficially owned directly following the reported transactions reflects 25,000 shares of Common Stock acquired upon settlement of the RSUs that vested on June 23, 2026 (Note 1 above), less 11,850 shares withheld for tax upon settlement (Note 2 above).
- F4. The RSUs reported on the Form 4 filed June 25, 2025 were granted for a total of 75,000 RSUs vesting in three equal annual installments: one-third vested on June 23, 2026; one-third will vest on June 23, 2027; and one-third will vest on June 23, 2028. Following the vesting and settlement of the first installment reported herein, 50,000 RSUs remain outstanding.
- F5. Consists of 1,200 shares of Common Stock held by Beacon Group AS, as reported on the reporting person's Form 3 filed January 10, 2024. The reporting person is the owner of Beacon Group AS and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Key Figures
RSUs vested: 25,000 RSUs
Shares withheld for taxes: 11,850 shares
Direct common shares after transaction: 13,150 shares
+2 more
5 metrics
RSUs vested
25,000 RSUs
Vested and settled into common shares on June 23, 2026
Shares withheld for taxes
11,850 shares
Withheld to satisfy tax obligations on RSU settlement
Direct common shares after transaction
13,150 shares
Directly owned following RSU vesting and tax withholding
RSUs remaining from grant
50,000 RSUs
Outstanding after first of three annual vesting installments
Indirect common shares
1,200 shares
Held by Beacon Group AS associated with the reporting person
Key Terms
Restricted Stock Units ("RSUs"), tax obligations, beneficial ownership, pecuniary interest
4 terms
Restricted Stock Units ("RSUs") financial
"This transaction represents the vesting on June 23, 2026 of 25,000 Restricted Stock Units ("RSUs") granted on June 23, 2025"
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.
tax obligations financial
"This transaction represents 11,850 shares of Common Stock withheld for tax obligations in connection with the settlement"
beneficial ownership financial
"The 13,150 shares of Common Stock beneficially owned directly following the reported transactions reflects 25,000 shares of Common Stock acquired"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein"
FAQ
What insider transactions did T1 Energy (TE) report for Andreas Bentzen?
T1 Energy reported that CTO Andreas Bentzen had 25,000 RSUs vest and settle into common shares. Of these, 11,850 shares were withheld for taxes, leaving 13,150 shares owned directly after the transaction and 50,000 RSUs still outstanding.
Were the T1 Energy (TE) insider transactions open-market buys or sells?
The transactions were not open-market trades. RSUs vested and converted into 25,000 common shares, and 11,850 shares were withheld to satisfy tax obligations. This reflects routine equity compensation and tax withholding, rather than discretionary buying or selling in the market.
What RSU grant is described in this T1 Energy (TE) Form 4 filing?
The filing describes a grant of 75,000 RSUs made on June 23, 2025, vesting in three equal annual installments. The first 25,000 RSUs vested and settled into shares on June 23, 2026, leaving 50,000 RSUs scheduled to vest in 2027 and 2028.
How were taxes handled on the vested RSUs for T1 Energy (TE) CTO?
Taxes were satisfied by withholding shares rather than a cash payment. When 25,000 RSUs vested and settled into common shares, 11,850 of those shares were withheld to cover tax obligations, and 13,150 shares remained as the CTO’s direct holdings afterward.
What indirect T1 Energy (TE) holdings are reported for Andreas Bentzen?
The filing reports 1,200 T1 Energy common shares held indirectly through Beacon Group AS. Andreas Bentzen is the owner of Beacon Group AS and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in the entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
