T1 Energy CEO granted 1,000,000 RSUs
T1 Energy Inc. reported that Chief Executive Officer Daniel Barcelo received a grant of 1,000,000 Restricted Stock Units (RSUs) tied to the company’s Common Stock.
Rhea-AI Filing Summary
T1 Energy Inc. reported that Chief Executive Officer Daniel Barcelo received a grant of 1,000,000 Restricted Stock Units (RSUs) tied to the company’s Common Stock. The award was granted at no cash exercise price and reflects equity-based compensation.
According to the vesting terms, 500,000 RSUs vest on May 6, 2027, the first anniversary of the May 6, 2026 grant date. The remaining 500,000 RSUs vest ratably over three years, with one-third scheduled to vest on each of May 6, 2027, May 6, 2028, and May 6, 2029.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 1,000,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. The Restricted Stock Units ("RSUs") will be net settled in shares of Common Stock or, if permitted by the Company, by a cash payment from the Reporting Person.
- F2. Each RSU represents a right to receive one share of Common Stock granted pursuant to the 2021 Equity Incentive Plan (amended and restated as of April 22, 2024).
- F3. 500,000 of the RSUs shall vest on the first anniversary of the May 6, 2026 grant date (on May 6, 2027). The remaining 500,000 RSUs shall vest ratably over three years from the May 6, 2026 grant date. One-third (1/3) of such units shall vest on May 6, 2027; one-third (1/3) of such units shall vest on May 6, 2028; and one-third (1/3) of such units shall vest on May 6, 2029.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
net settled financial
2021 Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did T1 Energy (TE) report for CEO Daniel Barcelo?
How many RSUs did the T1 Energy (TE) CEO hold after this Form 4 transaction?
What is the vesting schedule for the 1,000,000 RSUs granted to T1 Energy (TE)’s CEO?
How will the T1 Energy (TE) RSUs for the CEO be settled at vesting?
Under which plan were the T1 Energy (TE) CEO RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.