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EDGE Global exercises 687,219 warrants; T1 Energy (TE) issues 156,582 net shares

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

T1 Energy Inc. (TE) insiders disclosed a cashless exercise of warrants by EDGE Global LLC on 08/27/2025. EDGE Global exercised 687,219 warrants with a warrant exercise reference price of $1.22, resulting in the issuer withholding 530,637 shares to satisfy the cashless exercise and issuing 156,582 net shares to EDGE Global based on the closing share price of $1.58 on that date.

Reporting shows Balazs Peter Matrai, a director and co-owner of EDGE Global, as a reporting person who disclaims beneficial ownership of the warrants except to the extent of his pecuniary interest. The filing lists post-transaction beneficial ownership figures attributed to EDGE Global and Matrai on an indirect basis.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine cashless warrant exercise reduced outstanding warrants and produced a net issuance of 156,582 shares to EDGE Global.

The transaction on 08/27/2025 involved a cashless exercise of 687,219 warrants, with 530,637 shares withheld by the issuer to cover the exercise consideration, leaving 156,582 shares issued to EDGE Global. This is a standard capital-markets mechanics event that adjusts outstanding equity and warrant counts but does not provide performance metrics or operational guidance. The filing supplies clear quantities and prices but no additional context on strategic intent or use of proceeds (none received due to cashless nature).

TL;DR: Insider role and disclaimers are properly disclosed; ownership remains indirect with a pecuniary-interest disclaimer.

The Form 4 identifies Balazs Peter Matrai as a director and co-owner of EDGE Global LLC and includes the required disclosure that he disclaims beneficial ownership of the warrants except for his pecuniary interest. Signatures and powers of attorney are included. The filing documents compliance with Section 16 reporting for the described transactions without indicating any governance or control changes.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Matrai Balazs Peter

(Last) (First) (Middle)
1211 E 4TH ST.

(Street)
AUSTIN TX 78702

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
T1 Energy Inc. [ TE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Shares of Common Stock 08/27/2025 M 687,219(1) A $1.22 1,079,805 I By Self as Co-Owner of EDGE Global LLC(2)
Shares of Common Stock 08/27/2025 F 530,637(1) D $1.58 549,168 I By Self as Co-Owner of EDGE Global LLC(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants $1.22 08/27/2025 M 687,219 09/07/2021 08/27/2025 Shares of Common Stock 687,219 $0 0 I By Self as Co-Owner of EDGE Global LLC(2)
1. Name and Address of Reporting Person*
Matrai Balazs Peter

(Last) (First) (Middle)
1211 E 4TH ST.

(Street)
AUSTIN TX 78702

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
EDGE Global LLC

(Last) (First) (Middle)
210 LOCUST STREET

(Street)
PHILADELPHIA PA 19106

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
X Officer (give title below) Other (specify below)
Please see remarks.
Explanation of Responses:
1. On August 27, 2025, EDGE Global LLC ("EDGE Global"), exercised warrants to purchase 687,219 shares of common stock of the Issuer through cashless exercise, resulting in the withholding by the Issuer of 530,637 shares and issuing to EDGE Global the remaining 156,582 shares, based on the closing price of the Issuer's shares of common stock on August 27, 2025 of $1.58 per share.
2. Mr. Matrai is a co-owner of EDGE Global and disclaims beneficial ownership of the warrants held by EDGE Global except to the extent of his pecuniary interest therein.
Remarks:
Title: Co-Founder and Co-Managing Partner; Exhibit List Exhibit 24.1 - Power of Attorney (for Balazs Peter Matrai); Exhibit 24.2 - Power of Attorney (for EDGE Global LLC)
/s/ Michael Stephan, as Attorney-in-Fact 08/29/2025
EDGE Global LLC, By: /s/ Michael Stephan, as Attorney-in-Fact 08/29/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did T1 Energy (TE) disclose in the Form 4 filed for 08/27/2025?

The Form 4 reports EDGE Global LLC exercised 687,219 warrants via cashless exercise on 08/27/2025, with 530,637 shares withheld and 156,582 shares issued.

How many net shares were issued to EDGE Global after the cashless exercise?

EDGE Global received a net 156,582 shares of common stock following the cashless exercise on 08/27/2025.

What prices are disclosed in the Form 4 for the warrant exercise?

The filing shows a warrant reference of $1.22 and uses the issuer's closing stock price of $1.58 on 08/27/2025 to calculate the cashless withholding.

What is Balazs Peter Matrai's relationship to EDGE Global and T1 Energy (TE)?

Balazs Peter Matrai is disclosed as a director of T1 Energy and a co-owner of EDGE Global LLC; he disclaims beneficial ownership of the warrants except for any pecuniary interest.

Did the Form 4 indicate any change in control or additional material terms?

No. The filing documents a routine cashless warrant exercise and includes powers of attorney; it does not state any change in control or other material terms beyond the transaction.
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