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TE Form 4: Director Tore Slettemoen reports two sales totaling 214,534 shares

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

Rhea-AI Filing Summary

T1 Energy Inc. director Tore Ivar Slettemoen reported two open-market sales of Common Stock. On 09/11/2025 he sold 26,114 shares at $1.97, leaving 5,054,332 shares reported as beneficially owned. On 09/15/2025 he sold 188,420 shares at $1.81, leaving 4,865,912 shares reported as beneficially owned. The ownership is reported indirectly through Teknovekst UK Ltd, whose sole shareholder is Teknovekst Invest AS; Teknovekst AS owns 99.9% of Teknovekst Invest and Mr. Slettemoen is the sole owner of Teknovekst AS. The Form 4 includes an exhibit referencing a Power of Attorney and is signed by an attorney-in-fact on 09/15/2025.

Positive

  • Transparent disclosure of transaction dates, prices and post-transaction beneficial ownership
  • Clear chain of indirect ownership through Teknovekst UK Ltd and Teknovekst Invest AS is documented

Negative

  • Director sold 214,534 shares across two trades (26,114 and 188,420), which reduces reported beneficial holdings
  • No explanatory detail provided on motivation for sales or whether trades were under a 10b5-1 plan

Insights

TL;DR: Director sold 214,534 shares across two trades at ~$1.81–$1.97; ownership remains large and held indirectly.

The filing documents two small open-market dispositions totaling 214,534 shares on 09/11/2025 and 09/15/2025 at prices of $1.97 and $1.81 respectively. After the transactions the reporting entity is shown as beneficial owner of 4,865,912 shares. The shares are held through a multi-tiered corporate chain: Teknovekst UK Ltd (direct holder), Teknovekst Invest AS (sole shareholder of Teknovekst UK), and Teknovekst AS (99.9% owner of Teknovekst Invest), whose sole owner is Mr. Slettemoen. The disclosure is routine and provides clear pricing and post-transaction ownership figures.

TL;DR: Insider selling is disclosed with clear indirect ownership structure; no additional context on motive provided.

The Form 4 properly reports two dispositions and documents the indirect ownership chain and a disclaimer of direct beneficial ownership by Mr. Slettemoen except for his pecuniary interest. The filing includes a Power of Attorney exhibit and a signature by an attorney-in-fact. There is no information in the filing about any rule 10b5-1 plan, trading restrictions, or the rationale for the sales; the report is limited to transaction mechanics and corporate ownership details.

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*
Slettemoen Tore Ivar

(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)
09/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 09/11/2025 S 26,114 D $1.97 5,054,332 I See footnote(1)
Shares of Common Stock 09/15/2025 S 188,420 D $1.81 4,865,912 I See footnote(1)
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
Explanation of Responses:
1. Teknovekst UK Ltd, incorporated in the United Kingdom ("Teknovekst UK"), directly holds 4,865,912 shares of Common Stock, whose sole shareholder is Teknovekst Invest AS, incorporated in Norway ("Teknovekst Invest"). Teknovekst AS, also incorporated in Norway, may be deemed to beneficially own the shares held by Teknovekst UK by virtue of its 99.9% ownership of Teknovekst Invest. Mr. Slettemoen is the sole owner of Teknovekst AS and disclaims beneficial ownership of the shares held by Teknovekst AS except to the extent of his pecuniary interest therein.
Remarks:
Exhibit List Exhibit 24.1 - Power of Attorney
/s/ Michael Stephan, as Attorney-in-Fact 09/15/2025
** 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 transactions did T1 Energy Inc. (TE) insider Tore Ivar Slettemoen report?

The Form 4 reports two sales: 26,114 shares on 09/11/2025 at $1.97 and 188,420 shares on 09/15/2025 at $1.81.

How many shares does the reporting entity beneficially own after these trades?

The filing reports 5,054,332 shares after the 09/11/2025 trade and 4,865,912 shares after the 09/15/2025 trade.

How is the reported ownership held for TE shares in this Form 4?

Ownership is reported indirectly through Teknovekst UK Ltd (direct holder), whose sole shareholder is Teknovekst Invest AS; Teknovekst AS owns 99.9% of Teknovekst Invest, and Mr. Slettemoen is sole owner of Teknovekst AS.

Does the filing state whether these trades were made under a 10b5-1 trading plan?

The Form 4 does not state that the transactions were made pursuant to a 10b5-1 plan; no such plan is disclosed in this filing.

Who signed the Form 4 for the reporting person?

The Form 4 is signed by Michael Stephan, as Attorney-in-Fact on 09/15/2025.
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