300,000 options granted to T1 Energy (TE) CFO Joseph Calio
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
T1 Energy Inc. reported that its Chief Financial Officer, Joseph Evan Calio, received a grant of 300,000 stock options to buy common shares at an exercise price of $5.73 per share. The options were granted as compensation under the company’s 2021 Equity Incentive Plan.
The options vest in three equal installments, with one-third vesting on May 14, 2027, one-third on May 14, 2028, and the final third on May 14, 2029, and expire on May 14, 2031. Following this grant, Calio holds 300,000 stock options directly, and there were no open-market purchases or sales reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Calio Joseph Evan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 300,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 300,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 300,000 options
Exercise price: $5.73 per share
Post-grant option holdings: 300,000 options
+4 more
7 metrics
Options granted
300,000 options
Compensatory grant to CFO on May 14, 2026
Exercise price
$5.73 per share
Strike price for CFO stock options
Post-grant option holdings
300,000 options
Total options held directly after transaction
First vesting date
May 14, 2027
One-third of options vest
Second vesting date
May 14, 2028
One-third of options vest
Final vesting date
May 14, 2029
Final third of options vest
Option expiration
May 14, 2031
Expiration date of granted options
Key Terms
Stock Options (Right to Buy), 2021 Equity Incentive Plan, compensatory options, vesting
4 terms
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
2021 Equity Incentive Plan financial
"granted on May 14, 2026 pursuant to the 2021 Equity Incentive Plan"
compensatory options financial
"Consists of compensatory options which vest annually over three years"
vesting financial
"one-third (1/3) vest on May 14, 2027, one-third (1/3) vest on May 14, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did T1 Energy (TE) CFO Joseph Evan Calio receive in this Form 4?
T1 Energy CFO Joseph Evan Calio received a compensatory grant of 300,000 stock options. These options give him the right to buy common shares at $5.73 per share under the 2021 Equity Incentive Plan, with vesting spread over three years.
What is the exercise price and expiration date of the T1 Energy (TE) CFO’s options?
The granted options have an exercise price of $5.73 per share and expire on May 14, 2031. This means Calio can choose to buy T1 Energy common shares at $5.73 any time after vesting and before that expiration date.
How do the 300,000 T1 Energy (TE) stock options to the CFO vest over time?
The 300,000 stock options vest in three equal annual installments. One-third vests on May 14, 2027, another third on May 14, 2028, and the final third on May 14, 2029, aligning the award with multi-year service and performance.
How many T1 Energy (TE) stock options does the CFO hold after this transaction?
After this grant, the CFO is shown holding 300,000 stock options directly. These options relate to T1 Energy common stock and are subject to the stated vesting schedule and the final expiration date of May 14, 2031.