Director at T1 Energy (TE) receives 33,375 RSUs as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hammond Robert O. reported acquisition or exercise transactions in this Form 4 filing.
T1 Energy Inc. director Hammond Robert O. received a grant of 33,375 Restricted Stock Units (RSUs) on July 2, 2026 under the company’s 2021 Equity Incentive Plan. Each RSU represents one share of common stock and will be settled in shares when vested.
The RSUs vest on the earlier of the first anniversary of the grant date or the date of T1 Energy’s 2027 annual general meeting, provided that meeting occurs at least 50 weeks after the 2026 annual meeting held on June 17, 2026. Following this award, Hammond holds 33,375 RSUs directly, and these RSUs do not have an expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hammond Robert O.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 33,375 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 33,375 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock. This transaction represents the grant on July 2, 2026 of 33,375 RSUs under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024). The RSUs vest on the earlier of (a) the first anniversary of the date of grant and (b) the date of the Company's 2027 annual general meeting of stockholders, provided that such meeting occurs at least 50 weeks after the Company's 2026 annual general meeting of stockholders, which took place on June 17, 2026. Vested RSUs will be settled in shares of Common Stock. The RSUs do not have an expiration date.
Key Figures
RSUs granted: 33,375 units
RSUs after transaction: 33,375 units
RSU vesting period: 1 year
+2 more
5 metrics
RSUs granted
33,375 units
Grant of Restricted Stock Units on July 2, 2026
RSUs after transaction
33,375 units
Total RSUs held directly following the award
RSU vesting period
1 year
Vest on first anniversary of grant if earlier than 2027 AGM
2026 annual meeting date
June 17, 2026
Reference date for 50-week condition tied to 2027 AGM vesting trigger
RSU exercise price
$0.0000 per unit
Equity award granted at no cash cost per RSU
Key Terms
Restricted Stock Units (RSUs), 2021 Equity Incentive Plan, vest, annual general meeting of stockholders, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2021 Equity Incentive Plan financial
"grant on July 2, 2026 of 33,375 RSUs under the Company's 2021 Equity Incentive Plan"
vest financial
"The RSUs vest on the earlier of (a) the first anniversary of the date of grant and (b) the date of the Company's 2027 annual general meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual general meeting of stockholders financial
"the date of the Company's 2027 annual general meeting of stockholders, provided that such meeting occurs at least 50 weeks after the Company's 2026 annual general meeting"
Common Stock financial
"Each Restricted Stock Unit ("RSU") represents the right to receive one share of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did T1 Energy (TE) director Hammond Robert O. report in this Form 4?
Director Hammond Robert O. reported receiving a grant of 33,375 Restricted Stock Units. The RSUs were awarded on July 2, 2026 under T1 Energy’s 2021 Equity Incentive Plan and represent equity-based compensation rather than an open-market stock purchase or sale.
How many T1 Energy (TE) RSUs were granted to Hammond Robert O.?
He was granted 33,375 Restricted Stock Units. Each RSU represents the right to receive one share of T1 Energy common stock upon vesting and settlement, giving him a potential future equity stake tied to the company’s share performance and continued service.
When do Hammond Robert O.’s T1 Energy (TE) RSUs vest?
The RSUs vest on the earlier of the first anniversary of the July 2, 2026 grant date or the 2027 annual general meeting. The 2027 meeting must occur at least 50 weeks after the June 17, 2026 annual meeting for that alternative vesting trigger to apply.
What does each T1 Energy (TE) RSU represent for Hammond Robert O.?
Each RSU represents the right to receive one share of T1 Energy common stock. Once the RSUs vest, they will be settled in shares, effectively converting this equity award into actual stock ownership for the director, subject to the plan’s terms.
How many T1 Energy (TE) RSUs does Hammond Robert O. hold after this grant?
Following this grant, he holds 33,375 RSUs directly. These units were all acquired in this single award, and the RSUs do not have an expiration date, remaining outstanding until they vest and are settled in common shares.