T1 Energy CFO exercises RSUs, covers taxes
T1 Energy Inc. Chief Financial Officer Joseph Evan Calio reported compensation-related equity activity, primarily from vesting restricted stock units and associated tax withholding.
Rhea-AI Filing Summary
T1 Energy Inc. Chief Financial Officer Joseph Evan Calio reported compensation-related equity activity, primarily from vesting restricted stock units and associated tax withholding. He exercised RSUs covering 922,475 shares of Common Stock in total on June 13, 2025 and January 1, 2026, which were later settled in shares in March 2026.
To cover tax obligations on these settlements, the company withheld 212,137 shares, 195,775 shares, and 210,688 shares of Common Stock on March 30 and March 13, 2026. After these transactions, he beneficially owned 1,484,337 shares of Common Stock and still held 844,952 and 500,000 unvested RSUs from prior grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
922,475 shares exercised/converted
Exercise
7 txns
Insider
Calio Joseph Evan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 212,137 | $2.58 | $547K |
| Exercise Price or Tax Liability | Common Stock | 195,775 | $1.39 | $272K |
| Exercise Price or Tax Liability | Common Stock | 210,688 | $6.68 | $1.41M |
| Exercise | Restricted Stock Units (RSUs) | 500,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 500,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSUs) | 422,475 | $0.00 | $0.00 |
| Exercise | Common Stock | 422,475 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 1,344,952 contracts (Direct);
Common Stock — 1,890,800 shares (Direct)
Footnotes (8)
- F1. This transaction represents the vesting on June 13, 2025 of 422,475 Restricted Stock Units ("RSUs") granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed August 9, 2024. This relates to the vesting of the first of three equal annual installments (further details in Note 7 below). Each RSU represents the right to receive one share of Common Stock. These 422,475 RSUs were settled in shares of Common Stock on March 13, 2026.
- F2. This transaction represents the vesting on January 1, 2026 of 500,000 RSUs granted on January 1, 2025 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed January 3, 2025. This relates to the vesting of the second of three equal annual installments (further details in Note 8 below). Each RSU represents the right to receive one share of Common Stock. These 500,000 RSUs were settled in shares of Common Stock on March 13, 2026.
- F3. This transaction represents 212,137 shares of Common Stock withheld for tax obligations in connection with the settlement on March 30, 2026 of 500,000 RSUs that vested on January 1, 2025 (the first of three equal annual installments). Those 500,000 RSUs had previously vested as reported on the Form 4 filed on January 3, 2025, however, settlement did not occur until March 30, 2026. Because the vesting of those 500,000 RSUs was previously reported, only the tax withholding is reported on this Form 4.
- F4. This transaction represents 195,775 shares of Common Stock withheld for tax obligations in connection with the settlement on March 13, 2026 of 422,475 RSUs that vested on June 13, 2025 (the first of three equal annual installments). The vesting of those 422,475 RSUs is described in Note 1 above.
- F5. This transaction represents 210,688 shares of Common Stock withheld for tax obligations in connection with the settlement on March 13, 2026 of 500,000 RSUs that vested on January 1, 2026 (the second of three equal annual installments). The vesting of those 500,000 RSUs is described in Note 2 above.
- F6. The 1,484,337 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,180,462 shares reported on the Form 4 filed January 3, 2025; plus (ii) 422,475 shares acquired upon vesting of RSUs on June 13, 2025 and subsequently settled on March 13, 2026 (Note 1 above); plus (iii) 500,000 shares acquired upon vesting of RSUs on January 1, 2026 and subsequently settled on March 13, 2026 (Note 2 above); less (iv) 212,137 shares withheld for tax upon settlement of RSUs on March 30, 2026 (Note 3 above); less (v) 195,775 shares withheld for tax upon settlement of RSUs on March 13, 2026 (Note 4 above); less (vi) 210,688 shares withheld for tax upon settlement of RSUs on March 13, 2026 (Note 5 above).
- F7. The RSUs reported on the Form 4 filed August 9, 2024 were granted for a total of 1,267,427 RSUs vesting in three equal annual installments: one-third vested on June 13, 2025; one-third will vest on June 13, 2026; and the remaining one-third will vest on June 13, 2027. Following the vesting and settlement of the first installment reported herein, 844,952 RSUs remain outstanding.
- F8. The RSUs reported on the Form 4 filed January 3, 2025 were granted for a total of 1,500,000 RSUs vesting in three equal annual installments: one-third vested on January 1, 2025; one-third vested on January 1, 2026; and the remaining one-third will vest on January 1, 2027. That filing reported 500,000 shares acquired in Table I and 1,000,000 RSUs in Table II, representing the unvested second and third installments. Following the vesting and settlement of the second installment reported herein, 500,000 RSUs remain outstanding and are reported in Table II, representing the third and final installment of the grant dated January 1, 2025. No Table II disposition was reported for the first installment because those RSUs were converted to shares upon vesting on January 1, 2025 and reported in Table I on the prior filing, not in Table II.
Key Figures
RSU exercises: 922,475 shares
Tax withholding shares: 618,600 shares
Tax withholding at $2.58: 212,137 shares at $2.5800
+5 more
8 metrics
RSU exercises
922,475 shares
Total shares underlying RSUs exercised on Jun 13, 2025 and Jan 1, 2026
Tax withholding shares
618,600 shares
Common shares withheld for tax obligations in March 2026
Tax withholding at $2.58
212,137 shares at $2.5800
Shares withheld on March 30, 2026 for RSU tax obligations
Tax withholding at $1.39
195,775 shares at $1.3900
Shares withheld on March 13, 2026 tied to 422,475 RSUs
Tax withholding at $6.68
210,688 shares at $6.6800
Shares withheld on March 13, 2026 tied to 500,000 RSUs
Post-transaction holdings
1,484,337 shares
Common shares beneficially owned after the reported transactions
Remaining RSUs from 2024 grant
844,952 RSUs
Unvested RSUs remaining after first installment vested and settled
Remaining RSUs from 2025 grant
500,000 RSUs
Unvested third installment of January 1, 2025 RSU grant
Key Terms
Restricted Stock Units ("RSUs"), withheld for tax obligations, 2021 Equity Incentive Plan, vesting, +2 more
6 terms
Restricted Stock Units ("RSUs") financial
"This transaction represents the vesting on June 13, 2025 of 422,475 Restricted Stock Units ("RSUs") granted on June 13, 2024"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
withheld for tax obligations financial
"This transaction represents 212,137 shares of Common Stock withheld for tax obligations in connection with the settlement"
2021 Equity Incentive Plan financial
"granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024)"
vesting financial
"This transaction represents the vesting on January 1, 2026 of 500,000 RSUs granted on January 1, 2025"
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.
beneficially owned financial
"The 1,484,337 shares of Common Stock beneficially owned following the reported transactions reflects:"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did T1 Energy (TE) CFO Joseph Evan Calio report in this Form 4?
T1 Energy CFO Joseph Evan Calio reported RSU vesting and related share settlements, plus shares withheld for taxes. These actions reflect routine equity compensation events, not open-market buying or selling of T1 Energy common stock.
What unvested RSUs remain outstanding for the T1 Energy (TE) CFO?
Following these vesting and settlement events, 844,952 RSUs remain from a June 13, 2024 grant and 500,000 RSUs remain from a January 1, 2025 grant. These units are scheduled to vest in future annual installments under the company’s equity plan.
Were the T1 Energy (TE) CFO’s Form 4 transactions open-market sales?
The reported dispositions are not open-market sales. They represent shares of T1 Energy common stock withheld by the company to satisfy tax obligations arising from RSU settlements, a common feature of equity compensation programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
