T1 Energy Inc. SEC Filings

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.

T1 Energy Inc. is asking stockholders to approve several proposals at its 2026 virtual annual meeting, including electing eight directors, ratifying KPMG LLP as auditor, an advisory say-on-pay vote, and doubling authorized common shares from 500,000,000 to 1,000,000,000.

The company highlights its G1_Dallas solar plant, which manufactured 2.79 gigawatts of modules and generated $755.3 million in net sales in 2025, and ongoing construction of its G2_Austin cell facility with planned 5 gigawatts of capacity and up to 1,800 jobs when both phases are complete.

As of May 8, 2026, T1 had 279,068,577 common shares outstanding. The proxy also details board structure, director independence and pay, material weakness remediation efforts, and significant holders such as Encompass Capital Advisors and Trina Solar (Schweiz) AG.

TE — Form 144 filing for proposed sale of common stock. The filing lists 3,500,000 shares of Common stock to be sold through J.P. Morgan Securities LLC on 05/14/2026. The entry notes the securities were originally converted to public shares on 07/09/2021 in the merger that took the company public.

T1 Energy Inc. reported sharply higher Q1 2026 sales but remained unprofitable overall. Total net sales rose to $177.6 million from $53.5 million, almost entirely from a single related-party customer. Gross profit reached $29.1 million, but selling, general and administrative expenses of $51.6 million kept operating results pressured.

Continuing operations generated net income of $3.9 million, helped by derivative and warrant fair value gains, yet discontinued operations produced a $24.3 million loss, leading to a total net loss of $20.4 million attributable to common shareholders of $(21.4) million, or $(0.08) per share.

Cash, cash equivalents, and restricted cash fell to $123.7 million from $270.8 million, driven by negative operating cash flow of $72.9 million and capital expenditures of $60.7 million. Total assets were $1.34 billion and total liabilities $1.03 billion, with debt principal of $404.5 million including $161.0 million of 2030 Convertible Notes.

The company highlights significant customer, supplier, and production concentration risks, complex related-party arrangements with the Trina Group, and multiple legal and regulatory matters. Management nevertheless asserts it has sufficient liquidity to support planned operations for at least 12 months and is expanding U.S. solar manufacturing capacity in Texas.

T1 Energy Inc. reported first quarter 2026 results showing strong growth in its U.S. solar manufacturing business while still posting an overall loss. Total net sales reached $177.6 million, up from $53.5 million a year earlier, driven mainly by related-party module sales. Gross profit was $29.1 million, a 17% gross margin, as fixed-margin and cost-plus contracts supported pricing.

The company generated record net income from continuing operations of $3.9 million, or $0.01 per share$24.3 million loss from discontinued operations led to a total net loss of $20.4 million and a net loss attributable to common stockholders of $21.4 million, or ($0.08) per share. Adjusted EBITDA from continuing operations turned positive to $9.1 million from a $4.0 million loss in the prior-year quarter, reflecting higher volumes and lower third-party fees.

Cash, cash equivalents and restricted cash declined to $123.7 million as of March 31, 2026 from $270.8 million at year-end, mainly due to $72.9 million of operating cash outflows and $60.7 million of capital expenditures, including work on the G2_Austin cell facility. T1 produced about 638 MW of modules at its G1_Dallas plant and maintained 2026 production guidance of 3.1–4.2 GW, targeting the high end based on international cell procurement. Management reaffirmed an integrated Adjusted EBITDA run-rate target of $375–$450 million for 2027 from G1_Dallas and Phase 1 of G2_Austin, and longer-term $650–$700 million when both sites are fully ramped to 5 GW each.