[Form 4] Tecnoglass Inc. Insider Trading Activity

Rhea-AI Filing Summary

Tecnoglass Inc. (TGLS) director Joaquin Fernandez reported a sale of 1,495,898 ordinary shares on 08/14/2025 at a reported price of $79.03 per share. After the transaction he beneficially owned 20,210,090 shares. The Form 4 identifies the reporting person as a director and is signed by Joaquin Fernandez.

Positive

• None.

Negative

• Large insider disposition: Director sold 1,495,898 shares, which is a material standalone disclosure for investors.
• No explanatory detail provided: The Form 4 contains no explanation, plan or context for the sale beyond the transaction date and price.

Insights

Corporate Governance Expert

TL;DR: A director executed a large open-market sale; disclosure was made via Form 4.

This Form 4 shows a single sizable disposition by a director: 1,495,898 shares sold at $79.03, leaving 20,210,090 shares beneficially owned. The filing is a routine Section 16 disclosure that notifies investors of insider trading activity. The filing does not provide any explanation, plan, or deemed execution date beyond the transaction date, so no inference about intent or future governance actions can be drawn from the document alone.

Financial Analyst

TL;DR: Insider sale of material size was reported, but the Form 4 contains no operational or financial updates.

The filing documents a disposal of nearly 1.5 million shares at $79.03 each. This is a material insider sale in absolute terms, but the Form 4 contains no additional company financials, forward guidance, or linked transactions. As a standalone disclosure, it informs shareholders of insider liquidity but does not change the company's reported performance or capital structure in this filing.

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^*

Energy Holding Corp

(Last) (First) (Middle)

AVENIDA CIRCUNVALAR A 100 MTS DE LA VIA

BARRIO LAS FLORES

(Street)

BARRANQUILLA F8 080001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Tecnoglass Inc. [ TGLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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
Ordinary Shares	08/14/2025		S		1,495,898	D	$79.03	20,210,090	D

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:

	/s/ Joaquin Fernandez	08/14/2025
	** 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 insider transaction did Tecnoglass Inc. (TGLS) report on Form 4?

Director Joaquin Fernandez reported a sale of 1,495,898 ordinary shares on 08/14/2025 at $79.03 per share.

How many Tecnoglass (TGLS) shares does the reporting person own after the transaction?

After the sale the reporting person beneficially owned 20,210,090 shares.

What role does the reporting person hold at Tecnoglass (TGLS)?

The reporting person is identified as a Director of the issuer.

Does the Form 4 provide a reason or plan for the sale?

No. The filing records the transaction date, price, and amounts but includes no explanation or plan for the sale.

When was the Form 4 signed for Tecnoglass (TGLS)?

The Form 4 is signed by Joaquin Fernandez with the signature date shown as 08/14/2025.