[Form 4] TIGO ENERGY, INC. Insider Trading Activity

Rhea-AI Filing Summary

Bill Roeschlein, Chief Financial Officer of TIGO ENERGY, INC. (TYGO), reported a transaction dated 09/16/2025. The filing shows 28,700 shares of Common Stock were disposed of on that date at a price of $1.65 per share (Transaction Code F) as shares withheld to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units (RSUs). After the transaction, the reporting person beneficially owned 425,629 shares. Footnotes detail RSU grants: 25,362 shares from August 11, 2023; 118,517 from September 16, 2024; and 192,366 from August 1, 2025, each with three-year vesting schedules.

Insights

Financial Analyst

TL;DR: Routine insider tax-withholding disposition; modest absolute share movement relative to total outstanding shares.

The Form 4 discloses a tax-withholding disposition of 28,700 shares at $1.65 related to vested RSUs, leaving 425,629 shares beneficially owned by the CFO. This is a standard administrative transaction tied to equity compensation vesting schedules and does not present new operational or financial information about the issuer. Investors should view this as a non-cash, compensatory-country event rather than an open-market sale signaling liquidity needs.

Corporate Governance Expert

TL;DR: Disclosure reflects routine RSU vesting and tax withholding; filing complies with Section 16 reporting.

The report includes clear footnotes describing the grant dates and vesting cadence for RSUs granted in 2023, 2024 and 2025 and specifies that shares were withheld to satisfy tax obligations. The Form 4 is signed and dated, indicating timely insider reporting. The transaction code and amounts are disclosed, meeting standard transparency expectations for executive equity events.

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).

1. Name and Address of Reporting Person^*

ROESCHLEIN BILL

(Last) (First) (Middle)

983 UNIVERSITY AVENUE

SUITE B

(Street)

LOS GATOS CA 95032

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TIGO ENERGY, INC. [ TYGO ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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
Common Stock	09/16/2025		F		28,700(1)	D	$1.65	425,629(2)(3)	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:

1. Represents shares of common stock, par value $0.0001 per share ("Common Stock") withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations of the reporting person arising out of the vesting of previously reported restricted stock units ("RSUs").

2. Includes 25,362 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 118,517 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 192,366 shares of Common Stock underlying RSU's granted to the reporting person on August 1, 2025 (the "August 2025 Grant Date") in each case, pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs initially granted to the reporting person on August 11, 2023 vested and were delivered to the reporting person on August 11, 2024, the first anniversary of the August 2023 Grant Date, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on each of the second and third anniversaries of the August 2023 Grant Date, subject to continued service through each such vesting date.

3. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 vested and were delivered to the reporting person on September 16, 2025, the first anniversary of the September 2024 Grant Date, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on each of the second and third anniversaries of the September 2024 Grant Date, subject to continued service through each such vesting date. One-Third (1/3) of the RSUs granted to the reporting person on August 1, 2025 shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the August 2025 Grant Date, subject to continued service through each such vesting date.

	/s/ Bill Roeschlein	09/18/2025
	** 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 transaction did TYGO CFO Bill Roeschlein report on Form 4?

The CFO reported a disposition of 28,700 shares on 09/16/2025 at $1.65 per share, coded as Transaction Code F.

Why were 28,700 shares disposed of according to the Form 4?

The filing states the 28,700 shares were withheld to satisfy tax withholding obligations arising from the vesting of previously reported RSUs.

How many shares does Bill Roeschlein beneficially own after the transaction?

Following the reported transaction, the filing shows he beneficially owns 425,629 shares.

What RSU grants are disclosed in the Form 4 footnotes?

Footnotes disclose RSUs underlying 25,362 shares from August 11, 2023, 118,517 shares from September 16, 2024, and 192,366 shares from August 1, 2025, each subject to three-year vesting schedules.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by /s/ Bill Roeschlein on 09/18/2025.