Tigo Energy (TYGO) CMO has 12,588 shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Tigo Energy, Inc. Chief Marketing Officer James JD Dillon reported a Form 4 reflecting a tax-withholding disposition of 12,588 shares of common stock on August 3, 2026 at $1.91 per share, used to satisfy tax obligations from vesting RSUs. Following this exempt disposition to the issuer under Rule 16b-3(e), he reports direct ownership of 186,492 shares, including RSUs granted in 2023, 2024 and 2025 under the 2023 Incentive Plan with time-based vesting over three years from each grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,588 shares
Net Sell
1 txn
Insider
Dillon James JD
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2, F3 | 12,588 | $1.91 | $24K |
Holdings After Transaction:
Common Stock — 186,492 shares (Direct)
Footnotes (3)
- F1. 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").
- F2. Includes 14,492 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 47,597 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 51,503 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 an equal number of shares of Common Stock were delivered to the reporting person on August 11, 2024 and August 11, 2025 and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on the third anniversary of the August 2023 Grant Date, subject to continued service through such vesting date.
- F3. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 vested and an equal number of shares of Common Stock were delivered to the reporting person on September 16, 2025, and one-third of the RSUs subject to the grant shall vest, and an equal number of shares of Common Stock will 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 vested and an equal number of shares of Common Stock were delivered to the reporting person on August 1, 2026, and one-third of the RSUs subject to the grant shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the second and third anniversaries of the August 2025 Grant Date, subject to continued service through each such vesting date.
Key Figures
Shares withheld for taxes: 12,588 shares
Withholding price per share: $1.91 per share
Shares owned after transaction: 186,492 shares
+3 more
6 metrics
Shares withheld for taxes
12,588 shares
Common stock withheld on August 3, 2026 to satisfy tax obligations from RSU vesting
Withholding price per share
$1.91 per share
Value assigned to shares withheld in the tax-withholding disposition
Shares owned after transaction
186,492 shares
Total direct common stock position reported following the August 3, 2026 disposition
2023 RSU grant size
14,492 shares
Common stock underlying RSUs granted on August 11, 2023 under the 2023 Incentive Plan
2024 RSU grant size
47,597 shares
Common stock underlying RSUs granted on September 16, 2024 under the 2023 Incentive Plan
2025 RSU grant size
51,503 shares
Common stock underlying RSUs granted on August 1, 2025 under the 2023 Incentive Plan
Key Terms
Rule 16b-3(e), restricted stock units, 2023 Incentive Plan, vesting, +1 more
5 terms
Rule 16b-3(e) regulatory
"withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax"
restricted stock units financial
"arising out of the vesting of previously reported restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Incentive Plan financial
"in each case, pursuant to the Issuer's 2023 Incentive Plan"
vesting financial
"One-Third (1/3) of the RSUs initially granted to the reporting person vested"
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.
exempt disposition regulatory
"Represents shares of common stock ... withheld in an exempt disposition to the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Tigo Energy (TYGO) report for James JD Dillon?
Tigo Energy reported that Chief Marketing Officer James JD Dillon had 12,588 shares of common stock withheld on August 3, 2026 to cover tax obligations from vesting RSUs, classified as an exempt disposition to the issuer under Rule 16b-3(e).
Was the Tigo Energy (TYGO) Form 4 a sale or tax withholding event?
The Form 4 reflects a tax-withholding disposition, not an open-market sale. 12,588 shares of common stock were withheld and delivered to the issuer specifically to satisfy tax withholding obligations arising from the vesting of previously reported restricted stock units.
What RSU grants for Tigo Energy (TYGO) are disclosed for James JD Dillon?
Disclosed RSU grants include 14,492 shares from August 11, 2023, 47,597 shares from September 16, 2024, and 51,503 shares from August 1, 2025. All were granted under Tigo Energy’s 2023 Incentive Plan with one-third vesting annually over three years.
How do the RSUs for Tigo Energy (TYGO) Chief Marketing Officer vest over time?
Each RSU grant vests in three equal annual installments. One-third vested on the first anniversary of each grant date, delivering common shares, and the remaining two-thirds vest on the second and third anniversaries, subject to the executive’s continued service.