[Form 4] Tigo Energy, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Chief Growth Officer Jing Tian received 77,124 restricted stock units (RSUs) of Tigo Energy (TYGO) on 08/01/2025. The award, granted under the 2023 Incentive Plan for $0.00, is coded “A” (award) on Form 4. After the grant, Tian directly owns 270,269 common shares.

The RSUs vest in three equal annual tranches on each anniversary of the grant date, providing multiyear retention incentives. Outstanding equity also includes 28,985 RSUs from an August 2023 grant and 71,274 RSUs from a September 2024 grant, each with identical 1⁄3-per-year vesting schedules.

No shares were sold and no derivative securities were exercised. The filing represents routine equity compensation that modestly increases insider ownership and better aligns management with shareholders; financial impact is limited to non-cash compensation expense and slight dilution.

Insights

Securities Analyst

TL;DR: Routine RSU grant; mildly positive signal from higher insider stake but minimal financial impact.

Tian’s 77,124-share RSU grant lifts her direct holdings to 270,269 shares, demonstrating commitment yet costing no cash. Because it is compensation, not an open-market buy, it carries less signaling power. Dilution is immaterial relative to typical share counts, and expense will be recognized over three years. Overall, the event is governance-neutral to slightly positive for alignment, with negligible effect on valuation or liquidity.

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

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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^*

Chang Yahui

(Last) (First) (Middle)

655 CAMPBELL TECHNOLOGY PKWY,

STE 150

(Street)

CAMPBELL CA 95008

(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 Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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	08/01/2025		A		78,149(1)	A	$0.00	222,149(2)	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"), underlying restricted stock units ("RSUs") granted to the reporting person on August 1, 2025 (the "August 2025 Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs 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.

2. Includes 144,000 shares of Common Stock underlying restricted stock units ("RSUs") granted to the reporting person on November 11, 2024 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs 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 October 7, 2024, subject to continued service through each such vesting date.

	/s/ Bill Roeschlein, as attorney-in-fact	08/05/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many TYGO shares did Jing Tian acquire on 08/01/2025?

She was granted 77,124 RSUs under the 2023 Incentive Plan.

What is Jing Tian’s total beneficial ownership after the grant?

She now directly owns 270,269 common shares of Tigo Energy.

When will the newly granted RSUs vest?

The RSUs vest in three equal annual tranches on each anniversary of the 08/01/2025 grant date.

Were any TYGO shares sold in this Form 4 filing?

No. The filing reports only an RSU grant; there were no sales.

Does the filing include derivative security exercises?

No derivative securities were reported as exercised or disposed.