Tigo Energy director sells shares to cover taxes
Tigo Energy director Manor Sagit reported a tax-related share sale.
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Rhea-AI Filing Summary
Tigo Energy director Manor Sagit reported a tax-related share sale. She sold 63,500 shares of common stock at a weighted average price of $2.85 per share to satisfy tax withholding obligations triggered by the vesting of a restricted stock unit award granted on May 20, 2025.
After the sale, she holds 323,098 shares, including 33,068 shares underlying RSUs granted on May 20, 2026 that are scheduled to vest in full immediately prior to Tigo Energy’s 2027 Annual Meeting of Stockholders, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 63,500 | $2.85 | $181K |
Footnotes (3)
- F1. The reporting person sold 63,500 shares of common stock, par value $0.0001 per share ("Common Stock"), upon the vesting of a restricted stock unit award granted to her on May 20, 2025, solely to satisfy tax withholding obligations incurred upon vesting.
- F2. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $2.80 to $2.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3. Includes 33,068 shares of Common Stock underlying RSUs granted to the reporting person on May 20, 2026. The RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service through such vesting date.
Key Figures
Key Terms
restricted stock unit financial
weighted average sale price financial
tax withholding obligations financial
Annual Meeting of Stockholders financial
FAQ
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What insider transaction did Tigo Energy (TYGO) director Manor Sagit report?
What future RSU vesting does Manor Sagit have at Tigo Energy (TYGO)?
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