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Tigo Energy (TYGO) CEO Zvi Alon granted shares and has stock withheld for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tigo Energy CEO and Chairperson Zvi Alon reported equity compensation activity tied to performance stock units and tax withholding. On March 17, 2026, he acquired 163,953 shares of Common Stock at $0.00 per share as a grant/award, following a compensation committee determination that performance conditions for previously granted PSUs were met for the 2025 performance period.

In connection with this vesting, 84,349 shares of Common Stock were withheld at $4.14 per share to cover tax obligations. After these transactions, Alon held 1,388,866 Common shares directly. The filing also reports 1,774,826 shares held indirectly through a revocable trust and 12,689,306 shares held indirectly through Alon Ventures, LLC, reflecting additional indirect ownership positions.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED 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*
ALON ZVI

(Last)(First)(Middle)
983 UNIVERSITY AVENUE
SUITE B

(Street)
LOS GATOS CALIFORNIA 95032

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TIGO ENERGY, INC. [ TYGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO / Chairperson
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/17/2026A163,953(1)A$0.001,473,215(2)(3)D
Common Stock03/17/2026F84,349(4)D$4.141,388,866(2)(3)D
Common Stock1,774,826IBy Revocable Trust
Common Stock12,689,306IBy Alon Ventures, LLC
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares of Common Stock were acquired upon a determination by the Company's Compensation Committee that the performance conditions had been met for the issuance of such shares pursuant to performance stock units ("PSUs") that were granted to the reporting person on September 16, 2024. The PSUs vest over a three-year period, with one-third of the PSUs eligible to vest each calendar year based on the achievement of performance goals for each of the calendar year periods ended December 31, 2025, 2026 and 2027 (each a "Performance Period"), subject to continued service through and including the first calendar day after the end of each such Performance Period. This amount represents the portion of the PSUs that vested following the first Performance Period, based upon the Company's achievement of the revenue and adjusted EBITDA performance goals for the year ended December 31, 2025.
2. Includes 57,971 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 222,220 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 360,687 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 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 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.
4. Represents shares of Common Stock withheld to cover the tax withholding obligations in connection with the settlement of the PSUs described in Footnote 1.
/s/ Bill Roeschlein, as attorney-in-fact03/19/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Tigo Energy (TYGO) report for CEO Zvi Alon?

Tigo Energy reported that CEO Zvi Alon received a grant of 163,953 Common shares upon vesting of performance stock units, with part of the shares withheld for taxes. This reflects compensation-based equity, not an open-market purchase or sale.

How many Tigo Energy (TYGO) shares did Zvi Alon acquire and at what price?

Zvi Alon acquired 163,953 shares of Tigo Energy Common Stock at $0.00 per share as part of a performance stock unit award. The shares were issued after the company met revenue and adjusted EBITDA goals for the 2025 performance period.

Why were some Tigo Energy (TYGO) shares disposed of in Zvi Alon’s Form 4?

The Form 4 shows 84,349 shares disposed of solely to cover tax withholding obligations tied to the PSU settlement. These shares were valued at $4.14 each and represent a tax-withholding mechanism, rather than an open-market sale by the CEO.

What are Zvi Alon’s direct and indirect Tigo Energy (TYGO) share holdings after this filing?

Following the reported transactions, Zvi Alon directly held 1,388,866 Tigo Energy Common shares. The filing also reports 1,774,826 shares held through a revocable trust and 12,689,306 shares held through Alon Ventures, LLC as indirect ownership positions.

How are the performance stock units for Tigo Energy (TYGO) structured for Zvi Alon?

The PSUs were granted on September 16, 2024 and vest over three years, with one-third eligible each year. Vesting depends on revenue and adjusted EBITDA goals for calendar years 2025, 2026, and 2027, and requires Alon’s continued service through each performance period.

What other equity awards does Zvi Alon hold at Tigo Energy (TYGO)?

The filing notes additional RSUs underlying 57,971 shares from an August 11, 2023 grant, 222,220 shares from a September 16, 2024 grant, and 360,687 shares from an August 1, 2025 grant, all under Tigo Energy’s 2023 Incentive Plan.
Tigo Energy Inc.

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