STOCK TITAN

Tigo Energy (TYGO) CEO Alon Zvi sells 214K shares, exercises 137K options

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

TIGO ENERGY, INC. CEO, chairperson, and 10% owner Alon Zvi reported a combination of stock option exercises and share sales. On June 1–3, 2026, he exercised options to acquire 136,942 shares of common stock at an exercise price of $0.56 per share and sold 214,435 shares in open-market transactions at weighted average prices around $3.52–$3.85 per share. The footnotes state these were exercises and sales of options that were set to expire on June 19, 2026, and that the options had been fully exercisable since May 31, 2020. After these transactions, Zvi directly holds 1,311,373 shares of common stock and also has indirect ownership of 12,689,306 shares through Alon Ventures, LLC and 1,774,826 shares through a revocable trust.

Positive

  • None.

Negative

  • None.
Insider ALON ZVI
Role CEO / Chairperson
Sold 214,435 shs ($786K)
Type Security Shares Price Value
Exercise Stock option (right to buy) 10,419 $0.00 --
Exercise Common Stock 10,419 $0.56 $6K
Sale Common Stock 10,419 $3.52 $37K
Sale Common Stock 77,493 $3.52 $273K
Exercise Stock option (right to buy) 84,356 $0.00 --
Exercise Common Stock 84,356 $0.56 $47K
Sale Common Stock 84,356 $3.72 $314K
Exercise Stock option (right to buy) 42,167 $0.00 --
Exercise Common Stock 42,167 $0.56 $24K
Sale Common Stock 42,167 $3.85 $162K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Stock option (right to buy) — 0 shares (Direct, null); Common Stock — 1,399,285 shares (Direct, null); Common Stock — 1,774,826 shares (Indirect, By Revocable Trust)
Footnotes (1)
  1. Represents an exercise and sale by the reporting person of a stock option that was set to expire on June 19, 2026. 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. (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 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 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. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.79 to $3.92. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.64 to $3.83. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.45 to $3.73. The stock option was fully exercisable on May 31, 2020.
Shares sold 214,435 shares Total open-market sales of common stock on June 1–3, 2026
Options exercised 136,942 shares Common stock acquired via stock option exercises at $0.56
Exercise price $0.56 per share Stock option exercise or conversion price
Sale prices $3.52–$3.85 per share Weighted average prices from multiple open-market sales
Direct holdings after 1,311,373 shares Direct Tigo Energy common stock held after transactions
Indirect Alon Ventures LLC 12,689,306 shares Indirect common stock ownership by Alon Ventures, LLC
Indirect Revocable Trust 1,774,826 shares Indirect common stock ownership by Revocable Trust
Option expiration June 19, 2026 Stock options exercised were set to expire on this date
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
shares of Common Stock underlying RSUs granted financial
"Includes 57,971 shares of Common Stock underlying RSUs granted to the reporting person"
By Alon Ventures, LLC financial
"nature_of_ownership: "By Alon Ventures, LLC""
By Revocable Trust financial
"nature_of_ownership: "By Revocable Trust""
weighted average sale price financial
"Represents the weighted average sale price."
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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)
06/01/2026
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 Stock06/01/2026M42,167A$0.561,431,033(2)(3)D
Common Stock06/01/2026S(1)42,167D$3.85(4)1,388,866(2)(3)D
Common Stock06/02/2026M84,356A$0.561,473,222(2)(3)D
Common Stock06/02/2026S(1)84,356D$3.72(5)1,388,866(2)(3)D
Common Stock06/03/2026M10,419A$0.561,399,285(2)(3)D
Common Stock06/03/2026S(1)10,419D$3.52(6)1,388,866(2)(3)D
Common Stock06/03/2026S77,493D$3.52(6)1,311,373(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
Stock option (right to buy)$0.5606/01/2026M42,167 (7)06/19/2026Common Stock, $0.0001 par value42,167$0.0094,775D
Stock option (right to buy)$0.5606/02/2026M84,356 (7)06/19/2026Common Stock, $0.0001 par value84,356$0.0010,419D
Stock option (right to buy)$0.5606/03/2026M10,419 (7)06/19/2026Common Stock, $0.0001 par value10,419$0.000D
Explanation of Responses:
1. Represents an exercise and sale by the reporting person of a stock option that was set to expire on June 19, 2026.
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 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 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 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 the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.79 to $3.92.
5. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.64 to $3.83.
6. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.45 to $3.73.
7. The stock option was fully exercisable on May 31, 2020.
/s/ Bill Roeschlein, as attorney-in-fact06/03/2026
** 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 did TIGO ENERGY (TYGO) CEO Alon Zvi report in this Form 4?

Alon Zvi reported exercising stock options and selling common shares. He exercised 136,942 options at $0.56 per share and sold 214,435 shares in open-market transactions at weighted average prices between about $3.52 and $3.85 over June 1–3, 2026.

How many TIGO ENERGY (TYGO) shares did Alon Zvi sell and at what prices?

Alon Zvi sold 214,435 shares of TIGO ENERGY common stock. The reported transactions show weighted average sale prices of $3.85, $3.72, and $3.52 per share, with underlying trade prices ranging from $3.45 to $3.92 across multiple trades on June 1–3, 2026.

How many TIGO ENERGY (TYGO) stock options did Alon Zvi exercise?

He exercised options covering 136,942 shares of TIGO ENERGY common stock. These options had an exercise price of $0.56 per share and were fully exercisable since May 31, 2020, with an expiration date of June 19, 2026, according to the footnotes.

What are Alon Zvi’s direct TIGO ENERGY (TYGO) share holdings after the Form 4 transactions?

Following the reported transactions, Alon Zvi directly holds 1,311,373 shares of TIGO ENERGY common stock. This figure reflects his position after exercising stock options and selling shares in several open-market transactions during early June 2026.

What indirect TIGO ENERGY (TYGO) holdings are associated with Alon Zvi?

The filing lists 12,689,306 TIGO ENERGY shares held indirectly "By Alon Ventures, LLC" and 1,774,826 shares held indirectly "By Revocable Trust." These entries reflect indirect ownership forms, separate from his direct holdings of 1,311,373 shares.