Tigo Energy (TYGO) CEO Alon Zvi sells 214K shares, exercises 137K options
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 10,419 | $0.00 | $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 | $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 | $0.00 |
| Exercise | Common Stock | 42,167 | $0.56 | $24K |
| Sale | Common Stock | 42,167 | $3.85 | $162K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. Represents an exercise and sale by the reporting person of a stock option that was set to expire on June 19, 2026.
- F2. 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.
- F3. (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.
- F4. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.79 to $3.92.
- F5. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.64 to $3.83.
- F6. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.45 to $3.73.
- F7. The stock option was fully exercisable on May 31, 2020.
Key Figures
Key Terms
Sale in open market or private transaction financial
Exercise or conversion of derivative security financial
By Alon Ventures, LLC financial
By Revocable Trust financial
weighted average sale price financial
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