Tigo Energy (TYGO) CEO Alon Zvi sells 214K shares, exercises 137K options
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 214,435 shares ($785,598)
Net Sell
12 txns
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)
- 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.
Key Figures
Shares sold: 214,435 shares
Options exercised: 136,942 shares
Exercise price: $0.56 per share
+5 more
8 metrics
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
Key Terms
Sale in open market or private transaction, Exercise or conversion of derivative security, shares of Common Stock underlying RSUs granted, By Alon Ventures, LLC, +2 more
6 terms
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""
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."
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) 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 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.