Tigo Energy (TYGO) CEO Zvi Alon awarded 233,900 RSUs, withholds shares for taxes
Rhea-AI Filing Summary
TIGO ENERGY, INC. CEO and Chairperson Zvi Alon reported equity compensation and related tax withholding in company stock. On August 7, 2026, he received a grant of 233,900 shares of common stock underlying restricted stock units (RSUs) under the 2023 Incentive Plan, vesting in three equal annual installments starting on the August 2026 grant date, subject to continued service. On August 11, 2026, 29,496 shares of common stock were withheld and returned to the issuer at $1.25 per share to satisfy tax withholding obligations arising from vesting of previously reported RSUs. Following these events, he also reports indirect ownership of 1,774,826 shares held by a revocable trust and 12,689,306 shares held by Alon Ventures, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 204,404 shares
Net Buy
4 txns
Insider
ALON ZVI
Role
CEO / Chairperson
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F5, F3, F4, F6 | 29,496 | $1.25 | $37K |
| Grant/Award | Common Stock F1, F2, F3, F4 | 233,900 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,382,097 shares (Direct);
Common Stock — 1,774,826 shares (Indirect, By Revocable Trust);
Common Stock — 12,689,306 shares (Indirect, By Alon Ventures, LLC)
Footnotes (6)
- F1. Represents shares of common stock, par value $0.0001 per share ("Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on August 7, 2026 (the "August 2026 Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs 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 2026 Grant Date, subject to continued service through each such vesting date.
- F2. Includes 28,475 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 240,458 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.
- F3. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs initially granted to the reporting person on August 11, 2023 vested and an equal number of shares of Common Stock were delivered to the reporting person on August 11, 2024, August 11, 2025, and August 11, 2026. 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 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.
- F4. One-Third (1/3) of the RSUs granted to the reporting person on August 1, 2025 vested and an equal number of shares of Common Stock were delivered to the reporting person on August 1, 2026, 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 August 2025 Grant Date, subject to continued service through each such vesting date.
- F5. Represents shares of common stock, par value $0.0001 per share ("Common Stock") withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations of the reporting person arising out of the vesting of previously reported restricted stock units ("RSUs").
- F6. Includes 222,220 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 240,458 shares of Common Stock underlying RSU's granted to the reporting person on August 1, 2025 (the "August 2025 Grant Date"), and 233,900 shares of Common Stock underlying RSUs granted to the reporting person on August 7, 2026 (the "August 2026 Grant Date"), in each case, pursuant to the Issuer's 2023 Incentive Plan.
Key Figures
RSU-based shares granted: 233,900 shares
Shares withheld for taxes: 29,496 shares
Tax withholding reference price: $1.25 per share
+3 more
6 metrics
RSU-based shares granted
233,900 shares
Common Stock underlying RSUs granted on August 7, 2026
Shares withheld for taxes
29,496 shares
Common Stock withheld on August 11, 2026 to satisfy tax withholding obligations
Tax withholding reference price
$1.25 per share
Value used for shares withheld on August 11, 2026
Indirect shares by revocable trust
1,774,826 shares
Common Stock held indirectly by revocable trust as of August 7, 2026
Indirect shares by Alon Ventures, LLC
12,689,306 shares
Common Stock held indirectly by Alon Ventures, LLC as of August 7, 2026
RSUs under 2023 Incentive Plan (context)
222,220; 240,458; 233,900 shares
Unvested RSUs from September 16, 2024; August 1, 2025; August 7, 2026 grants
Key Terms
restricted stock units, Rule 16b-3(e), revocable trust, 2023 Incentive Plan, +1 more
5 terms
restricted stock units financial
"Represents shares of common stock ... underlying restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 16b-3(e) regulatory
"withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax"
revocable trust financial
"total_shares_following_transaction ... nature_of_ownership "By Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
2023 Incentive Plan financial
"granted to the reporting person ... pursuant to the Issuer's 2023 Incentive Plan"
vesting financial
"One-Third (1/3) of the RSUs shall vest, and an equal number of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity award did TYGO CEO Zvi Alon receive on August 7, 2026?
Zvi Alon received 233,900 RSU-based shares of TIGO ENERGY, INC. common stock on August 7, 2026. These RSUs vest in three equal annual installments beginning on the August 2026 grant date, subject to his continued service.
How are Zvi Alon’s new RSUs for TYGO structured for vesting?
The 233,900 RSUs granted on August 7, 2026 vest one-third on each of the first three anniversaries of that grant date, with an equal number of common shares delivered at each vesting, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
