Tigo Energy CEO sells 72,057 shares in open market
Tigo Energy, Inc. director and CEO Zvi Alon reported an open-market sale of 72,057 shares of Common Stock at a weighted average price of $3.42 per share.
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Rhea-AI Filing Summary
Tigo Energy, Inc. director and CEO Zvi Alon reported an open-market sale of 72,057 shares of Common Stock at a weighted average price of $3.42 per share. The sale on June 4, 2026 was executed in multiple trades between $3.37 and $3.50 per share.
Following this sale, he directly holds 1,239,316 common shares. In addition, 12,689,306 shares are held indirectly through Alon Ventures, LLC and 1,774,826 shares are held indirectly through a revocable trust. His direct holdings include restricted stock units (RSUs) granted under the company’s 2023 Incentive Plan that vest in thirds on specified anniversaries through future years, contingent on continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 72,057 | $3.42 | $246K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.37 to $3.50.
- 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.
Key Figures
Key Terms
weighted average sale price financial
RSUs financial
2023 Incentive Plan financial
Revocable Trust financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tigo Energy (TYGO) report for Zvi Alon?
Are any of Zvi Alon’s Tigo Energy (TYGO) holdings in RSUs?
What role does Zvi Alon hold at Tigo Energy (TYGO) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.