Tigo Energy CEO has 56,533 shares withheld for taxes
TIGO ENERGY CEO Alon Zvi had shares withheld for taxes on RSU vesting and continues to hold a substantial direct and indirect stake in TYGO.
Rhea-AI Filing Summary
TIGO ENERGY, INC. (TYGO) director, CEO and chairperson Alon Zvi reported a disposition of 56,533 shares of common stock on September 16, 2026 at $1.03 per share. The shares were withheld to satisfy tax withholding obligations arising from vesting of previously reported RSUs, not sold in the market. After this withholding, Zvi holds 1,325,564 shares directly, plus indirect holdings of 1,774,826 shares through a revocable trust and 12,689,306 shares through Alon Ventures, LLC. No Rule 10b5-1 trading plan is reported.
Positive
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Negative
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Insider Trade Summary
Tax Withholding: 56,533 shares
Tax Withholding
3 txns
Insider
ALON ZVI
Role
CEO / Chairperson
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2, F3, F4 | 56,533 | $1.03 | $58K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,325,564 shares (Direct);
Common Stock — 1,774,826 shares (Indirect, By Revocable Trust);
Common Stock — 12,689,306 shares (Indirect, By Alon Ventures, LLC)
Footnotes (4)
- F1. 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").
- F2. Includes 111,110 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), 240,458 shares of Common Stock underlying RSUs 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.
- F3. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 vested and an equal number of shares of Common Stock were delivered to the reporting person on each of September 16, 2025 and September 16, 2026. One-third (1/3) 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 the third anniversary of the September 2024 Grant Date, subject to continued service through each such vesting date.
- F4. (Continuation of the Footnote (2)) 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. One-Third (1/3) of the RSUs granted to the reporting person on August 7, 2026 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.
Key Figures
Shares withheld for taxes: 56,533 shares
Reference price per share: $1.03 per share
Direct holdings after transaction: 1,325,564 shares
+5 more
8 metrics
Shares withheld for taxes
56,533 shares
Common stock withheld on September 16, 2026 to satisfy tax withholding obligations from RSU vesting
Reference price per share
$1.03 per share
Price associated with the 56,533 withheld shares on September 16, 2026
Direct holdings after transaction
1,325,564 shares
Common stock directly owned by Alon Zvi following the September 16, 2026 withholding transaction
Indirect holdings by revocable trust
1,774,826 shares
Common stock indirectly owned through a revocable trust as reported on September 16, 2026
Indirect holdings by Alon Ventures, LLC
12,689,306 shares
Common stock indirectly owned through Alon Ventures, LLC as reported on September 16, 2026
RSUs granted September 16, 2024
111,110 shares underlying RSUs
Part of holdings under the 2023 Incentive Plan referenced in footnotes
RSUs granted August 1, 2025
240,458 shares underlying RSUs
Part of holdings under the 2023 Incentive Plan referenced in footnotes
RSUs granted August 7, 2026
233,900 shares underlying RSUs
Part of holdings under the 2023 Incentive Plan referenced in footnotes
Key Terms
restricted stock units, Rule 16b-3(e), revocable trust, 2023 Incentive Plan
4 terms
restricted stock units financial
"arising out of the vesting of previously reported restricted stock units"
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)"
revocable trust financial
"Common Stock indirectly owned with 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
"in each case, pursuant to the Issuer's 2023 Incentive Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did TYGO CEO Alon Zvi report on September 16, 2026?
Alon Zvi reported that 56,533 TYGO shares of common stock were withheld on September 16, 2026 to pay tax withholding obligations arising from the vesting of previously reported RSUs, at a reference price of $1.03 per share.
Was the TYGO Form 4 transaction an open-market sale by Alon Zvi?
No. The filing states the 56,533 shares were withheld in an exempt disposition to the issuer under Rule 16b-3(e) to satisfy tax withholding obligations from RSU vesting, rather than being sold in the open market.
What indirect TYGO holdings does Alon Zvi report?
In addition to direct holdings, Alon Zvi reports 1,774,826 shares held by a revocable trust and 12,689,306 shares held by Alon Ventures, LLC, both reported as indirect ownership of TIGO ENERGY, INC. common stock.
Were Rule 10b5-1 trading plans involved in this TYGO Form 4 transaction?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the September 16, 2026 transaction was made under a Rule 10b5-1 trading plan.
What RSU grants to Alon Zvi are referenced in the TYGO Form 4 footnotes?
The footnotes state that holdings include RSUs for 111,110 shares granted on September 16, 2024, 240,458 shares granted on August 1, 2025, and 233,900 shares granted on August 7, 2026, all under the company’s 2023 Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
