Tigo Energy director sells 63,452 shares to cover taxes
Tigo Energy director Tomer Babai sold 63,452 shares of Common Stock in an open-market transaction.
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Rhea-AI Filing Summary
Tigo Energy director Tomer Babai sold 63,452 shares of Common Stock in an open-market transaction. The shares were sold at a weighted average price of $4.1475 per share, with individual sale prices ranging from $4.025 to $4.235.
According to the footnote, this sale occurred upon the vesting of a restricted stock unit award granted on May 20, 2025 and was made solely to satisfy tax withholding obligations triggered by that vesting. After the transaction, Babai directly held 214,450 shares of Tigo Energy common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 63,452 | $4.1475 | $263K |
Footnotes (2)
- F1. The reporting person sold 63,452 shares of common stock, par value $0.0001 per share ("Common Stock"), upon the vesting of a restricted stock unit award granted to him on May 20, 2025, solely to satisfy tax withholding obligations incurred upon vesting.
- F2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $4.025 to $4.235, inclusive. The reporting person undertakes to provide to Tigo Energy, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Key Terms
restricted stock unit financial
tax withholding obligations financial
weighted average price financial
Common Stock financial
FAQ
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What insider transaction did Tigo Energy (TYGO) report for Tomer Babai?
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