STOCK TITAN

Director Joan C. Conley trims Tigo Energy (TYGO) stake with 50,000-share sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tigo Energy director Joan C. Conley reported an open-market sale of 50,000 shares of Common Stock at a weighted average price of $3.10 per share on June 10, 2026. The sale was executed in multiple trades at prices ranging from $3.06 to $3.18 per share.

After this transaction, her reported position is 227,902 shares, which includes 33,068 shares underlying restricted stock units granted on May 20, 2026 that are scheduled to vest immediately prior to Tigo Energy's 2027 Annual Meeting of Stockholders, subject to continued service.

Positive

  • None.

Negative

  • None.

Insights

Director executes moderate open-market sale while retaining a sizable equity position.

Joan C. Conley, a director of Tigo Energy, executed an open-market sale of 50,000 Common Stock shares at a weighted average of $3.10. Prices ranged from $3.06 to $3.18, indicating the order was filled across the trading range that day.

Following the sale, her reported holdings total 227,902 shares, indicating she retains a substantial equity stake. This figure includes 33,068 shares underlying RSUs granted on May 20, 2026, which are scheduled to vest immediately prior to the company’s 2027 Annual Meeting of Stockholders, subject to continued service.

The filing shows no derivative exercises or tax-withholding events and reflects a straightforward open-market disposition. As a result, this looks like a routine liquidity or portfolio-management move rather than a transformational change in insider ownership, based solely on the information disclosed.

Insider Conley Joan C
Role null
Sold 50,000 shs ($155K)
Type Security Shares Price Value
Sale Common Stock 50,000 $3.10 $155K
Holdings After Transaction: Common Stock — 227,902 shares (Direct, null)
Footnotes (1)
  1. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.06 to $3.18, inclusive. The reporting person undertakes to provide to 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 ranges set forth in this footnote. Includes 33,068 shares of Common Stock underlying RSUs granted to the reporting person on May 20, 2026. The RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service through such vesting date.
Shares sold 50,000 shares Open-market sale on June 10, 2026
Weighted average sale price $3.10 per share Common Stock sale
Sale price range $3.06–$3.18 per share Multiple transactions within this range
Shares held after transaction 227,902 shares Total reported holdings following sale
RSU underlying shares 33,068 shares RSUs granted May 20, 2026, vesting before 2027 meeting
weighted average sale price financial
"Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging"
RSUs financial
"Includes 33,068 shares of Common Stock underlying RSUs granted to the reporting person on May 20, 2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Annual Meeting of Stockholders financial
"immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Conley Joan C

(Last)(First)(Middle)
983 UNIVERSITY AVENUE,
SUITE B

(Street)
LOS GATOS CALIFORNIA 95032

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TIGO ENERGY, INC. [ TYGO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026S50,000D$3.1(1)227,902(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $3.06 to $3.18, inclusive. The reporting person undertakes to provide to 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 ranges set forth in this footnote.
2. Includes 33,068 shares of Common Stock underlying RSUs granted to the reporting person on May 20, 2026. The RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service through such vesting date.
/s/ Bill Roeschlein, as attorney-in-fact06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Tigo Energy (TYGO) director Joan C. Conley report?

Joan C. Conley reported selling 50,000 shares of Tigo Energy Common Stock in an open-market transaction. The weighted average sale price was $3.10 per share, with trades executed between $3.06 and $3.18 during the transaction date.

At what prices did Joan C. Conley sell her Tigo Energy (TYGO) shares?

The reported sale used a weighted average price of $3.10 per share. Individual trades occurred in multiple transactions, with sale prices ranging from $3.06 to $3.18 per share, as disclosed in the transaction footnote.

How many Tigo Energy (TYGO) shares does Joan C. Conley hold after the reported sale?

After the sale, Joan C. Conley’s reported holdings total 227,902 shares. This total includes 33,068 shares underlying restricted stock units that are scheduled to vest before the 2027 Annual Meeting, subject to her continued service as disclosed.

What is the status of Joan C. Conley’s RSUs at Tigo Energy (TYGO)?

Conley has 33,068 shares underlying RSUs granted on May 20, 2026. These restricted stock units are scheduled to vest in full immediately prior to Tigo Energy’s 2027 Annual Meeting of Stockholders, contingent on her continued service through that vesting date.

Was Joan C. Conley’s Tigo Energy (TYGO) transaction an open-market sale?

Yes. The Form 4 describes the transaction with code “S” as an open-market or private sale. Footnotes explain the shares were sold in multiple transactions across a price range rather than a single block trade at one fixed price.