[Form 4] Tigo Energy, Inc. Insider Trading Activity
Alon Zvi, CEO and Chairperson of Tigo Energy, Inc. (TYGO), reported a routine withholding transaction on 08/11/2025 in which 26,916 shares of Common Stock were disposed of at $1.28 per share to satisfy tax withholding from vested restricted stock units (RSUs). Following the transaction, the filing shows the reporting person directly beneficially owns 1,274,994 shares and indirectly owns additional interests: 1,774,826 shares via a revocable trust and 12,689,306 shares via Alon Ventures, LLC. The disclosure also details RSU grant dates and vesting schedules from August 11, 2023; September 16, 2024; and August 1, 2025, and identifies that portions of those grants vest in three annual tranches.
- Detailed disclosure of RSU grant dates and vesting schedules (August 11, 2023; September 16, 2024; August 1, 2025).
- Substantial retained ownership: 1,274,994 shares direct plus 1,774,826 (revocable trust) and 12,689,306 (Alon Ventures, LLC) indirect holdings, indicating continued insider alignment.
- Disposition of 26,916 shares on 08/11/2025 (withheld to satisfy tax obligations) reduced direct share count by that amount.
Insights
TL;DR: Routine insider tax-withholding sale; substantial remaining direct and indirect holdings retain aligned insider ownership.
The Form 4 documents an exempt disposition under Rule 16b-3(e) where 26,916 shares were withheld to satisfy tax obligations tied to vested RSUs. The per-share price of $1.28 is disclosed and does not imply an open-market sale—this is a common administrative action. Material for capitalization: the reporting person retains 1.27 million direct shares plus large indirect stakes through a trust and an entity, preserving significant insider economic interest.
TL;DR: Disclosure follows standard Section 16 reporting; vesting schedules and withholding are clearly documented.
The filing provides clear documentation of RSU vesting schedules (August 11, 2023; September 16, 2024; August 1, 2025) and the use of withheld shares to meet tax obligations consistent with Rule 16b-3(e). Signature by an attorney-in-fact is present. This is a routine governance disclosure without indication of extraordinary transactions or governance changes.