Tigo Energy Insider Report: Zvi RSU Withholding and Holdings
Rhea-AI Filing Summary
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.
Positive
- 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.
Negative
- 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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,916 | $1.28 | $34K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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"). Includes 57,971 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 333,330 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. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 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 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.
