Tigo Energy (TYGO) CFO has 32,626 shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Tigo Energy reported that Chief Financial Officer Bill Roeschlein had 32,626 shares of common stock withheld on August 3, 2026 at $1.91 per share to satisfy tax withholding obligations arising from vesting of previously granted RSUs. This exempt disposition was made to the issuer under Rule 16b-3(e), rather than an open-market sale. After the transaction, he directly holds 434,803 shares of common stock, including 25,362, 118,517 and 128,244 shares underlying RSU grants from August 2023, September 2024 and August 2025, subject to future time-based vesting and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,626 shares
Net Sell
1 txn
Insider
ROESCHLEIN BILL
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2, F3 | 32,626 | $1.91 | $62K |
Holdings After Transaction:
Common Stock — 434,803 shares (Direct)
Footnotes (3)
- 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 25,362 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 118,517 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 128,244 shares of Common Stock underlying RSUs 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 an equal number of shares of Common Stock were delivered to the reporting person on August 11, 2024 and August 11, 2025, and one-third of the RSUs subject to the grant shall vest and be deliverable to the reporting person on the third anniversary of the August 2023 Grant Date, subject to continued service through such vesting date.
- F3. (Continuation of the Footnote (2)) One-Third (1/3) of the RSUs granted to the reporting person on September 16, 2024 vested and were delivered to the reporting person on September 16, 2025, 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 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 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.
Key Figures
Shares withheld for taxes: 32,626 shares of Common Stock
Per-share value for withholding: $1.91 per share
Post-transaction holdings: 434,803 shares of Common Stock
+3 more
6 metrics
Shares withheld for taxes
32,626 shares of Common Stock
Withheld on August 3, 2026 to satisfy tax obligations from RSU vesting
Per-share value for withholding
$1.91 per share
Value applied to the 32,626 withheld shares in the exempt disposition
Post-transaction holdings
434,803 shares of Common Stock
Total common stock beneficially owned by the CFO after the transaction
August 2023 RSU grant portion
25,362 shares underlying RSUs
RSUs granted August 11, 2023 under the 2023 Incentive Plan
September 2024 RSU grant portion
118,517 shares underlying RSUs
RSUs granted September 16, 2024 under the 2023 Incentive Plan
August 2025 RSU grant portion
128,244 shares underlying RSUs
RSUs granted August 1, 2025 under the 2023 Incentive Plan
Key Terms
restricted stock units (RSUs), exempt disposition, Rule 16b-3(e), 2023 Incentive Plan, +1 more
5 terms
restricted stock units (RSUs) financial
"arising out of the vesting of previously reported restricted stock units (RSUs)"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
exempt disposition regulatory
"shares of common stock withheld in an exempt disposition to the Issuer under Rule 16b-3(e)"
Rule 16b-3(e) regulatory
"withheld in an exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax"
2023 Incentive Plan financial
"in each case, pursuant to the Issuer's 2023 Incentive Plan"
vesting financial
"One-Third (1/3) of the RSUs ... vested and an equal number of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Tigo Energy (TYGO) report for its CFO on this Form 4?
Tigo Energy disclosed that CFO Bill Roeschlein had 32,626 shares of common stock withheld on August 3, 2026 at $1.91 per share. The shares were delivered to the issuer to cover tax withholding from vesting of previously granted restricted stock units (RSUs).
What RSU grants for Tigo Energy (TYGO) are referenced in the CFO’s holdings footnotes?
The footnotes state his holdings include 25,362 shares underlying RSUs from August 11, 2023, 118,517 shares from September 16, 2024, and 128,244 shares from August 1, 2025. These RSUs vest in thirds on specified anniversaries, subject to continued service.
Was the Tigo Energy (TYGO) CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not made under a Rule 10b5-1 trading plan. It is described instead as an exempt disposition to the issuer under Rule 16b-3(e) to satisfy tax-withholding obligations from RSU vesting.