Tigo Energy (TYGO) awards 33,068 RSUs to director Tomer Babai
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Babai Tomer reported acquisition or exercise transactions in this Form 4 filing.
Tigo Energy, Inc. reported that director Tomer Babai received an award of 33,068 shares of Common Stock in the form of restricted stock units (RSUs) at a grant price of $0.00 per share. These RSUs were granted under the company’s 2023 Incentive Plan and will vest in full immediately before the company’s 2027 Annual Meeting of Stockholders, assuming he continues to serve through that date. After this grant, Babai holds 277,902 shares of Tigo Energy common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Babai Tomer
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,068 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 277,902 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 33,068 shares
Grant price: $0.00 per share
Shares after transaction: 277,902 shares
+1 more
4 metrics
RSUs granted
33,068 shares
Restricted stock units awarded on May 20, 2026
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Shares after transaction
277,902 shares
Total direct holdings following the RSU grant
Vesting timing
Immediately prior to 2027 annual meeting
Full vesting of RSUs subject to continued service
Key Terms
restricted stock units ("RSUs"), 2023 Incentive Plan, Annual Meeting of Stockholders
3 terms
restricted stock units ("RSUs") financial
"Represents shares of common stock ... underlying restricted stock units ("RSUs") granted to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2023 Incentive Plan financial
"RSUs granted to the reporting person on May 20, 2026 pursuant to the Issuer's 2023 Incentive Plan."
Annual Meeting of Stockholders financial
"will vest in full ... immediately prior to the Issuer's 2027 Annual Meeting of Stockholders"
FAQ
What insider transaction did Tigo Energy (TYGO) report for Tomer Babai?
Tigo Energy reported that director Tomer Babai received 33,068 shares of Common Stock through a restricted stock unit (RSU) grant. The RSUs are compensation, not an open-market purchase, and increase his direct holdings to 277,902 shares after the award.
When do the RSUs granted to Tomer Babai by Tigo Energy (TYGO) vest?
The RSUs granted to Tomer Babai will vest in full immediately before Tigo Energy’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on his continued service through that vesting date, at which time an equal number of common shares will be delivered.