Tigo Energy (NYSE: TYGO) CEO boosts stake via option exercise
Rhea-AI Filing Summary
Tigo Energy, Inc. CEO and Chair Alon Zvi, who is also a director and 10% owner, reported an option exercise and related share withholding on 01/15/2026. He exercised a stock option for 140,010 shares of Common Stock at $0.75 per share in a buy-and-hold transaction before the option’s February 25, 2026 expiration.
To cover tax obligations from this exercise and settlement, 54,153 shares of Common Stock were withheld at a price of $2.25 per share. After these transactions, Zvi directly beneficially owned 1,309,262 shares of Common Stock. He also reported indirect ownership of 1,774,826 shares through a revocable trust and 12,689,306 shares through Alon Ventures, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (Right to buy) | 140,010 | $0.00 | -- |
| Exercise | Common Stock | 140,010 | $0.75 | $105K |
| Tax Withholding | Common Stock | 54,153 | $2.25 | $122K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a buy and hold exercise by the reporting person of a stock option that was set to expire on February 25, 2026. Includes 57,971 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 222,220 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. Represents shares of Common Stock withheld to cover the tax withholding obligations in connection with the exercise and settlement of the stock option described in Footnote 1. The stock option was fully exercisable on January 31, 2025.
FAQ
What insider transaction did Tigo Energy (TYGO) report for Alon Zvi?
Alon Zvi, Tigo Energy’s CEO, Chair, director, and 10% owner, reported exercising a stock option for 140,010 shares of Common Stock at $0.75 per share on 01/15/2026.
What indirect Tigo Energy holdings did Alon Zvi report?
Alon Zvi reported indirect ownership of 1,774,826 shares of Common Stock through a revocable trust and 12,689,306 shares through Alon Ventures, LLC.
When was the Tigo Energy stock option due to expire and when was it fully exercisable?
The stock option exercised for 140,010 shares was set to expire on February 25, 2026 and was reported as fully exercisable on January 31, 2025.
What type of security did Alon Zvi exercise in this Tigo Energy Form 4?
He exercised a stock option (right to buy) with an exercise price of $0.75 per share, resulting in 140,010 shares of Common Stock acquired.