TRINA SOLAR (SCHWEIZ) AG 4/A

What Happened
Trina Solar (Schweiz) AG, a reported 10% owner of T1 Energy Inc. (TE) and a director by deputization, was issued 4,274,704 common shares of T1 Energy on January 21, 2026. The shares were issued at an effective price of $1.70 per share for a total value of $7,266,997. This was an issuance (award/acquisition) under anti‑dilution rights, not an open‑market purchase or sale.

Key Details

• Transaction date: January 21, 2026; price per share: $1.70; total value: $7,266,997.
• Nature of transaction: Award/acquisition under anti‑dilution rights (Transaction code A).
• Footnote: Issuance made pursuant to anti‑dilution rights in the Transaction Agreement dated November 6, 2024.
• Reporting person role: Listed as a director by deputization.
• Filing status: This is an AMENDED Form 4 filed May 26, 2026 for the Jan 21, 2026 transaction (the filing is late relative to the usual 2‑business‑day Form 4 deadline).
• Shares owned after the transaction: Not specified in the provided filing details.

Context
Anti‑dilution issuances are typically contractual adjustments that preserve an investor’s ownership percentage after certain corporate events; they are company actions rather than open‑market buying that would more directly signal insider confidence. As a 10% owner (institutional/large holder), this transaction reflects a contractual entitlement, not routine executive trading. The late, amended filing affects transparency but does not by itself indicate misconduct.