TRINA SOLAR (SCHWEIZ) AG 4

What Happened

• Trina Solar (Schweiz) AG, reported as a 10% owner of T1 Energy Inc. (TE), sold 22,500,000 T1 Energy shares in open-market/private sales on May 21–22, 2026. The block sales reported were:
  • 8,849,024 shares at a weighted avg $8.62 — $76,304,249
  • 1,150,976 shares at a weighted avg $9.20 — $10,590,245
  • 3,000,000 shares at a weighted avg $8.71 — $26,124,000
  • 9,479,904 shares at a weighted avg $8.13 — $77,116,175
  • 20,096 shares at a weighted avg $8.80 — $176,845
• Total proceeds reported across these dispositions: approximately $190.31 million. These were sales (not purchases), so they represent a reduction in the holder’s stake rather than an accumulation.

Key Details

• Dates and prices: May 21–22, 2026; weighted-average prices per block ranged roughly $8.13–$9.20 (filing footnotes show per-trade price ranges across blocks from $7.74 to $9.43).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: The reported prices are weighted averages; the filing says the shares were sold in multiple transactions at prices within specified ranges and the reporting person will provide a per-price breakdown on request.
• Timeliness: Form filed May 26, 2026 for trades on May 21–22. Because Form 4s are generally due within two business days, the May 21 trades appear to have been reported after the typical 2-business-day window (May 26 filing would be the 3rd business day for May 21), while the May 22 trades were reported on the second business day; consult the filing for any formal late-report designation.

Context

• This filing is from a 10% owner (an institutional/large shareholder), not a company executive — such dispositions often reflect institutional rebalancing or liquidity needs and are not direct statements of management sentiment.
• The sale comprised multiple block trades at varying prices (see footnotes for ranges); no options exercise, gift, or award is involved — these were outright share sales.