ALON ZVI 4
4 · TIGO ENERGY, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Tigo Energy (TYGO) 10% Owner Alon Zvi Receives 163,953 Shares
What Happened
Alon Zvi (reported as a 10% owner) received 163,953 shares of Tigo Energy common stock on 2026-03-17 upon vesting of performance stock units (PSUs). These shares were issued at $0.00 per share as an award. To satisfy tax withholding obligations, 84,349 of those shares were withheld/disposed at $4.14 per share, yielding $349,205.
Key Details
- Transaction dates: March 17, 2026 (award and tax-withholding disposition); Form 4 filed March 19, 2026 (timely within the two‑business‑day rule).
- Award: 163,953 shares issued (code A; acquired at $0.00).
- Withholding/disposition: 84,349 shares withheld to cover taxes (code F) at $4.14/share for $349,205.
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes:
- The 163,953 shares represent the portion of PSUs granted Sept 16, 2024 that vested after the Company met revenue and adjusted EBITDA targets for the 2025 performance period (vesting schedule: one-third per year through 2027).
- Filing also lists previously granted RSUs (57,971; 222,220; 360,687) with standard one‑third annual vesting schedules.
- The 84,349-share disposal was to satisfy tax withholding (footnote F4), not an open‑market sale.
Context
- This was a vesting/award event (PSUs converting to common stock), not a purchase or a discretionary sale — the reported disposal was a tax-withholding action, common in equity compensation settlements.
- As a 10% owner, Zvi’s transactions are Section 16 reportable; the filing appears timely (filed two days after the transaction).
Insider Transaction Report
Form 4
ALON ZVI
DirectorCEO / Chairperson10% Owner
Transactions
- Award
Common Stock
[F1][F2][F3]2026-03-17+163,953→ 1,473,215 total - Tax Payment
Common Stock
[F4][F2][F3]2026-03-17$4.14/sh−84,349$349,205→ 1,388,866 total
Holdings
- 1,774,826(indirect: By Trust)
Common Stock
- 12,689,306(indirect: By LLC)
Common Stock
Footnotes (4)
- [F1]These shares of Common Stock were acquired upon a determination by the Company's Compensation Committee that the performance conditions had been met for the issuance of such shares pursuant to performance stock units ("PSUs") that were granted to the reporting person on September 16, 2024. The PSUs vest over a three-year period, with one-third of the PSUs eligible to vest each calendar year based on the achievement of performance goals for each of the calendar year periods ended December 31, 2025, 2026 and 2027 (each a "Performance Period"), subject to continued service through and including the first calendar day after the end of each such Performance Period. This amount represents the portion of the PSUs that vested following the first Performance Period, based upon the Company's achievement of the revenue and adjusted EBITDA performance goals for the year ended December 31, 2025.
- [F2]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.
- [F3](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.
- [F4]Represents shares of Common Stock withheld to cover the tax withholding obligations in connection with the settlement of the PSUs described in Footnote 1.
Signature
/s/ Bill Roeschlein, as attorney-in-fact|2026-03-19