ROESCHLEIN BILL 4
4 · TIGO ENERGY, INC. · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Tigo Energy (TYGO) CFO Bill Roeschlein Receives Award, Shares Withheld
What Happened Bill Roeschlein, Chief Financial Officer of Tigo Energy (TYGO), received 87,442 shares of common stock on March 17, 2026, upon vesting of performance stock units (PSUs). The shares were granted at $0 (award). To cover tax withholding on the settlement, 45,642 shares were surrendered/disposed at $4.14 per share, generating approximately $188,958.
Key Details
- Transaction dates: March 17, 2026 (report filed March 19, 2026 — timely Form 4).
- Award: 87,442 shares issued (code A) at $0 — vesting of PSUs after meeting 2025 performance goals.
- Tax withholding: 45,642 shares withheld/treated as disposed (code F) at $4.14 per share for ~$188,958 to cover taxes.
- Shares owned after the reported transactions: not specified in the filing.
- Relevant footnotes: PSUs vested based on the Compensation Committee’s determination that the Company met revenue and adjusted EBITDA goals for 2025 (Footnote F1). The filing also references RSU grants from Aug 11, 2023; Sep 16, 2024; and Aug 1, 2025 with standard multi-year vesting schedules (Footnotes F2–F3). Footnote F4 confirms shares were withheld to satisfy tax withholding.
- Transaction codes explained: A = Award/Grant; F = Payment of exercise price or tax liability (share withholding).
Context This was a performance-based equity settlement (not an open-market buy or sale). The PSUs vested because specified 2025 performance targets were met; part of the issued shares were withheld to meet withholding tax obligations (a routine, non-market-sale method of paying taxes on vested awards). The filing shows an award and a tax-related disposition, not a sale for investment reasons.
Insider Transaction Report
Form 4
ROESCHLEIN BILL
Chief Financial Officer
Transactions
- Award
Common Stock
[F1][F2][F3]2026-03-17+87,442→ 513,071 total - Tax Payment
Common Stock
[F4][F2][F3]2026-03-17$4.14/sh−45,642$188,958→ 467,429 total
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 25,362 shares of Common Stock underlying RSUs granted to the reporting person on August 11, 2023 (the "August 2023 Grant Date"), 118,517 shares of Common Stock underlying RSUs granted to the reporting person on September 16, 2024 (the "September 2024 Grant Date"), and 192,366 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