TIGO ENERGY, INC.·4

Mar 19, 4:59 PM ET

ROESCHLEIN BILL 4

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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.