Calio Joseph Evan 4
4 · T1 Energy Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CFO Joseph Calio Receives RSUs; Shares Withheld
What Happened
- Joseph Calio, Chief Financial Officer of T1 Energy (TE), received 922,475 shares when Restricted Stock Units (RSUs) vested and were settled into shares in March 2026. To cover tax obligations, 618,600 of those shares were withheld (disposed) for a total withholding value of about $2,226,836. Net of withholding, Calio’s holdings increased by 303,875 shares to 1,484,337 shares beneficially owned.
Key Details
- Vesting / conversion (code M): 422,475 RSUs vested June 13, 2025 (settled Mar 13, 2026); 500,000 RSUs vested Jan 1, 2026 (settled Mar 13 & Mar 30, 2026). RSUs were reported as derivative conversions to shares.
- Tax withholding (code F / dispositions):
- Mar 13, 2026: 195,775 shares withheld @ $1.39 = $272,127
- Mar 13, 2026: 210,688 shares withheld @ $6.68 = $1,407,396
- Mar 30, 2026: 212,137 shares withheld @ $2.58 = $547,313
- Total withheld value ≈ $2,226,836; total withheld shares = 618,600.
- Shares owned after transactions: 1,484,337 (per the filing).
- Notable footnotes: these were scheduled RSU grants (one-third annual vesting from grants dated June 13, 2024 and Jan 1, 2025). Remaining unvested RSUs after these settlements: 844,952 (from the 2024 grant) and 500,000 (from the 2025 grant).
- Filing timeliness: Form 4 filed Apr 2, 2026; the form does not indicate a late-filing flag.
Context
- These transactions are award settlements and share-withholding for taxes (common, routine). This was not an open-market sale by the insider — shares were surrendered/withheld to meet tax obligations (a cashless withholding), not a signal of active selling.
- Transaction codes: M = conversion/settlement of derivative award (RSU); F = shares withheld/issued to satisfy tax withholding.
Insider Transaction Report
Form 4
Calio Joseph Evan
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2025-06-13+422,475→ 1,602,937 total - Exercise/Conversion
Common Stock
[F2]2026-01-01+500,000→ 2,102,937 total - Tax Payment
Common Stock
[F3]2026-03-30$2.58/sh−212,137$547,313→ 1,890,800 total - Tax Payment
Common Stock
[F4]2026-03-13$1.39/sh−195,775$272,127→ 1,695,025 total - Tax Payment
Common Stock
[F5][F6]2026-03-13$6.68/sh−210,688$1,407,396→ 1,484,337 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F7]2025-06-13−422,475→ 844,952 total→ Shares of Common Stock (422,475 underlying) - Exercise/Conversion
Restricted Stock Units (RSUs)
[F2][F8]2026-01-01−500,000→ 500,000 total→ Shares of Common Stock (500,000 underlying)
Footnotes (8)
- [F1]This transaction represents the vesting on June 13, 2025 of 422,475 Restricted Stock Units ("RSUs") granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed August 9, 2024. This relates to the vesting of the first of three equal annual installments (further details in Note 7 below). Each RSU represents the right to receive one share of Common Stock. These 422,475 RSUs were settled in shares of Common Stock on March 13, 2026.
- [F2]This transaction represents the vesting on January 1, 2026 of 500,000 RSUs granted on January 1, 2025 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed January 3, 2025. This relates to the vesting of the second of three equal annual installments (further details in Note 8 below). Each RSU represents the right to receive one share of Common Stock. These 500,000 RSUs were settled in shares of Common Stock on March 13, 2026.
- [F3]This transaction represents 212,137 shares of Common Stock withheld for tax obligations in connection with the settlement on March 30, 2026 of 500,000 RSUs that vested on January 1, 2025 (the first of three equal annual installments). Those 500,000 RSUs had previously vested as reported on the Form 4 filed on January 3, 2025, however, settlement did not occur until March 30, 2026. Because the vesting of those 500,000 RSUs was previously reported, only the tax withholding is reported on this Form 4.
- [F4]This transaction represents 195,775 shares of Common Stock withheld for tax obligations in connection with the settlement on March 13, 2026 of 422,475 RSUs that vested on June 13, 2025 (the first of three equal annual installments). The vesting of those 422,475 RSUs is described in Note 1 above.
- [F5]This transaction represents 210,688 shares of Common Stock withheld for tax obligations in connection with the settlement on March 13, 2026 of 500,000 RSUs that vested on January 1, 2026 (the second of three equal annual installments). The vesting of those 500,000 RSUs is described in Note 2 above.
- [F6]The 1,484,337 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,180,462 shares reported on the Form 4 filed January 3, 2025; plus (ii) 422,475 shares acquired upon vesting of RSUs on June 13, 2025 and subsequently settled on March 13, 2026 (Note 1 above); plus (iii) 500,000 shares acquired upon vesting of RSUs on January 1, 2026 and subsequently settled on March 13, 2026 (Note 2 above); less (iv) 212,137 shares withheld for tax upon settlement of RSUs on March 30, 2026 (Note 3 above); less (v) 195,775 shares withheld for tax upon settlement of RSUs on March 13, 2026 (Note 4 above); less (vi) 210,688 shares withheld for tax upon settlement of RSUs on March 13, 2026 (Note 5 above).
- [F7]The RSUs reported on the Form 4 filed August 9, 2024 were granted for a total of 1,267,427 RSUs vesting in three equal annual installments: one-third vested on June 13, 2025; one-third will vest on June 13, 2026; and the remaining one-third will vest on June 13, 2027. Following the vesting and settlement of the first installment reported herein, 844,952 RSUs remain outstanding.
- [F8]The RSUs reported on the Form 4 filed January 3, 2025 were granted for a total of 1,500,000 RSUs vesting in three equal annual installments: one-third vested on January 1, 2025; one-third vested on January 1, 2026; and the remaining one-third will vest on January 1, 2027. That filing reported 500,000 shares acquired in Table I and 1,000,000 RSUs in Table II, representing the unvested second and third installments. Following the vesting and settlement of the second installment reported herein, 500,000 RSUs remain outstanding and are reported in Table II, representing the third and final installment of the grant dated January 1, 2025. No Table II disposition was reported for the first installment because those RSUs were converted to shares upon vesting on January 1, 2025 and reported in Table I on the prior filing, not in Table II.
Signature
/s/ Harold Callo Sanchez, as Attorney-in-Fact|2026-04-02