Calio Joseph Evan 4

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.