Barcelo Daniel 4
4 · T1 Energy Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CEO Daniel Barcelo Receives RSUs; Shares Withheld
What Happened
- Daniel Barcelo, CEO of T1 Energy (TE), had 333,333 Restricted Stock Units (RSUs) vest effective January 1, 2026 (one-third of a 1,000,000 RSU grant). Those RSUs were settled into shares in March 2026. To cover tax obligations, a total of 245,058 shares were withheld: 110,155 shares on March 13, 2026 (valued at $6.68/share; $735,835) and 134,903 shares on March 30, 2026 (valued at $2.58/share; $348,050). After these transactions, Barcelo beneficially owns 1,096,608 shares.
Key Details
- Transaction types: M = RSU vesting/conversion; F = shares withheld to satisfy tax obligations.
- Relevant dates and amounts:
- RSU vesting date: January 1, 2026 (333,333 RSUs; settled March 13, 2026).
- March 13, 2026: 110,155 shares withheld at $6.68/share (proceeds/withholding value $735,835).
- March 30, 2026: 134,903 shares withheld at $2.58/share (withholding value $348,050) relating to a previously vested RSU installment that was settled on that date.
- Shares owned after transactions: 1,096,608 (per footnote reconciliation).
- Remaining awards: 333,334 RSUs remain outstanding from the January 1, 2025 grant (final installment vests January 1, 2027).
- Filing: Form 4 filed April 2, 2026, after the March 13 and March 30 settlement/withholding dates (the filing reports the settlements and tax withholdings).
Context
- These were award settlements and routine tax withholdings—not open-market sales or purchases. Tax-withholding disposals (code F) are common when RSUs are settled and do not necessarily signal a change in insider sentiment.
- For clarity: the M-code entries reflect conversion/settlement of RSUs into shares; the F-code entries reflect the company withholding shares to satisfy taxes (a cashless-type settlement).
Insider Transaction Report
Form 4
Barcelo Daniel
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-01+333,333→ 1,341,666 total - Tax Payment
Common Stock
[F2]2026-03-13$6.68/sh−110,155$735,835→ 1,231,511 total - Tax Payment
Common Stock
[F3][F4]2026-03-30$2.58/sh−134,903$348,050→ 1,096,608 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F5]2026-01-01−333,333→ 333,334 total→ Shares of Common Stock (333,333 underlying)
Footnotes (5)
- [F1]This transaction represents the vesting on January 1, 2026 of 333,333 Restricted Stock Units ("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 5 below). Each RSU represents the right to receive one share of Common Stock. These 333,333 RSUs were settled in shares of Common Stock on March 13, 2026.
- [F2]This transaction represents 110,155 shares of Common Stock withheld for tax obligations in connection with the settlement on March 13, 2026 of 333,333 RSUs that vested on January 1, 2026 (the second of three equal annual installments). The vesting of those 333,333 RSUs is described in Note 1 above.
- [F3]This transaction represents 134,903 shares of Common Stock withheld for tax obligations in connection with the settlement on March 30, 2026 of 333,333 RSUs that vested on January 1, 2025 (the first of three equal annual installments). Those 333,333 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 333,333 RSUs was previously reported, only the tax withholding is reported on this Form 4.
- [F4]The 1,096,608 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,008,333 shares reported on the Form 4 filed December 3, 2025; plus (ii) 333,333 shares acquired upon vesting of RSUs on January 1, 2026 and subsequently settled on March 13, 2026 (Note 1 above); less (iii) 110,155 shares withheld for tax upon settlement of RSUs on March 13, 2026 (Note 2 above); less (iv) 134,903 shares withheld for tax upon settlement of RSUs on March 30, 2026 (Note 3 above).
- [F5]The RSUs reported on the Form 4 filed January 3, 2025 were granted for a total of 1,000,000 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 333,333 shares acquired in Table I and 666,667 RSUs in Table II, representing the unvested second and third installments. Following the vesting and settlement of the second installment reported herein, 333,334 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/ Michael Holland, as Attorney-in-Fact|2026-04-02