Calio Joseph Evan 4
4 · T1 Energy Inc. · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CFO Joseph Calio Receives RSU Award; Shares Withheld for Taxes
What Happened Joseph Calio, Chief Financial Officer of T1 Energy Inc. (TE), had 161,290 restricted stock units (RSUs) vest and be settled into shares on April 29, 2026. Of those shares, 74,742 were withheld to satisfy tax withholding obligations at $4.89 per share, resulting in $365,488 in tax withholding value. After these transactions Calio beneficially owned 1,570,885 shares.
Key Details
- Transaction date: April 29, 2026; Form 4 filed April 30, 2026 (timely).
- Vesting/settlement: 161,290 RSUs vested and were settled into 161,290 shares (reported with transaction code M for conversion).
- Tax withholding: 74,742 shares withheld to cover taxes (transaction code F) at $4.89/share = $365,488.
- Shares owned after transaction: 1,570,885 (per filing).
- Grant/vesting notes: The RSUs were from a 483,871 RSU grant (granted Apr 29, 2025) vesting in three equal annual installments; 322,581 RSUs remain outstanding after this first installment.
- Filing timeliness: Filed the next day (Apr 30, 2026), within the Form 4 reporting window (not late).
Context This was a routine RSU vesting and net-share settlement to cover taxes (withholding), not an open-market sale or purchase. The filing shows conversion/settlement of RSUs (reported under derivative code M) and withholding for tax obligations (code F). Tax-withholding dispositions are customary and do not necessarily indicate a change in insider sentiment; purchases or open-market sales typically carry more signal for investors.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-04-29+161,290→ 1,645,627 total - Tax Payment
Common Stock
[F2][F3]2026-04-29$4.89/sh−74,742$365,488→ 1,570,885 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F4]2026-04-29−161,290→ 322,581 total→ Shares of Common Stock (161,290 underlying)
Footnotes (4)
- [F1]This transaction represents the vesting on April 29, 2026 of 161,290 Restricted Stock Units ("RSUs") granted on April 29, 2025 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed May 1, 2025. This relates to the vesting of the first of three equal annual installments (further details in Note 4 below). Each RSU represents the right to receive one share of Common Stock. These 161,290 RSUs were settled in shares of Common Stock on April 29, 2026.
- [F2]This transaction represents 74,742 shares of Common Stock withheld for tax obligations in connection with the settlement on April 29, 2026 of 161,290 RSUs that vested on April 29, 2026 (the first of three equal annual installments). The vesting of those 161,290 RSUs is described in Note 1 above.
- [F3]The 1,570,885 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,484,337 shares reported on the Form 4 filed April 2, 2026; plus (ii) 161,290 shares acquired upon vesting of RSUs on April 29, 2026 (Note 1 above); less (iii) 74,742 shares withheld for tax upon settlement of RSUs on April 29, 2026 (Note 2 above).
- [F4]The RSUs reported on the Form 4 filed May 1, 2025 were granted for a total of 483,871 RSUs vesting in three equal annual installments: one-third vested on April 29, 2026; one-third will vest on April 29, 2027; and the remaining one-third will vest on April 29, 2028. Following the vesting and settlement of the first installment reported herein, 322,581 RSUs remain outstanding.