Calio Joseph Evan 4
Research Summary
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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.