Barcelo Daniel 4

What Happened

• Daniel Barcelo, CEO of T1 Energy Inc. (TE), received an award of 1,000,000 restricted stock units (RSUs) on May 6, 2026. The grant was reported on a Form 4 filed May 8, 2026. The RSUs were granted at $0.00 (no cash payment); they are derivative awards that convert to shares if and when vested.

Key Details

• Transaction date: May 6, 2026; Form 4 filed: May 8, 2026 (filed within the normal 2‑business‑day window).
• Grant type: Award/Grant (code A); number of RSUs: 1,000,000; reported price: $0.00.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes (grant mechanics and vesting):
  • F1: RSUs will be net‑settled in shares of common stock or, if permitted, cash to the reporting person.
  • F2: Each RSU represents a right to receive one share of common stock under the company’s 2021 Equity Incentive Plan (as amended).
  • F3: Vesting: 500,000 RSUs vest on May 6, 2027. The remaining 500,000 vest ratably over three years from the grant date, with one‑third of that remaining tranche vesting on each of May 6 in 2027, 2028 and 2029 (i.e., portions of the award vest annually).

Context

• RSUs are a common retention and compensation tool; they do not represent immediately tradable shares until vested and settled. Because this is a grant (not a purchase or sale), it should not be read as a direct market signal of trading intent. The filing appears timely.