Calio Joseph Evan 4

What Happened Calio Joseph Evan, Chief Financial Officer of T1 Energy Inc. (TE), received a grant of 666,666 Restricted Stock Units (RSUs) on May 6, 2026. The Form 4 reports the acquisition price as $0 because these are derivative awards (RSUs) rather than a cash purchase. The RSUs represent the right to receive common stock under the company’s 2021 Equity Incentive Plan and will vest over time rather than immediately converting to shares.

Key Details

• Transaction date: May 6, 2026; Form filed May 8, 2026 (filed within the standard 2‑business‑day window).
• Transaction type/code: Award/Grant (A) — derivative RSUs.
• Units granted: 666,666 RSUs; reported acquisition price $0 (total reported $0). Actual economic value equals the market price per share at vesting × units.
• Vesting schedule (F3): Ratably over three years — 1/3 vest on May 6 of 2027, 2028 and 2029.
• Settlement (F1): RSUs will be net‑settled in shares of common stock or, if permitted, by cash payment. Net settlement may reduce the number of shares delivered to cover taxes.
• Plan (F2): Granted under the 2021 Equity Incentive Plan (amended April 22, 2024).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No late filing flagged in the provided data.

Context RSUs are compensation awards that convert to shares (or cash) only when they vest; they are not immediate purchases or sales. Because the grant vests over three years and may be net‑settled for taxes, this is primarily a retention/compensation action rather than an immediate market signal. Retail investors should view RSU grants as executive compensation information — informative about incentives but not a direct buy/sell endorsement.