STERN STANLEY 4
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Tigo Energy Director Stanley Stern Receives 33,068-Share RSU Award
What Happened Stanley Stern, a director of Tigo Energy, Inc. (TYGO), was granted 33,068 restricted stock units (RSUs) on May 20, 2026. The Form 4 shows an award (transaction code A) for 33,068 shares at $0.00 — the grant has no immediate cash price and equals $0 on grant date because it is an equity award rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-20; transaction type: Award (A) under the Issuer’s 2023 Incentive Plan.
- Award size: 33,068 RSUs; reported price: $0.00 (grant).
- Vesting/delivery: Per footnote, the RSUs vest in full and an equal number of common shares will be deliverable immediately prior to the Issuer’s 2027 Annual Meeting, subject to continued service through that date.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Filing timeliness: Reported on 2026-05-20 (same-day filing), so not indicated as late.
Context RSU grants are common compensation for directors and do not represent an immediate purchase or sale — value realized depends on TYGO’s share price at vesting and any subsequent sale. This Form 4 reports an award grant; it does not indicate any immediate market activity (no cash exercise, no sale, no 10b5-1 plan noted).