Manor Sagit 4

What Happened

Manor Sagit, a director of TIGO ENERGY, INC. (TYGO), was granted 33,068 restricted stock units (RSUs) on May 20, 2026. The filing reports an acquisition at $0.00 per unit (total reported value $0) under transaction code A (award/grant). This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-20, 33,068 RSUs @ $0.00 (reported acquisition value $0).
• Filing date: 2026-05-21 (filed the day after the award; appears timely).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: RSUs were granted under the Issuer's 2023 Incentive Plan and "will vest in full, and an equal number of shares of Common Stock will be deliverable ... immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service through such vesting date."
• Transaction type code: A = Award/Grant of restricted stock units.

Context

RSUs are a form of equity compensation that convert into actual shares only when they vest; they do not represent immediately tradable stock. Because vesting is tied to continued service and a future date (just before the 2027 annual meeting), this award is routine compensation for a director rather than a direct market buy or sell. Retail investors should view this as a grant-based compensation event, not necessarily a bullish or bearish personal investment signal.