ALON ZVI 4
Research Summary
AI-generated summary
Tigo Energy (TYGO) 10% Owner Alon Zvi Sells 72,057 Shares
What Happened
Alon Zvi, reported as a 10% owner of Tigo Energy, sold 72,057 shares of Common Stock in open-market transactions on June 4, 2026. The weighted average sale price was $3.42 per share for total proceeds of approximately $246,435. The shares were sold in multiple trades at prices ranging from $3.37 to $3.50.
Key Details
- Transaction date: June 4, 2026 (filed on June 5, 2026) — filing appears timely.
- Transaction type/code: Sale (S) — open-market sales in multiple trades.
- Shares sold: 72,057; Weighted average price: $3.42; Price range: $3.37–$3.50; Proceeds ≈ $246,435.
- Shares owned after transaction: not specified in the excerpt. Filing notes the reporting person is a 10% owner and references RSUs underlying 640,878 shares (57,971 + 222,220 + 360,687) subject to vesting per footnotes.
- Notable footnotes:
- F1: Weighted average price; multiple sale prices as above.
- F2/F3: Detail RSU grants (Aug 11, 2023; Sep 16, 2024; Aug 1, 2025) and vesting schedules (typically one‑third vesting on each anniversary, subject to continued service).
Context
- This was a sale (often routine) rather than a purchase; sales do not by themselves indicate a change in company outlook.
- As a 10% owner, Alon Zvi is a major shareholder rather than necessarily an executive trade; the filing also discloses substantial RSU grants with scheduled vesting.
- No option exercises, gifts, or tax‑withholding transactions are reported in this filing excerpt.