Manor Sagit 4
4 · TIGO ENERGY, INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Tigo Energy (TYGO) Director Manor Sagit Sells 63,500 Shares
What Happened
- Manor Sagit, a director of Tigo Energy, sold 63,500 shares of common stock on June 15, 2026. The shares were sold at a weighted average price of $2.85 for total proceeds of $180,975. The sale was made solely to satisfy tax withholding obligations upon the vesting of a restricted stock unit (RSU) award.
Key Details
- Transaction date: 2026-06-15
- Transaction type/code: Sale (S); sale to satisfy tax withholding (see footnote F1 / code F)
- Price: weighted average $2.85; actual sale prices ranged from $2.80 to $2.88 (footnote F2)
- Shares sold: 63,500; proceeds: $180,975
- Shares owned after transaction: not specified in the provided excerpt of the filing
- Notable footnotes:
- F1: Sale was solely to cover tax withholding on RSU vesting (RSU grant dated May 20, 2025).
- F2: Weighted average price shown; seller can provide breakdown of number of shares sold at each price within the stated range upon request.
- F3: The filing also notes 33,068 RSUs granted May 20, 2026 that will vest in full and be deliverable immediately prior to the 2027 annual meeting, subject to continued service.
- Filing timeliness: Reported on 2026-06-15 for the same date of transaction (appears timely)
Context
- This was a "sell-to-cover" following RSU vesting (common practice where vested shares are sold to pay tax withholding). Such sales typically reflect tax obligations rather than an independent bearish view by the insider.
- If you track insider activity for signals, purchases generally carry more weight than routine sell-to-cover transactions like this one.
Insider Transaction Report
Form 4
Manor Sagit
Director
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-06-15$2.85/sh−63,500$180,975→ 323,098 total
Footnotes (3)
- [F1]The reporting person sold 63,500 shares of common stock, par value $0.0001 per share ("Common Stock"), upon the vesting of a restricted stock unit award granted to her on May 20, 2025, solely to satisfy tax withholding obligations incurred upon vesting.
- [F2]Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $2.80 to $2.88, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Includes 33,068 shares of Common Stock underlying RSUs granted to the reporting person on May 20, 2026. The RSUs will vest in full, and an equal number of shares of Common Stock will be deliverable to the reporting person, immediately prior to the Issuer's 2027 Annual Meeting of Stockholders, subject to continued service through such vesting date.
Signature
/s/ Bill Roeschlein, as attorney-in-fact|2026-06-15