Calio Joseph Evan 4
4 · T1 Energy Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CFO Joseph Calio Receives RSU Award
What Happened
Joseph Calio, Chief Financial Officer of T1 Energy (TE), had 422,476 Restricted Stock Units (RSUs vest) on June 12, 2026. The RSUs were settled into common stock; 195,776 of those shares were withheld to cover tax obligations at an effective price of $8.50 per share (tax withholding amount ≈ $1,664,096). After the transaction Calio beneficially owned 1,797,585 shares of T1 Energy common stock.
Key Details
- Transaction date: June 12, 2026 (reported on Form 4 filed June 17, 2026). The filing was submitted one business day after the 2-business-day SEC deadline.
- Vesting/settlement: 422,476 RSUs vested and were settled into shares (transaction code M for conversion/exercise of a derivative).
- Tax withholding: 195,776 shares were surrendered/withheld to satisfy tax obligations (transaction code F) at $8.50/share, totaling about $1.66M.
- Shares owned after: 1,797,585 shares (per footnote).
- Grant background: These RSUs were part of a 1,267,427-RSU grant made June 13, 2024, vesting in three equal annual installments; one remaining installment remains outstanding (footnote indicates 422,276 RSUs still outstanding).
Context
- This was not an open-market sale or purchase by Calio — it was the scheduled vesting and settlement of previously granted RSUs. The withholding of shares to cover taxes is common and does not necessarily signal a trading decision by the insider.
- The filing delay (filed June 17 for a June 12 event) is worth noting because Form 4s are normally due within two business days of the transaction.
Insider Transaction Report
Form 4
Calio Joseph Evan
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-12+422,476→ 1,993,361 total - Tax Payment
Common Stock
[F2][F3]2026-06-12$8.50/sh−195,776$1,664,096→ 1,797,585 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F4]2026-06-12−422,476→ 422,476 total→ Shares of Common Stock (422,476 underlying)
Footnotes (4)
- [F1]This transaction represents the vesting on June 12, 2026 of 422,476 Restricted Stock Units ("RSUs") granted on June 13, 2024 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed August 9, 2024. This relates to the vesting of the second of three equal annual installments (further details in Note 4 below). Each RSU represents the right to receive one share of Common Stock. These 422,476 RSUs were settled in shares of Common Stock on June 12, 2026.
- [F2]This transaction represents 195,776 shares of Common Stock withheld for tax obligations in connection with the settlement on June 12, 2026 of 422,476 RSUs that vested on June 12, 2026 (the second of three equal annual installments). The vesting of those 422,476 RSUs is described in Note 1 above.
- [F3]The 1,797,585 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,570,885 shares reported on the Form 4 filed April 30, 2026; plus (ii) 422,476 shares acquired upon vesting of RSUs on June 12, 2026 (Note 1 above); less (v) 195,776 shares withheld for tax upon settlement of RSUs on June 12, 2026 (Note 2 above).
- [F4]The RSUs reported on the Form 4 filed August 9, 2024 were granted for a total of 1,267,427 RSUs vesting in three equal annual installments: one-third vested on June 13, 2025; one-third vested on June 12, 2026; and the remaining one-third will vest on June 13, 2027. Following the vesting and settlement of the first second installment reported herein, 422,276 RSUs remain outstanding.
Signature
/s/ Harold Callo Sanchez, as Attorney-in-Fact|2026-06-17