Calio Joseph Evan 4

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.