Bentzen Andreas 4
4 · T1 Energy Inc. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CTO Andreas Bentzen Receives RSU Vesting
What Happened
- Andreas Bentzen, Chief Technology Officer of T1 Energy (TE), had 25,000 restricted stock units (RSUs) vest and be settled into 25,000 shares of common stock on June 23, 2026. To cover tax obligations, 11,850 of those shares were withheld at $9.24 per share (total value $109,494), leaving him with 13,150 shares following the settlement. The RSU vesting is an award settlement (not an open-market purchase).
Key Details
- Transaction date: June 23, 2026; Form 4 filed June 25, 2026 (timely filing).
- Vesting: 25,000 RSUs settled into 25,000 shares (first of three equal annual installments from a 75,000 RSU grant).
- Tax withholding: 11,850 shares withheld to satisfy tax obligations at $9.24/share — proceeds reported $109,494 (coded F).
- Shares owned after transaction: 13,150 shares directly beneficially owned (25,000 acquired less 11,850 withheld).
- Outstanding RSUs remaining: 50,000 RSUs (one-third vests each year 2027 and 2028).
- Other note: 1,200 shares are held by Beacon Group AS (Bentzen is owner and disclaims beneficial ownership except to his pecuniary interest).
Context
- This was an RSU vesting and share settlement (award). The withholding of shares for taxes is a routine administrative disposition rather than an active market sale by the insider. Derivative codes (M) reflect the conversion/settlement of RSUs; code F reflects tax withholding.
Insider Transaction Report
Form 4
Bentzen Andreas
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-23+25,000→ 25,000 total - Tax Payment
Common Stock
[F2][F3]2026-06-23$9.24/sh−11,850$109,494→ 13,150 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F4]2026-06-23−25,000→ 50,000 total→ Shares of Common Stock (25,000 underlying)
Holdings
- 1,200(indirect: By Self as owner of Beacon Group AS)
Common Stock
[F5]
Footnotes (5)
- [F1]This transaction represents the vesting on June 23, 2026 of 25,000 Restricted Stock Units ("RSUs") granted on June 23, 2025 under the Company's 2021 Equity Incentive Plan (as amended and restated on April 22, 2024) and reported on the Form 4 filed June 25, 2025. This relates to the vesting of the first of three equal annual installments (further details in Note 4 below). Each RSU represents the right to receive one share of Common Stock. These 25,000 RSUs were settled in shares of Common Stock on June 23, 2026.
- [F2]This transaction represents 11,850 shares of Common Stock withheld for tax obligations in connection with the settlement on June 23, 2026 of 25,000 RSUs that vested on June 23, 2026 (the first of three equal annual installments). The vesting of those 25,000 RSUs is described in Note 1 above.
- [F3]The 13,150 shares of Common Stock beneficially owned directly following the reported transactions reflects 25,000 shares of Common Stock acquired upon settlement of the RSUs that vested on June 23, 2026 (Note 1 above), less 11,850 shares withheld for tax upon settlement (Note 2 above).
- [F4]The RSUs reported on the Form 4 filed June 25, 2025 were granted for a total of 75,000 RSUs vesting in three equal annual installments: one-third vested on June 23, 2026; one-third will vest on June 23, 2027; and one-third will vest on June 23, 2028. Following the vesting and settlement of the first installment reported herein, 50,000 RSUs remain outstanding.
- [F5]Consists of 1,200 shares of Common Stock held by Beacon Group AS, as reported on the reporting person's Form 3 filed January 10, 2024. The reporting person is the owner of Beacon Group AS and disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Signature
/s/ Harold Callo Sanchez, as Attorney-in-Fact|2026-06-25