Calio Joseph Evan 4
4 · T1 Energy Inc. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
T1 Energy (TE) CFO Joseph Calio Receives RSU Shares
What Happened
Joseph (Joe) Calio, Chief Financial Officer of T1 Energy (TE), had 125,000 restricted stock units (RSUs) vest on June 23, 2026. Those RSUs were settled into shares, with 57,925 shares withheld to cover taxes (valued at $9.24 per share, $535,227), leaving a net 67,075 shares credited to him. The filing was made on Form 4 on June 25, 2026.
Key Details
- Transaction date: June 23, 2026 (Form 4 filed June 25, 2026).
- Recorded entries: 125,000 RSUs converted to common stock (transaction code M); 57,925 shares withheld for tax obligations (transaction code F) at $9.24 each = $535,227.
- Shares beneficially owned after the transactions: 1,864,660 shares (per footnote calculation).
- Grant background: These RSUs are the first of three equal annual installments from a 375,000 RSU award granted June 23, 2025; 250,000 RSUs remain outstanding.
- Notes: The 57,925-share “disposal” reflects tax withholding (not an open-market sale). Filing appears timely (reported two days after vesting).
Context
This is a routine equity-compensation event (vest and settlement of RSUs). RSUs convert into one share each on vesting; withholding shares to satisfy tax obligations is a common cashless settlement mechanism and should not be interpreted as an outright sale signaling sentiment. Transaction codes: M = exercise/conversion of derivative (RSU settlement), F = tax withholding.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-23+125,000→ 1,922,585 total - Tax Payment
Common Stock
[F2][F3]2026-06-23$9.24/sh−57,925$535,227→ 1,864,660 total - Exercise/Conversion
Restricted Stock Units (RSUs)
[F1][F4]2026-06-23−125,000→ 250,000 total→ Shares of Common Stock (125,000 underlying)
Footnotes (4)
- [F1]This transaction represents the vesting on June 23, 2026 of 125,000 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 125,000 RSUs were settled in shares of Common Stock on June 23, 2026.
- [F2]This transaction represents 57,925 shares of Common Stock withheld for tax obligations in connection with the settlement on June 23, 2026 of 125,000 RSUs that vested on June 23, 2026 (the first of three equal annual installments). The vesting of those 125,000 RSUs is described in Note 1 above.
- [F3]The 1,864,660 shares of Common Stock beneficially owned following the reported transactions reflects: (i) 1,797,585 shares reported on the Form 4 filed June 17, 2026; plus (ii) 125,000 shares acquired upon vesting of RSUs on June 23, 2026 (Note 1 above); less (v) 57,925 shares withheld for tax upon settlement of RSUs on June 23, 2026 (Note 2 above).
- [F4]The RSUs reported on the Form 4 filed June 25, 2025 were granted for a total of 375,000 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, 250,000 RSUs remain outstanding.