4Filed Aug 4, 8:00 PM ET
Tigo Energy (TYGO) 10% Owner Alon Zvi Withholds 61,173 Shares
$TYGO · TIGO ENERGY, INC.Research Summary
AI-generated summary of this SEC filing
Tigo Energy (TYGO) 10% Owner Alon Zvi Withholds 61,173 Shares
What Happened
- Alon Zvi, a 10% owner of Tigo Energy, had 61,173 shares of common stock withheld on August 3, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs). The shares were valued at $1.91 each for a total of $116,840. This was an exempt disposition (transaction code F) to cover taxes, not an open-market sale.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (timely filed).
- Withheld: 61,173 shares at $1.91 per share; total value $116,840.
- Transaction code F = tax withholding (exempt disposition under Rule 16b-3(e)).
- Footnotes detail RSU grants underlying the withholding: 57,971 shares (Aug 11, 2023 grant), 222,220 shares (Sep 16, 2024 grant), and 240,458 shares (Aug 1, 2025 grant) with standard multi-year vesting schedules; some tranches previously vested and delivered.
- Shares owned after the reported transaction are not specified in the filing.
Context
- This was a tax-withholding/cashless-type disposition tied to RSU vesting — a routine administrative action rather than a directional buy or sell signal. As a 10% owner, Zvi is a Section 16 insider and such transactions are reported on Form 4.