Tigo Energy (TYGO) COO Chang Yahui Withholds 12,734 Shares for Taxes

What Happened
Chang Yahui, Chief Operating Officer of Tigo Energy, had 12,734 shares of common stock withheld by the company on August 3, 2026 to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units (RSUs). The withheld shares are reported as disposed at $1.91 per share, for a gross value of $24,322. This was a withholding/cashless disposition to the issuer (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-08-03; 12,734 shares at $1.91 each; total $24,322. (Reported on Form 4 filed 2026-08-05.)
• Transaction type/code: Tax withholding/exempt disposition to issuer (Code F).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Relevant footnotes:
  • F1: Withheld shares represent common stock withheld in an exempt disposition under Rule 16b-3(e) to satisfy tax withholding on vested RSUs.
  • F2/F3: Reporting person holds RSUs from grants on Nov 11, 2024 (96,000 shares underlying RSUs) and Aug 1, 2025 (52,099 shares underlying RSUs) with staggered one‑third vesting schedules; some tranches previously vested and delivered.
• Timeliness: Filing appears timely (transaction 2026-08-03; Form 4 filed 2026-08-05).

Context
This was a routine tax-withholding transaction tied to RSU vesting—not a discretionary sale or a purchase. Such withholdings are common when equity awards vest and do not necessarily signal insider sentiment about the company.