TIGO ENERGY (TYGO) 10% Owner Alon Zvi Receives RSU Award

What Happened

• Alon Zvi, a 10% owner of TIGO ENERGY, INC. (TYGO), received an award of 233,900 restricted stock units (RSUs) on August 7, 2026 (transaction code A). The RSUs were granted at $0.00 and will vest one‑third on each of the first three anniversaries of the Aug 7, 2026 grant date, subject to continued service.
• On August 11, 2026, 29,496 shares were disposed/withheld (transaction code F) at an indicated per‑share value of $1.25 to satisfy tax withholding obligations, totaling $36,870. The filing states the share withholding was an exempt disposition under Rule 16b-3(e).

Key Details

• Transaction dates and amounts:
  • Aug 7, 2026 — Award/grant of 233,900 RSUs (price $0.00).
  • Aug 11, 2026 — 29,496 shares withheld for taxes at $1.25/share; total value $36,870.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • The Aug 7, 2026 RSUs vest one‑third each year for three years (subject to service).
  • The filing references prior RSU grants (Aug 11, 2023; Sep 16, 2024; Aug 1, 2025) and confirms withholding was used to satisfy tax obligations arising from vested RSUs.
  • Withholding was done as an exempt disposition under Rule 16b-3(e).
• Filing timeliness: Report filed Aug 11, 2026 (covers Aug 7 grant and Aug 11 withholding); no late filing indicated in the report.

Context

• This was a compensation grant (RSUs), not an open‑market purchase or sale — grants signal company compensation decisions rather than direct insider bullish/bearish market bets.
• The withholding of shares to cover taxes is routine when RSUs vest (a cashless/stock‑settlement method for tax payment), and does not necessarily reflect a voluntary sale by the insider.
• As a 10% owner, Alon Zvi is a significant insider; these entries primarily reflect equity compensation and related tax withholding rather than a market purchase or gift.