March 7, 2024 · Form 4 insider transaction
Sullivan Jeffrey Stuart sold 3,231 shares of TYGO at $1.33 per share, a transaction worth $4.3K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents shares of Common Stock that were sold to satisfy the reporting person's tax withholding obligations in connection with the grant of shares of Common Stock referenced in the reporting person's Form 4 filed on March 6, 2024, as required by the terms of the restricted stock unit agreement. Such sales do not represent discretionary transactions by the reporting person.; Represents the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $1.28 to $1.36.; Includes 56,522 shares of common stock, par value $0.0001 per share ("Common Stock"), underlying restricted stock units ("RSUs") granted to the reporting person on August 11, 2023 (the "Grant Date") pursuant to the Issuer's 2023 Incentive Plan. One-Third (1/3) of the RSUs shall vest, and an equal number of shares of Common Stock will be deliverable to the reporting person, on each of the first three anniversaries of the Grant Date, subject to continued service through each such vesting date.