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PSU vesting and tax withholding for Tigo Energy (NASDAQ: TYGO) officer
Tigo Energy’s Chief Growth Officer, Tian Jing, recently had 35,057 performance stock units (PSUs) vest into shares of common stock, following the company’s achievement of revenue and adjusted EBITDA targets for 2025. To cover tax obligations related to this vesting, 18,574 shares were withheld at a price of $4.14 per share. After these transactions, Tian Jing directly holds 289,212 shares, which includes previously granted Restricted Stock Units (RSUs) that will vest in installments.