TYGO

#4022
Tigo Energy, Inc. - Common Stock
1.0 9 USD
-0.02%
Market Price
Settore: Tecnologia
Base: USD
Valuta di Profitto: USD
Intervallo Giornaliero
1.09
1.09
Intervallo Annuale
0.93
5.33
Variazione giornaliera
-1.80%
Variazione Mensile
-43.52%
Variazione di 6 mesi
-70.14%
Variazione Annuale
-22.14%
Chiusura Precedente
1.1 1
Open
1.0 9
Minimo
1.0 9
Massimo
1.0 9
Volume
24
Apri il grafico completo

Financials

Panoramica Estratto Conto Statistiche Documents

2026

Current report, Q3 FY2026
TIGO ENERGY, INC. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
TIGO ENERGY, INC. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
TIGO ENERGY, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
TIGO ENERGY, INC. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
TIGO ENERGY, INC. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
TIGO ENERGY, INC. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
TIGO ENERGY, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
TIGO ENERGY, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
TIGO ENERGY, INC. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
TIGO ENERGY, INC. current report, Q1 FY2026
8-K

TIGO ENERGY, INC. current report, Q1 FY2025

Full document

Tigo Energy, Inc. (TYGO) - Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Tigo Energy, Inc. on February 21, 2025, covering events occurring on February 18 and February 19, 2025. The company is incorporated in Delaware and trades on The Nasdaq Stock Market LLC under the symbol "TYGO". The filing primarily addresses executive compensation arrangements and employment agreement amendments.

Key Financial Metrics

The filing does not provide specific financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity figures for the current or prior periods. The document focuses exclusively on the structural terms of executive compensation plans rather than operational financial results.

Material Changes and Executive Compensation

  • Executive Short Term Incentive Plan (STI Plan): Approved on February 18, 2025, for key executives. Cash bonuses are based on:
    • Company Revenue (37.5% weighting).
    • Adjusted EBITDA (37.5% weighting).
    • Individual Performance Objectives (25% weighting).

    Bonus payouts range from 75% to 150% of the target based on performance thresholds. A minimum achievement of 75% of revenue and Adjusted EBITDA targets is required for any payout. Total bonuses cannot exceed the year's positive Adjusted EBITDA unless the Board determines otherwise.

  • Employment Agreement Amendments: On February 19, 2025, amended agreements were executed with CEO Zvi Alon and CFO Bill Roeschlein. Key terms include:
    • Change in Control Severance:
      • CEO: 24 months base salary, 100% target bonus (or actual if higher), and 24 months healthcare.
      • CFO: 18 months base salary, 75% target bonus (or actual if higher), and 18 months healthcare.
    • Termination Without Cause/Good Reason (No Change in Control):
      • CEO: 18 months base salary, pro-rated target bonus, and 18 months healthcare.
      • CFO: 12 months base salary, pro-rated target bonus, and 12 months healthcare.

Guidance, Outlook, and Risks

The filing contains no forward-looking financial guidance, revenue outlook, or management commentary regarding market conditions. The primary risk disclosed relates to the potential future cash outflows associated with the new executive compensation structure, specifically the severance obligations triggered by change in control or termination events.

Investor Verification Checklist

  • Verify the specific base salary figures for the CEO and CFO to calculate potential severance liabilities.
  • Review the full text of Exhibits 10.1, 10.2, and 10.3 for detailed definitions of "Cause," "Good Reason," and "Change in Control."
  • Monitor future quarterly reports to assess the company's Adjusted EBITDA performance against the new bonus thresholds.
  • Confirm the total aggregate bonus cap relative to the company's projected Adjusted EBITDA for the fiscal year.

Notizie