Tigo Energy Files 8-K on Director/Officer Changes

TL;DR

Tigo Energy (TIGO) filed an 8-K detailing board and officer changes. Watch for new strategic direction.

AI Summary

Tigo Energy, Inc. filed an 8-K on October 7, 2024, reporting changes related to its directors and officers, including the election of new directors and updates to compensatory arrangements. The filing also notes the company's former name, Roth CH Acquisition IV Co., which changed on April 6, 2021.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Filings concerning director and officer changes can indicate internal shifts that may affect company operations or strategy.

Key Players & Entities

• Tigo Energy, Inc. (company) — Registrant
• Roth CH Acquisition IV Co. (company) — Former company name
• October 7, 2024 (date) — Filing date and earliest event reported
• April 6, 2021 (date) — Date of former company name change

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 per share TYGO The Nasdaq Stock Mar
• $260,000 — provides for an initial base salary of $260,000. In addition, pursuant to the Offer Let

Filing Documents

• ea0216951-8k_tigo.htm (8-K) — 25KB
• 0001213900-24-085918.txt ( ) — 197KB
• tygo-20241007.xsd (EX-101.SCH) — 3KB
• tygo-20241007_lab.xml (EX-101.LAB) — 33KB
• tygo-20241007_pre.xml (EX-101.PRE) — 22KB
• ea0216951-8k_tigo_htm.xml (XML) — 4KB

02 Departure of Directors or Certain Officers; Election of

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 7, 2024, Tigo Energy, Inc. ("Tigo" or the "Company") announced that it appointed Anita Chang to serve as the Chief Operating Officer of the Company, effective October 7, 2024. Ms . Chang, age 51, Ms. Chang served as the Senior Vice President of Global Manufacturing Operations of Tigo from May 2023 to October 2023, the Chief Operating Officer of Tigo from July 2020 to May 2023, and the Vice President of Operations & General Manager, China, at Tigo from 2015 to 2020. She was responsible for leading Tigo's product delivery and fulfillment obligations worldwide. She came to Tigo with more than 17 years of experience in global Sales, Engineering, Quality Assurance, Product Management and Supplier Management roles across the consumer devices, optical storage, touch solutions, and data communication industries. Previously, Ms. Chang held various leadership positions at TE Connectivity, Quanta Storage Inc., and Taiwan Video & Monitor Corp. (part of TPK group). The Company has entered into a letter agreement (the "Offer Letter") with Ms. Chang which provides for an initial base salary of $260,000. In addition, pursuant to the Offer Letter and subject to Board approval, Ms. Chang is expected to receive the following awards in connection with her appointment as Chief Operating Officer, subject to the terms and conditions of the Company's 2023 Equity Incentive Plan and forms of awards thereunder: (i) an option to purchase 250,000 shares of the Company's common stock ("Options"), (ii) an award of 144,000 restricted stock units ("RSUs") and (iii) an award of 71,000 performance stock units ("PSUs"). The PSUs will vest based on the achievement of performance goals over the applicable performance period, subject to continued service. The RSUs and Options will vest based on the vesting schedules included in the gr

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 7, 2024 TIGO ENERGY, INC. By: /s/ Bill Roeschlein Name: Bill Roeschlein Title: Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR