---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-048173"
form_type: "8-K"
ticker: "TYGO"
cik: "0001855447"
company_name: "TIGO ENERGY, INC."
filed_at: "2023-06-12T23:59:59+00:00"
generated_at: "2026-06-14T03:14:39.636536+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Tigo Energy adopts Fiscal 2023 Executive Short Term Incentive Plan

## Summary
- Cash bonus based 37.5% on 2023 revenue, 37.5% on Adjusted EBITDA, 25% on individual goals.
- Minimum threshold: company revenue and Adjusted EBITDA must reach 75% of target for any payout.
- Maximum payout: 150% of target bonus if performance exceeds target levels.
- Bonus determination by Compensation Committee after fiscal 2023; payment expected by February 28, 2024.
- Eligibility requires employment by December 31, 2022; hires during 2023 receive pro-rata bonus.

## SEC filing metadata
- accession: 0001213900-23-048173
- form_type: 8-K
- ticker: TYGO
- cik: 0001855447
- company_name: TIGO ENERGY, INC.
- filed_at: 2023-06-12T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855447/000121390023048173/0001213900-23-048173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855447/000121390023048173/ea180186-8k_tigoenergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-048173
- JSON: https://secwatch.observer/filing/0001213900-23-048173.json
- Plain text: https://secwatch.observer/filing/0001213900-23-048173.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.