Trina Solar (Schweiz) AG Sells 22.5 Million Shares of T1 Energy Inc., Reducing Stake to 11%

On May 26, 2026, Trina Solar (Schweiz) AG filed a Schedule 13D/A reporting a significant reduction in its holdings of T1 Energy Inc. (TE). The reporting person sold a total of 22,500,000 shares of common stock across two days. Specifically, on May 21, 2026, the filer sold 13,000,000 shares in three tranches with average weighted prices ranging from $8.62 to $9.20. On May 22, 2026, an additional 9,500,000 shares were sold, primarily at an average price of $8.13 per share. Following these transactions, Trina Solar (Schweiz) AG retains ownership of 30,652,664 shares, representing approximately 11.0% of the company's outstanding common stock. The filing also notes historical governance changes, including the removal of the filer's right to designate a director under an Amended and Restated Cooperation Agreement dated December 29, 2025, and the subsequent resignation of the designated director on March 30, 2026. The sales were conducted in the ordinary course of business.