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TE FREYR Battery, Inc. /DE/ Insider Trading

Latest: Insider Sold $190.3M of Shares · May 2026

Multiple insiders have been active at FREYR Battery, Inc. /DE/ (TE): 3 distinct insiders account for 2 buy filings and 4 sell filings as of Dec 2024. Its highest-significance filing in the last 90 days: Trina Solar (Schweiz) AG sold $190.3M, transaction dated May 2026.

4 filings analyzed · Latest 2024-12-17

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Buys
2
Sells
4
Insiders
3
Direction
Net selling

FREYR Battery, Inc. /DE/ leadership

CEO
Daniel Barcelo — Chief Executive Officer
CFO
Joseph Evan Calio — Chief Financial Officer
COO
Jaime Gualy — Chief Operating Officer
General Counsel
Andrew Munro — Chief Legal and Chief Compliance Officer
Chair
Daniel Barcelo — Chief Executive Officer ("CEO") and Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~4% over the 90 days after a high insider sell (n ≈ 3,996, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-26
high
22,500,000 shares
$190,311,514
@ $8.46
Significance 7

Trina (Solar Schweiz AG) sold 22,500,000 shares (42.3% of holdings) for $190.3M on 2026-05-21/22, blended avg $8.46, current price $10.45

Solar (Schweiz) AG Trina, a 10% owner of T1 Energy Inc., executed 5 separate sales totaling 22,500,000 shares for $190,311,514.19 across two trading days, reducing holdings from 53,152,664 shares to 30,652,664 shares. The shares were sold at prices ranging from $8.13 to $9.20, with a blended average of $8.46, while the current market price stands at $10.45—indicating the stock has risen significantly post-transaction. The company's fundamentals show annual revenue growth of +25572.8% and a $2.9B market cap, but the firm posted a net loss of $20,419,000 over its most recent full fiscal year and remains unprofitable. The scale of this reduction—eliminating 42.3% of the major shareholder's position—warrants investor scrutiny, particularly given the concurrent deterioration in company profitability alongside the aggressive volume of sales.

September 2025
2025-09-24
medium
760,455 shares
$1,479,291
@ $1.95
Significance 4

Director Slettemoen sold 760,455 shares over 2 days (Sept 22-23) for $1,479,291.05 as stock near 52-week high

Director Tore Ivar Slettemoen executed two separate sales totaling 760,455 shares for $1,479,291.05 on September 22-23, 2025, at an average price of $1.95 per share. The sales reduced his holdings by 15.6%, from 4.87M to 4.11M shares. The timing occurs as TE stock trades at $2.20, at the top of its 52-week range and up 35.8% over the prior 30 days and 69.2% over 90 days. Despite the recent strength, the company remains unprofitable with a net loss of $31.9M in the latest quarter. Slettemoen's prior cross-ticker transaction history shows a 0.00% well-timed rate on sells, indicating his past sales have coincided with subsequent stock appreciation rather than declines. The magnitude and timing of this liquidation warrant monitoring in the context of the company's ongoing negative earnings and the stock's recent rally to its 52-week ceiling.

December 2024
2024-12-17
high
1,144,588 shares
$1,925,583
@ $1.68
Significance 6

Director Slettemoen sold 1,144,588 shares at avg $1.68 for $1.9M, reducing stake 17.3% in 2 days amid -16.2% monthly decline

Slettemoen Tore Ivar executed 2 separate sales totaling 1,144,588 shares (1.14M shares) for $1,925,583.12 ($1.9M) on December 13 and 17, reducing his FREY holdings from 6,616,105 to 5,471,517 shares. The sales occurred as FREY declined 16.2% over 30 days and 33.8% from its 52-week high of $2.66, with shares trading at $1.76 at filing. The company remains unprofitable with net income of $-27,475,000.00 ($-27.5M) over its most recent full fiscal year. The director's rapid two-day liquidation of 1.14M shares represents a material reduction in his ownership position, completed at prices ($1.63 and $1.74) close to current market levels, warranting examination of the motivation and strategic context underlying this near-consecutive sell sequence.

2024-12-16
high
Chief Financial Officer
549,862 shares
$903,276
@ $1.64
Significance 7

CFO Joseph Evan Calio bought 549,862 shares for $903,276.44 in 3 transactions at FREYR Battery (FREY), +421.0% increase in holdings to 680,462 shares

Calio Joseph Evan, CFO of FREYR Battery, executed three separate purchases totaling 549,862 shares for $903,276.44 between December 12–16, 2024, expanding his holdings by 421.0% from 130,600 to 680,462 shares. The transactions occurred at prices ($1.74, $1.62, $1.57) near the current price of $1.57, and substantially above the 52-week low of $0.95, during a period when the stock is down 41.0% from its 52-week high and down 25.2% over the past 30 days. The company reported a net loss of $27,475,000 and remains unprofitable, and the CFO's prior open-market buy at this ticker (November 8, 2024) returned -11.0% over 30 days. This large accumulation by a top financial officer at a loss-making battery company merits investor scrutiny of the underlying business rationale and capital allocation strategy.

2024-12-12
high
964,341 shares
$1,613,143
@ $1.67
Significance 6

Director Slettemoen sells 964,341 shares (964.3K shares) over 3 days for $1,613,143.07 ($1.6M), reducing stake by 12.7%.

Slettemoen Tore Ivar, a Director, executed 3 separate sales totaling 964,341 shares for $1,613,143.07 at blended average price of $1.67 between December 10-12, 2024. The reduction of his holdings from 7,580,446 shares to 6,616,105 shares (a 12.7% decrease) represents a material reduction in his stake at FREYR Battery. The company posted net income of $-27,475,000.00 in its most recent full fiscal year, and the stock currently trades at $1.66, down 37.6% from its 52-week high of $2.66. The timing of this multi-day liquidation warrants investor attention given the company's unprofitable status and the magnitude of the position reduction.

November 2024
2024-11-13
high
Chief Financial Officer
130,600 shares
$249,446
@ $1.91
Significance 6

CFO Calio Joseph Evan buys 130,600 shares at $1.91; first position in FREY, unprofitable company with $-27.5M FY net income.

Calio Joseph Evan, Chief Financial Officer of FREYR Battery, purchased 130,600 shares at $1.91 on 2024-11-08, establishing his first shareholding in the company with a total investment of $249,446.00. The CFO's inaugural purchase carries weight as a leadership-level commitment, yet occurs within a materially challenged financial context: the company reported a full-year net income of $-27,475,000.00 and remains unprofitable. The current stock price of $2.10 is -21.0% from the 52-week high of $2.66, and while the 30-day change shows +107.9% and 90-day change shows +70.7%, the transaction price of $1.91 sits well below recent peaks. A CFO's first equity stake is typically noteworthy for governance perception; however, the combination of significant ongoing losses and the company's modest market cap of $295,029,852.60 suggests investors should closely examine whether this represents confidence in operational turnaround or reflects compensation structure rather than discretionary conviction.

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