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.