SEPTInvestingStart Free

TE SCHEDULE 13D/A: Activist campaign

Encompass Capital Advisors and related entities

Filed with the SEC on · accession 0000921895-26-003078

TE filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Nov 13, 2026. Encompass Capital Advisors and related entities filed Amendment No. 7 to their Schedule 13D, reporting beneficial ownership of approximately 19.99% of T1 Energy's common stock (including shares issuable upon conversion of Series B and B-1 preferred stock, subject to a 19.99% blocker). The stock moved -3.0% by the first close after the filing.

Summary of the filing

Encompass Capital Advisors and related entities filed Amendment No. 7 to their Schedule 13D, reporting beneficial ownership of approximately 19.99% of T1 Energy's common stock (including shares issuable upon conversion of Series B and B-1 preferred stock, subject to a 19.99% blocker). ECA also entered into a commitment letter to purchase up to $15.0 million of the Issuer's common stock, with the amount determined solely by the Issuer.

For details, click here →

Key details

Commitment to purchase up to $15.0 million of T1 Energy common stock$15.0M
Shares of common stock beneficially owned by Encompass Capital Advisors LLC (including shares issuable upon conversion of preferred stock)$73.8M
Shares of common stock beneficially owned by Encompass Capital Partners LLC (including shares issuable upon conversion of preferred stock)$60.9M
IssuerT1 Energy Inc.
Reporting person / investorEncompass Capital Advisors LLC
Reporting person / investorEncompass Capital Partners LLC
Managing member of encompass capital advisors llc and encompass capital partners llcTodd J. Kantor

How TE stock reacted

Close before

$1.97

Nov 12, 2026

First close after

-3.05%

$1.91

5 trading days

—

Since filing

—

✦ Ask GOAX AI about this filing — what it means for TE, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for TE?

Click here

Frequently asked questions

What did TE file with the SEC on Nov 13, 2026?

TE filed a SCHEDULE 13D/A (Activist campaign). Encompass Capital Advisors and related entities filed Amendment No. 7 to their Schedule 13D, reporting beneficial ownership of approximately 19.99% of T1 Energy's common stock (including shares issuable upon conversion of Series B and B-1 preferred stock, subject to a 19.99% blocker). ECA also entered into a commitment letter to purchase up to $15.0 million of the Issuer's common stock, with the amount determined solely by the Issuer.

What does a activist campaign mean for TE stock?

A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.

How do I read a SCHEDULE 13D/A?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).

How did TE stock react to this filing?

TE closed at $1.97 before the filing and $1.91 on Nov 13, 2026 (-3.05%).

Other TE SEC filings

Get alerts when TE files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days
TE overviewTE analysisTE newsLatest SEC filings