Enphase director adds shares via grant and purchase
Enphase Energy director Shanker Trivedi increased his stake through a grant and a purchase.
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Form Type
4
Rhea-AI Filing Summary
Enphase Energy director Shanker Trivedi increased his stake through a grant and a purchase. He received 4,551 restricted stock units as an equity award, which vest in scheduled installments under the 2021 Equity Incentive Plan. In a separate open-market transaction, a trust for which he serves as trustee bought 1,000 common shares at about $53.91 each.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
2 txns
Insider
Trivedi Shanker
Role
Director
Bought
1,000 shs ($54K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $53.91 | $54K |
| Grant/Award | Common Stock | 4,551 | $54.93 | $250K |
Holdings After Transaction:
Common Stock — 4,551 shares (Direct);
Common Stock — 1,000 shares (Indirect, By Trust)
Footnotes (2)
- F1. Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan"). RSUs vest in four equal quarterly installments on August 15, 2026, November 15, 2026, February 15, 2027 and May 15, 2027; provided that the total RSUs are fully vested on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan) through each applicable vesting date.
- F2. These shares are held directly by the Trust for which the Reporting Person serves as a trustee.
Key Figures
Open-market purchase: 1,000 shares at $53.91
Indirect holdings after purchase: 1,000 shares
RSU award size: 4,551 RSUs at $54.93
+2 more
5 metrics
Open-market purchase
1,000 shares at $53.91
Common stock bought on June 12, 2026, by trust
Indirect holdings after purchase
1,000 shares
Common stock held by trust with Trivedi as trustee
RSU award size
4,551 RSUs at $54.93
Grant on June 11, 2026, under 2021 Equity Incentive Plan
Direct RSU holdings
4,551 RSUs
Total RSUs directly held after award
Vesting dates
Aug 15, 2026–May 15, 2027
Four equal quarterly vesting installments
Key Terms
Restricted stock units ("RSUs"), 2021 Equity Incentive Plan, Continuous Service, open-market purchase, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2021 Equity Incentive Plan financial
"RSUs issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan")"
Continuous Service financial
"subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan)"
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Enphase Energy (ENPH) director Shanker Trivedi report?
He reported two transactions: a grant of 4,551 restricted stock units and an open-market purchase of 1,000 Enphase Energy common shares. The RSUs are compensation, while the purchase reflects additional indirect ownership through a trust.
What are the details of Shanker Trivedi’s RSU award at Enphase Energy (ENPH)?
He received 4,551 restricted stock units under Enphase Energy’s 2021 Equity Incentive Plan. The RSUs vest in four quarterly installments from August 15, 2026 through May 15, 2027, subject to his continuous service with the company.
When do Shanker Trivedi’s Enphase Energy RSUs fully vest?
The RSUs vest in four quarterly tranches between August 15, 2026 and May 15, 2027. They are fully vested on the earlier of one year from grant or the next annual stockholder meeting, assuming continuous service throughout that period.
Was Shanker Trivedi’s Enphase Energy stock purchase an open-market transaction?
Yes. The filing classifies the 1,000-share acquisition as an open-market purchase at approximately $53.91 per share. This indicates the trust bought the shares on the market rather than receiving them as part of an equity compensation grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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