Enphase Energy (ENPH) director granted 5,952 RSUs under 2021 equity plan

Rhea-AI Filing Summary

MORA RICHARD reported acquisition or exercise transactions in this Form 4 filing.

Enphase Energy director Richard Mora received a grant of 5,952 restricted stock units (RSUs). The award was made at no cash cost to him as equity compensation in the form of common stock.

The RSUs were granted under Enphase’s 2021 Equity Incentive Plan. They vest in four equal quarterly installments from the grant date and will be fully vested on the earlier of the one-year anniversary of the grant or the company’s next annual stockholder meeting, provided he remains in continuous service. Following this grant, Mora directly holds 15,322 shares of Enphase common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MORA RICHARD

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,952	$0.00	--

Holdings After Transaction: Common Stock — 15,322 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 5,952 RSUs Price per share: $0.0000 per share Shares held after grant: 15,322 shares +2 more

5 metrics

RSU grant size 5,952 RSUs Restricted stock units granted on May 13, 2026

Price per share $0.0000 per share Reported grant price for the RSU award

Shares held after grant 15,322 shares Total Enphase common shares directly owned after transaction

Vesting structure Four equal quarterly installments Vesting schedule from grant date under 2021 Plan

Full vesting trigger Earlier of 1-year anniversary or next annual meeting Conditioned on continuous service through each vesting date

Key Terms

Restricted stock units ("RSUs"), 2021 Equity Incentive Plan, Continuous Service, annual meeting of stockholders

4 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)"

annual meeting of stockholders financial

"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"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MORA RICHARD

(Last) (First) (Middle)

C/O ENPHASE ENERGY, INC.

47281 BAYSIDE PARKWAY

(Street)

FREMONT CALIFORNIA 94538

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Enphase Energy, Inc. [ ENPH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/13/2026		A		5,952	A(1)	$0	15,322	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan"). RSUs vest in four equal quarterly installments from the grant date, such 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.

Remarks:

	/s/ Lisan Hung, Attorney-in-Fact for Richard Mora	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Enphase Energy (ENPH) director Richard Mora report on this Form 4?

Richard Mora reported receiving 5,952 restricted stock units (RSUs) of Enphase Energy common stock as an equity grant. The award is a compensation-related acquisition at no cash cost, increasing his direct holdings to 15,322 shares after the transaction.

How many Enphase Energy (ENPH) RSUs were granted to Richard Mora?

Richard Mora was granted 5,952 restricted stock units (RSUs) of Enphase Energy common stock. These RSUs were issued under the company’s 2021 Equity Incentive Plan as a compensation award, rather than a market purchase, according to the Form 4 filing details.

What is the vesting schedule for Richard Mora’s Enphase (ENPH) RSU grant?

The 5,952 Enphase RSUs vest in four equal quarterly installments from the grant date. They fully vest on the earlier of the one-year anniversary of the grant or the next annual stockholder meeting, assuming Mora maintains continuous service with the company throughout each vesting date.

How many Enphase Energy (ENPH) shares does Richard Mora hold after this grant?

After the RSU grant, Richard Mora directly holds 15,322 shares of Enphase Energy common stock. This total reflects the Form 4’s reported holdings following the equity award and provides context for his overall ownership position as a company director.

Under which plan were Richard Mora’s Enphase (ENPH) RSUs granted?

The RSUs were granted under Enphase Energy’s 2021 Equity Incentive Plan. This plan provides equity-based compensation, and the Form 4 footnote specifies that the restricted stock units and their vesting terms are governed by this 2021 Plan framework.