Director at Enphase (ENPH) sells 700 shares, retains 14,622-share stake

Rhea-AI Filing Summary

Enphase Energy director Richard Mora reported an open-market sale of 700 shares of Common Stock at $46.39 per share. The transaction took place on 2026-05-19. After this sale, he directly owns 14,622 Enphase shares, showing he retains a significant continuing stake in the company.

Insights

Equity ownership analyst

Director executes a small open-market sale while maintaining a meaningful ongoing stake.

Richard Mora, a director of Enphase Energy, executed an open-market sale of 700 Common Stock shares at $46.39 each on May 19, 2026. The filing classifies this as an open-market or private sale transaction.

Following the sale, Mora directly holds 14,622 shares. This indicates that only a modest fraction of his visible position was sold in this event, with no derivative exercises, gifts, or tax withholdings reported in this filing.

Insider Trade Summary

Net Seller: 700 shares ($32,473)

Net Sell 1 txn

Insider MORA RICHARD

Role null

Sold 700 shs ($32K)

Type	Security	Shares	Price	Value
Sale	Common Stock	700	$46.39	$32K

Holdings After Transaction: Common Stock — 14,622 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 700 shares Sale price: $46.39 per share Shares owned after transaction: 14,622 shares

3 metrics

Shares sold 700 shares Open-market sale on May 19, 2026

Sale price $46.39 per share Price for the 700 shares sold

Shares owned after transaction 14,622 shares Direct holdings following the sale

Key Terms

open-market sale, Common Stock, Form 4, transaction code "S"

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

transaction code "S" financial

""transaction_code": "S""

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)
05/19/2026

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	05/19/2026		S		700	D	$46.39	14,622	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:

Remarks:

	/s/ Lisan Hung, Attorney-in-Fact for Richard Mora	05/21/2026
	** 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 insider transaction did Enphase Energy (ENPH) report for Richard Mora?

Enphase Energy director Richard Mora reported selling 700 shares of Common Stock. The shares were sold in an open-market transaction at $46.39 per share on May 19, 2026, according to the Form 4 insider trading report.

At what price did Richard Mora sell Enphase Energy (ENPH) shares?

Richard Mora sold his Enphase Energy shares at $46.39 per share. The Form 4 shows a single open-market sale of 700 Common Stock shares executed at that price on May 19, 2026, under transaction code "S".

How many Enphase Energy (ENPH) shares does Richard Mora hold after the sale?

After the reported sale, Richard Mora directly owns 14,622 Enphase Energy shares. This post-transaction holding reflects his remaining stake following the open-market sale of 700 shares disclosed in the Form 4 filing.

Was the Enphase Energy (ENPH) insider transaction a purchase or a sale?

The transaction was a sale of Enphase Energy shares. The Form 4 lists transaction code "S" and describes it as an open-market or private sale of 700 Common Stock shares by director Richard Mora.

Did the Enphase Energy (ENPH) Form 4 include any option exercises or derivative trades?

No, this Form 4 does not report any derivative or option activity. The filing shows only one non-derivative transaction: an open-market sale of 700 Common Stock shares, with no remaining derivative positions listed in the derivative summary.