FTC Solar director buys 101K shares at $2.69
FTC Solar, Inc. (FTCI) director Shaker Sadasivam reported an open-market purchase of 101,083 shares of common stock on August 28, 2026 at a weighted average price of $2.69 per share, with individual trade prices ranging from $2.46 to $2.90.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
FTC Solar, Inc. (FTCI) director Shaker Sadasivam reported an open-market purchase of 101,083 shares of common stock on August 28, 2026 at a weighted average price of $2.69 per share, with individual trade prices ranging from $2.46 to $2.90. Following this transaction, he directly holds 255,464 shares of FTC Solar common stock. He is also the manager of ChristSivam, LLC, which holds 301,720 shares reported as indirectly owned; he has sole voting and dispositive power over those shares but disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 101,083 | $2.69 | $272K |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents a weighted average purchase price per share for these shares, which were purchased in multiple transactions at prices ranging from $2.460 to $2.900. The Reporting Person undertakes to provide to the Issuer, the staff of the Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F2. The Reporting Person is the Manager of ChristSivam, LLC and has sole voting and dispositive power with respect to the shares held by ChristSivam, LLC. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
Key Figures
Key Terms
weighted average purchase price financial
voting and dispositive power financial
disclaims beneficial ownership financial
pecuniary interest financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FTCI director Shaker Sadasivam report on this Form 4?
What is Shaker Sadasivam’s direct ownership in FTCI after this transaction?
What indirect FTCI holdings are associated with Shaker Sadasivam?
Does this Form 4 state that the FTCI trades were under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.