STOCK TITAN

FTC Solar director buys 101K shares at $2.69

(Moderate)
(Positive)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider SADASIVAM SHAKER
Role Director
Bought 101,083 shs ($272K)
Type Security Shares Price Value
Purchase Common Stock F1 101,083 $2.69 $272K
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 255,464 shares (Direct); Common Stock — 301,720 shares (Indirect, By limited liability company)
Footnotes (2)
  1. 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.
  2. 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.
Shares purchased 101,083 shares of Common Stock Open-market or private purchase on August 28, 2026
Weighted average purchase price $2.69 per share Multiple transactions with prices from $2.460 to $2.900
Direct holdings after transaction 255,464 shares Common Stock directly owned by Shaker Sadasivam after the reported purchase
Indirect holdings through ChristSivam, LLC 301,720 shares Common Stock held by ChristSivam, LLC, over which he has sole voting and dispositive power
Price range of individual trades $2.460 to $2.900 per share Range of prices for the multiple purchase transactions on August 28, 2026
weighted average purchase price financial
"Represents a weighted average purchase price per share for these shares"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
voting and dispositive power financial
"has sole voting and dispositive power with respect to the shares"
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any"
indirect ownership financial
"total_shares_following_transaction":"301720.0000","direct_or_indirect":"I""

FAQ

What insider transaction did FTCI director Shaker Sadasivam report on this Form 4?

He reported purchasing 101,083 shares of FTC Solar common stock on August 28, 2026 in an open-market or private transaction, at a weighted average price of $2.69 per share, with individual trade prices between $2.46 and $2.90.

What is Shaker Sadasivam’s direct ownership in FTCI after this transaction?

After the reported purchase, Shaker Sadasivam directly owns 255,464 shares of FTC Solar, Inc. common stock. This figure represents his direct holdings only and does not include shares held indirectly through ChristSivam, LLC.

What indirect FTCI holdings are associated with Shaker Sadasivam?

A total of 301,720 shares of FTC Solar common stock are reported as indirectly owned through ChristSivam, LLC. He is the manager and has sole voting and dispositive power over these shares, but he disclaims beneficial ownership except for any pecuniary interest.

At what prices were Shaker Sadasivam’s FTCI share purchases executed?

The 101,083 FTC Solar shares were acquired in multiple transactions at prices ranging from $2.460 to $2.900 per share. The reported $2.69 figure is a weighted average purchase price across those trades.

Does this Form 4 state that the FTCI trades were under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
SADASIVAM SHAKER

(Last)(First)(Middle)
10900 STONELAKE BLVD.
SUITE 100 QUARRY OAKS II BUILDING

(Street)
AUSTIN TEXAS 78759

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FTC Solar, Inc. [ FTCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026P101,083A$2.69(1)255,464D
Common Stock301,720IBy limited liability company(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Cathy Behnen, as Attorney-in-Fact09/01/2026
** Signature of Reporting PersonDate
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)