FTC Solar CEO granted 400,000 PSUs, vesting through 2028
FTC Solar (FTCI) reported a Form 4 showing its Chief Executive Officer, who also serves as a director, received 400,000 Performance Stock Units (PSUs) on 10/20/2025 under the 2021 Stock Incentive Plan.
Rhea-AI Filing Summary
FTC Solar (FTCI) reported a Form 4 showing its Chief Executive Officer, who also serves as a director, received 400,000 Performance Stock Units (PSUs) on 10/20/2025 under the 2021 Stock Incentive Plan. The PSUs convert into an equal number of common shares and were recorded at a $0 derivative price. They vest in 3 annual tranches, each conditioned on meeting specified share price thresholds and continued service, and carry an expiration date of 10/20/2028. Following the grant, 400,000 derivative securities were beneficially owned, held directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 400,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant of Performance Stock Units ("PSUs") pursuant to the Issuer's 2021 Stock Incentive Plan.
- F2. These PSUs vest in 3 annual tranches, with vesting of each tranche conditioned upon the Issuer's common stock satisfying a specified per share price threshold and the Reporting Person satisfying a service condition.
FAQ
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What did FTCI disclose in this Form 4?
How do the PSUs for FTCI’s CEO vest?
What is the underlying security and amount for the PSUs?
What are the key dates for the PSUs?
What price was reported for the derivative security?
How many derivative securities were owned after the transaction?
Who received the PSU grant at FTCI?
AI-generated analysis. How Rhea-AI works. Not financial advice.