FTC Solar director buys 39,583 shares at $2.35
FTC Solar, Inc. (FTCI) had a Form 4 filed for director Shaker Sadasivam, who purchased 39,583 shares of common stock on 2026-08-27 at a weighted average price of $2.35 per share, in multiple trades ranging from $2.28 to $2.45 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
FTC Solar, Inc. (FTCI) had a Form 4 filed for director Shaker Sadasivam, who purchased 39,583 shares of common stock on 2026-08-27 at a weighted average price of $2.35 per share, in multiple trades ranging from $2.28 to $2.45 per share. Following this open-market purchase, he directly holds 154,381 shares of FTC Solar common stock. In addition, a limited liability company for which he is Manager holds 301,720 shares reported as indirect ownership; 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 | 39,583 | $2.35 | $93K |
| 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 $2.280 to $2.450. 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
dispositive power financial
disclaims beneficial ownership financial
pecuniary interest financial
indirect ownership financial
FAQ
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What insider transaction did FTCI director Shaker Sadasivam report on this Form 4?
Was the FTCI insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.