FTC Solar director buys 33K shares at $2.19
FTC Solar, Inc. (FTCI) director Shaker Sadasivam reported purchasing 33,290 shares of common stock on August 26, 2026 at a weighted average price of $2.19 per share, in multiple trades between $2.13 and $2.29.
Sentiment and the balance of points
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Rhea-AI Filing Summary
FTC Solar, Inc. (FTCI) director Shaker Sadasivam reported purchasing 33,290 shares of common stock on August 26, 2026 at a weighted average price of $2.19 per share, in multiple trades between $2.13 and $2.29. Following this open-market purchase, he directly holds 114,798 shares of FTC Solar common stock.
In addition, Sadasivam is reported as having sole voting and dispositive power over 301,710 shares held indirectly through ChristSivam, LLC, while disclaiming beneficial ownership of those securities except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 33,290 | $2.19 | $73K |
| 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 $2.130 to $2.290. 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
disclaims beneficial ownership regulatory
pecuniary interest financial
voting and dispositive power regulatory
Section 16 regulatory
FAQ
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What insider transaction did FTCI director Shaker Sadasivam report?
What indirect FTCI holdings are reported for Shaker Sadasivam?
Were Shaker Sadasivam’s FTCI trades made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.