FTC Solar grants director 48,889 stock units

Q: How many FTCI restricted stock units did Shaker Sadasivam receive?

Shaker Sadasivam, a director of FTC Solar, received 48,889 restricted stock units on October 22, 2026. They were fully vested on the grant date and issued in lieu of cash consideration otherwise payable for board service.

Q: How many FTCI shares did Shaker Sadasivam hold after the grant?

Following the grant, Shaker Sadasivam reported 304,353 shares held directly. He also reported 301,720 shares held by ChristSivam, LLC, over which he has sole voting and dispositive power, while disclaiming beneficial ownership except to the extent of any pecuniary interest.

The 48,889-unit grant was fully vested on its grant date and was issued in lieu of cash consideration for board service.

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Rhea-AI Filing Summary

FTC Solar, Inc. director Shaker Sadasivam received 48,889 fully vested restricted stock units on October 22, 2026, under the company's 2021 Stock Incentive Plan. The award was in lieu of cash consideration otherwise payable for board service. His direct common-stock holdings following the grant were 304,353 shares. He also reported 301,720 shares held by ChristSivam, LLC, over which he has sole voting and dispositive power; he disclaims beneficial ownership except to the extent of any pecuniary interest.

Insider Trade Summary

Grant/Award: 48,889 shares

Grant/Award 2 txns

Insider SADASIVAM SHAKER

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^F1	48,889	$0.00	$0.00
holding	Common Stock ^F2	--	--	--

Holdings After Transaction: Common Stock — 304,353 shares (Direct); Common Stock — 301,720 shares (Indirect, By limited liability company)

Footnotes (2)

F1. Reflects a grant of restricted stock units pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of cash consideration otherwise payable for the Reporting Person's service on the Issuer's board of directors and is fully vested on the date of grant.
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

Restricted stock units granted: 48,889 restricted stock units Direct common-stock holdings: 304,353 shares Shares held by ChristSivam, LLC: 301,720 shares

3 metrics

Restricted stock units granted 48,889 restricted stock units Granted October 22, 2026; fully vested on the grant date

Direct common-stock holdings 304,353 shares Following the grant

Shares held by ChristSivam, LLC 301,720 shares Indirect holdings reported by Shaker Sadasivam

Key Terms

restricted stock units, fully vested, sole voting and dispositive power, pecuniary interest

4 terms

restricted stock units financial

"a grant of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

fully vested financial

"is fully vested on the date of grant"

sole voting and dispositive power regulatory

"has sole voting and dispositive power"

pecuniary interest regulatory

"except to the extent of his pecuniary interest therein"

FAQ

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How many FTCI restricted stock units did Shaker Sadasivam receive?

Shaker Sadasivam, a director of FTC Solar, received 48,889 restricted stock units on October 22, 2026. They were fully vested on the grant date and issued in lieu of cash consideration otherwise payable for board service.

How many FTCI shares did Shaker Sadasivam hold after the grant?

Following the grant, Shaker Sadasivam reported 304,353 shares held directly. He also reported 301,720 shares held by ChristSivam, LLC, over which he has sole voting and dispositive power, while disclaiming beneficial ownership except to the extent of any pecuniary interest.

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

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Available on EDGAR 10/23/2026 - 06:30 PM EDT Accepted by SEC EDGAR 10/23/2026 - 06:30 PM EDT

SEC Form 4

FORM 4

UNITED 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/22/2026		A		48,889⁽¹⁾	A	$0	304,353	D
Common Stock								301,720	I	By 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects a grant of restricted stock units pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of cash consideration otherwise payable for the Reporting Person's service on the Issuer's board of directors and is fully vested on the date of grant.

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-Fact	10/23/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR