FTC Solar (NASDAQ: FTCI) COO awarded 25,000 performance stock units with price hurdles

Rhea-AI Filing Summary

FTC Solar, Inc. filed a Form 4 showing an equity award to its Chief Operating Officer, Aminpour Sasan. On January 15, 2026, he received a grant of 25,000 Performance Stock Units (PSUs) under the company’s 2021 Stock Incentive Plan at an exercise price of $0. After this grant, he directly holds 150,000 derivative securities tied to the company’s common stock.

The PSUs are designed to reward both performance and continued service. They vest in three annual tranches starting on October 26, 2026, but each tranche will only vest if the company’s common stock reaches a specified per-share price threshold and the executive meets a service requirement.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Aminpour Sasan

(Last) (First) (Middle)

10900 STONELAKE BLVD.

SUITE 100 QUARRY OAKS II BUILDING

(Street)

AUSTIN TX 78759

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FTC Solar, Inc. [ FTCI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Unit	(1)	01/15/2026		A		25,000		(2)	10/20/2028	Common Stock	25,000	$0	150,000	D

Explanation of Responses:

1. Represents a grant of Performance Stock Units ("PSUs") pursuant to the Issuer's 2021 Stock Incentive Plan.

2. These PSUs vest in 3 annual tranches starting on October 26, 2026, 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.

	/s/ Cathy Behnen, as Attorney-in-Fact	01/20/2026
	** 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.

FAQ

What insider transaction did FTCI report for Aminpour Sasan?

The filing reports that Aminpour Sasan, Chief Operating Officer of FTC Solar, Inc. (FTCI), received a grant of 25,000 Performance Stock Units on January 15, 2026 under the company’s 2021 Stock Incentive Plan.

What type of security was granted in this FTCI Form 4?

The security is a Performance Stock Unit (PSU), a derivative security that entitles the holder to receive shares of FTC Solar common stock if specified performance and service conditions are met.

How many FTCI PSUs does the COO hold after this grant?

Following the reported transaction, the Form 4 shows that the COO beneficially owns 150,000 derivative securities related to FTC Solar’s common stock.

When do the granted FTCI Performance Stock Units start vesting?

The PSUs vest in three annual tranches starting on October 26, 2026, subject to performance and service conditions.

What performance conditions apply to the FTCI PSUs granted to the COO?

Each PSU tranche vests only if FTC Solar’s common stock achieves a specified per share price threshold and the reporting person satisfies a service condition.

Is the FTCI COO’s PSU grant a direct or indirect holding?

The Form 4 identifies the ownership of these derivative securities as Direct (D) beneficial ownership by the reporting person.