Tamara Mullings - 20 Mar 2024 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role
Director
Signature
/s/ Jacob D. Wolf, as Attorney-in-Fact
Issuer symbol
FTCI
Transactions as of
20 Mar 2024
Net transactions value
-$13,993
Form type
4
Filing time
22 Mar 2024, 18:00:09 UTC
Previous filing
14 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTCI Common Stock Sale $13,993 -25,442 -10% $0.5500 229,087 20 Mar 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the owner of the shares.