Thurman J. Rodgers - Dec 2, 2025 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role
Director
Signature
/s/ Lisan Hung, Attorney-in-Fact for Thurman John Rodgers
Stock symbol
ENPH
Transactions as of
Dec 2, 2025
Transactions value $
-$4,369,140
Form type
4
Date filed
12/4/2025, 07:05 PM
Previous filing
Sep 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Rodgers Thurman J Director C/O ENPHASE ENERGY, INC., 47281 BAYSIDE PARKWAY, FREMONT /s/ Lisan Hung, Attorney-in-Fact for Thurman John Rodgers 2025-12-04 0001183967

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENPH Common Stock Sale -$4.37M -150K -7.96% $29.13 1.73M Dec 2, 2025 By Trust F1, F2
holding ENPH Common Stock 3.89K Dec 2, 2025 Direct
holding ENPH Common Stock 4.1K Dec 2, 2025 By Trust F3
holding ENPH Common Stock 4.1K Dec 2, 2025 By Trust F4
holding ENPH Common Stock 85.2K Dec 2, 2025 By Charitable Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $28.755 to $29.60. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 These shares are held directly by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the reporting person and his spouse, Valeta Massey, serve as trustees.
F3 These shares are held directly by the Valeta Massey 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
F4 These shares are held directly by the TJ Rodgers 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
F5 These shares are held directly by the Rodgers Family Freedom and Free Markets Charitable Trust, a charitable remainder trust for which the reporting person and his spouse, Valeta Massey, serve as trustees and of which the reporting person and his spouse are beneficiaries. The reporting person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.