Key facts
- This page summarizes David Springer's Form 4 filing for FTC Solar, Inc. (FTCI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 20 Jul 2023, 17:35.
David Springer - 18 Jul 2023 Form 4 Insider Report for FTC Solar, Inc. (FTCI)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- FTCI
- Reported as of
- 18 Jul 2023
- Net transaction value
- -$672,000
- SEC form
- 4
- Accepted by SEC
- 20 Jul 2023, 17:35:01 UTC
- Prior SEC filing
- 10 Jul 2023
- Next SEC filing
- 10 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jacob D. Wolf, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David Springer filed Form 4 for FTC Solar, Inc. (FTCI) on 20 Jul 2023.
Change
- Previous filing in this sequence was filed on 10 Jul 2023.
- Current net transaction value: -$672,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FTCI
transaction
Common Stock
Sale
- Transaction value
- $330,000
- Shares
- -100,000
- Change %
- -1.4%
- Price
- $3.30
- Shares after
- 7,102,674
- Date
- 18 Jul 2023
- Ownership
- Direct
- Footnotes
- F1, F2
FTCI
transaction
Common Stock
Sale
- Transaction value
- $342,000
- Shares
- -100,000
- Change %
- -1.4%
- Price
- $3.42
- Shares after
- 7,002,674
- Date
- 19 Jul 2023
- Ownership
- Direct
- Footnotes
- F1, F3
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 336,153
- Date
- 18 Jul 2023
- Ownership
- By Trust
- Footnotes
- F4
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 336,154
- Date
- 18 Jul 2023
- Ownership
- By Trust
- Footnotes
- F5
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 336,153
- Date
- 18 Jul 2023
- Ownership
- By Trust
- Footnotes
- F6
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,200,000
- Date
- 18 Jul 2023
- Ownership
- By Trust
- Footnotes
- F7
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 329,866
- Date
- 18 Jul 2023
- Ownership
- By Trust
- Footnotes
- F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 8 footnotes
Footnote F1
Reflects a sale pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2023.
Footnote F2
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.00 to $3.045. 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.
Footnote F3
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $3.02 to $3.22. 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.
Footnote F4
These shares are owned directly by the ZS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the ZS 2021 Trust. 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.
Footnote F5
These shares are owned directly by the NS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the NS 2021 Trust. 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.
Footnote F6
These shares are owned directly by the AS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the AS 2021 Trust. 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.
Footnote F7
These shares are owned directly by the DS 2022 GRAT for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee, (b) has sole voting and dispositive power with respect to the shares held by the trust and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the DS 2022 GRAT. 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
Footnote F8
These shares are owned directly by the KC 2021 Trust for the benefit of the Reporting Person's fiancee. 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.