Joseph Malchow - 14 May 2025 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role: Director
Signature: /s/ Lisan Hung, Attorney-in-fact for Joseph Malchow
Issuer symbol: ENPH
Transactions as of: 14 May 2025
Net transactions value: $0
Form type: 4
Filing time: 16 May 2025, 17:56:51 UTC
Previous filing: 17 Jun 2024
Next filing: 13 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Malchow Joseph Ian	Director	C/O ENPHASE ENERGY, 47281 BAYSIDE PARKWAY, FREMONT	/s/ Lisan Hung, Attorney-in-fact for Joseph Malchow	16 May 2025	0001807142

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENPH	Common Stock	Award	$0	+5,179	+8.8%	$0.000000	63,960	14 May 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan"). RSUs vest in four equal quarterly installments from the grant date, such that the total RSUs are fully vested on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan) through each applicable vesting date.

Content

Restricted stock units ("RSUs") issued pursuant to the 2021 Equity Incentive Plan (the "2021 Plan"). RSUs vest in four equal quarterly installments from the grant date, such that the total RSUs are fully vested on the earlier of (i) the one-year anniversary of the date of grant or (ii) the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's Continuous Service (as defined in the 2021 Plan) through each applicable vesting date.