Key facts
- This page summarizes Patrick Cook's Form 4 filing for FTC Solar, Inc. (FTCI).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 22 Mar 2024, 18:00.
Patrick Cook - 20 Mar 2024 Form 4 Insider Report for FTC Solar, Inc. (FTCI)
- Reporting relationship
- Chief Commercial Officer
- Issuer ticker
- FTCI
- Reported as of
- 20 Mar 2024
- Net transaction value
- -$39,263
- SEC form
- 4
- Accepted by SEC
- 22 Mar 2024, 18:00:14 UTC
- Prior SEC filing
- 14 Dec 2023
- 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.
4 source fields
Reporting owner
1 detail
Key filing fact
Patrick Cook filed Form 4 for FTC Solar, Inc. (FTCI) on 22 Mar 2024.
Change
- Previous filing in this sequence was filed on 14 Dec 2023.
- Current net transaction value: -$39,263.
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
- $25,923
- Shares
- -48,911
- Change %
- -3.8%
- Price
- $0.5300
- Shares after
- 1,245,205
- Date
- 20 Mar 2024
- Ownership
- Direct
- Footnotes
- F1, F2
FTCI
transaction
Common Stock
Sale
- Transaction value
- $13,340
- Shares
- -23,000
- Change %
- -1.8%
- Price
- $0.5800
- Shares after
- 1,222,205
- Date
- 21 Mar 2024
- Ownership
- Direct
- Footnotes
- F3, F4
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 94,295
- Date
- 20 Mar 2024
- Ownership
- By Trust
- Footnotes
- F5
FTCI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 94,295
- Date
- 20 Mar 2024
- Ownership
- By Trust
- Footnotes
- F6
* 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 6 footnotes
Footnote F1
Reflects a sale (i) pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and (ii) in order to satisfy tax obligations of the Reporting Person that became payable due to the vesting and settlement of certain restricted stock units.
Footnote F2
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $.527 to $.555. 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
This sale was not undertaken pursuant to a Rule 10b5-1 trading plan.
Footnote F4
Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $.58 to $.593. 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 F5
Patrick Cook 2021 Trust: These shares are owned directly by the Patrick Cook 2021 Trust for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee of the trust and (b) has sole voting and dispositive power with respect to the shares held by the trust. The Reporting Person's spouse has sole power to acquire for herself any assets held in the trust, including the shares, by substituting other property of equivalent value. 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
Cook 2021 Family Trust: These shares are owned directly by the Cook 2021 Family Trust for the benefit of the Reporting Person's children. The Reporting Person (a) is the sole investment adviser of the trust, (b) has sole power to direct the trustee as to the voting and disposition of 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. 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.