Enphase Energy, Inc.·4

Mar 17, 6:00 PM ET

Rodgers Thurman J 4

Research Summary

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Enphase (ENPH) Director Thurman J. Rodgers Sells 137,250 Shares

What Happened
Thurman J. Rodgers, a director of Enphase Energy, sold 137,250 shares in an open-market transaction on March 13, 2026. The weighted-average sale price was $43.61 per share, generating proceeds of approximately $5,985,925. The Form 4 was filed on March 17, 2026.

Key Details

  • Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (timely filing).
  • Transaction type/code: Sale (S), open market.
  • Shares sold: 137,250; weighted-average price: $43.61; total proceeds: ~$5,985,925.
  • Price range reported: $43.50 to $43.935 (reporting person will provide per-share breakdown on request) (Footnote F1).
  • Shares sold were held in various trusts (Rodgers Massey Revocable Living Trust; Valeta Massey 2012 Irrevocable Trust; TJ Rodgers 2012 Irrevocable Trust; Rodgers Family Freedom and Free Markets Charitable Trust) with trustee/beneficiary and beneficial ownership details noted in footnotes (F2–F5).
  • Shares owned after the transaction are not stated in the provided filing excerpt.

Context
This filing documents a straightforward open-market sale by a company director. The footnotes indicate the shares came from trusts for which Rodgers and/or his spouse serve as trustees; one charitable trust includes a disclaimer of beneficial ownership except for pecuniary interest. No option exercises, 10b5‑1 plan, or late-filing flags were indicated in the provided information.