Carroll Anthony 4

What Happened Carroll Anthony, CEO of FTC Solar, was granted a total of 600,000 restricted stock units (RSUs) on May 4, 2026, reported on a Form 4 filed May 6, 2026. The filing shows two award entries at $0.00 per share: 400,000 time-based RSUs and 200,000 performance-based RSUs. These are awards (not open-market purchases or sales) and do not represent immediate cash purchases or sales.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (filed timely within the SEC two-business-day window).
• Grants: 400,000 time-based RSUs + 200,000 performance-based RSUs = 600,000 RSUs; reported acquisition price $0.00 (typical for RSU awards).
• Shares owned after transaction: Not disclosed in this filing.
• Plan/authority: Awards made under the Issuer's 2021 Stock Incentive Plan and an employment agreement.
• Footnotes:
  • Time-based RSUs (400,000): 200,000 vest over three years (≈33.33% after 1 year, then monthly vesting for the remaining period) and 200,000 vest over four years (25% after 1 year, then monthly vesting thereafter).
  • Performance RSUs (200,000): Vest in whole or in part only if FTCI stock reaches $10 and/or $20 during the three-year performance period and the recipient remains employed on the achievement date.
• No indication of tax withholding, 10b5-1 plan, or cashless exercise in this filing.

Context RSU grants are a common form of executive compensation and do not involve immediate market transactions; value is realized only as RSUs vest and are converted to shares (or settled in cash if applicable). Performance-based RSUs depend on stock-price milestones and continued employment, so their ultimate payout is contingent on future events. These awards should be viewed as part of Anthony’s compensation package rather than an independent buy/sell signal.