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FTC Solar, Inc.·4

May 7, 9:10 AM ET

SADASIVAM SHAKER 4

Research Summary

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FTC Solar (FTCI) Director Sadasivam Shaker Buys 27,025 Shares

What Happened
Sadasivam Shaker, a director of FTC Solar, purchased 27,025 shares (transaction code P) on 2026-05-06 in open‑market transactions. The shares were acquired at a weighted average price of $3.70 per share for a total reported value of $99,993. The filing indicates the purchases occurred in multiple trades at prices ranging from $3.680 to $3.700.

Key Details

  • Transaction date: 2026-05-06 (reported on Form 4 filed 2026-05-07) — timely filing.
  • Price: weighted average $3.70; per‑trade prices ranged $3.680–$3.700.
  • Shares acquired: 27,025; aggregate purchase value: $99,993.
  • Shares owned after transaction: not specified in this Form 4.
  • Footnotes:
    • F1: Weighted average price reflects multiple transactions; Reporting Person can provide per‑trade breakdown on request.
    • F2: The Reporting Person is manager of ChristSivam, LLC and has sole voting and dispositive power over shares held by that LLC; he disclaims beneficial ownership except to the extent of any pecuniary interest.

Context
This was a straight purchase (not an option exercise, award, gift, or sale), which some investors view as a positive signal because insiders are adding shares. The amount is modest (~$100k) and the filing indicates the trades were executed across several prices and reported promptly.