Kothandaraman Badrinarayanan 4

What Happened

• Kothandaraman Badrinarayanan, President & CEO and Director of Enphase Energy (ENPH), acquired a total of 5,000 shares in open-market purchases on February 5, 2026.
• Transactions: 750 shares at a weighted-average price of $51.06 (≈ $38,298) and 4,250 shares at a weighted-average price of $52.14 (≈ $221,586), for a combined cash outlay of about $259,884. These were purchases (insider buy).

Key Details

• Date: 2026-02-05 (reported same day; filing appears timely).
• Prices: 750 shares at $51.06 (prices in that block ranged $50.72–$51.52; F1) and 4,250 shares at $52.14 (prices in that block ranged $51.99–$52.21; F3).
• Total shares acquired: 5,000; total value ≈ $259,884.
• Holdings after transaction: Not specified in the provided filing summary.
• Footnotes: F1/F3 indicate the reported prices are weighted averages from multiple trades and the filer can provide exact per-trade prices on request. F2 notes some shares are held directly by a Trust of which the reporting person is trustee.
• Transaction code: P = Purchase (open market or private purchase).

Context

• These were straightforward open-market purchases over multiple trades (hence weighted-average prices). No options exercised, awards, or gifts are involved in this filing.
• Insider buys are often watched by investors as a positive signal, but they do not guarantee future performance. This filing is informational and reports the insider’s acquisitions.