Erginsoy Mary 4

What Happened

• Mary Erginsoy, Vice President and Chief Accounting Officer of Enphase Energy (ENPH), was granted 10,560 shares on 2026-01-22 as the result of a certified performance-based stock unit award. The shares were reported as acquired at $0.00 (value $0) and are scheduled to vest on March 1, 2026, subject to her continued service.

Key Details

• Transaction date and type: 2026-01-22 — Award/Grant (code A), 10,560 shares @ $0.00 (acquisition reported).
• Vesting: These shares were earned under a performance-based stock unit originally granted on January 14, 2025 and certified by the Compensation Committee on January 22, 2026; scheduled to vest March 1, 2026, subject to continuous service.
• Holdings notes: Filing footnotes state 420 shares were purchased via the company ESPP on May 15, 2025 (non-reportable acquisition) and additional shares are held in the Erginsoy Family Trust (she is a trustee). The filing does not list a consolidated "shares owned after transaction" total in the supplied details.
• Filing timeliness: Transaction reported on Form 4 filed 2026-01-23 for a 2026-01-22 transaction (appears timely).

Context

• This was a compensation award (performance-based RSU conversion), not an open-market purchase or sale. Such awards reflect achievement of preset performance criteria and vesting/service conditions; they are routine components of executive pay and do not by themselves indicate insider buying or selling sentiment.