Rodgers Thurman J 4
4 · Enphase Energy, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-13$43.61/sh−137,250$5,985,925→ 1,597,641 total(indirect: By Trust)
- 2,590
Common Stock
- 4,100(indirect: By Trust)
Common Stock
[F3] - 4,100(indirect: By Trust)
Common Stock
[F4] - 85,200(indirect: By Trust)
Common Stock
[F5]
Footnotes (5)
- [F1]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $43.50 to $43.935. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]These shares are held directly by the Rodgers Massey Revocable Living Trust dtd 4/4/11 for which the reporting person and his spouse, Valeta Massey, serve as trustees.
- [F3]These shares are held directly by the Valeta Massey 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
- [F4]These shares are held directly by the TJ Rodgers 2012 Irrevocable Trust, for which the Reporting Person's spouse serves as trustee.
- [F5]These shares are held directly by the Rodgers Family Freedom and Free Markets Charitable Trust, a charitable remainder trust for which the reporting person and his spouse, Valeta Massey, serve as trustees and of which the reporting person and his spouse are beneficiaries. The reporting person disclaims beneficial ownership except to the extent of his and his spouse's pecuniary interest therein.