David Springer - 18 Nov 2025 Form 4 Insider Report for FTC Solar, Inc. (FTCI)

Role
Director
Signature
/s/ Cathy Behnen, as Attorney-in-Fact
Issuer symbol
FTCI
Transactions as of
18 Nov 2025
Net transactions value
-$898,000
Form type
4
Filing time
20 Nov 2025, 18:00:03 UTC
Previous filing
16 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Springer David Director 10900 STONELAKE BLVD., SUITE 100 QUARRY OAKS II BUILDING, AUSTIN /s/ Cathy Behnen, as Attorney-in-Fact 20 Nov 2025 0001684056

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FTCI Common Stock Sale $898,000 -100,000 -13% $8.98 689,222 18 Nov 2025 Direct F1, F2
holding FTCI Common Stock 33,616 18 Nov 2025 By Trust F3
holding FTCI Common Stock 33,616 18 Nov 2025 By Trust F4
holding FTCI Common Stock 33,616 18 Nov 2025 By Trust F5
holding FTCI Common Stock 49,136 18 Nov 2025 By Trust F6
holding FTCI Common Stock 32,987 18 Nov 2025 By Trust F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects sales pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2023.
F2 Represents a weighted average sales price per share for these shares, which were sold in multiple transactions at prices ranging from $8.80 to $9.50. The Reporting Person undertakes to provide to the Issuer, 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.
F3 These shares are owned directly by the ZS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the ZS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
F4 These shares are owned directly by the NS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the NS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
F5 These shares are owned directly by the AS 2021 Trust for the benefit of the Reporting Person's child. The Reporting Person has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the AS 2021 Trust. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
F6 These shares are owned directly by the DS 2022 GRAT for the benefit of the Reporting Person. The Reporting Person (a) is the sole trustee, (b) has sole voting and dispositive power with respect to the shares held by the trust and (c) has sole power to acquire for himself any asset held in the trust, including the shares, by substituting other property of equivalent value of the DS 2022 GRAT. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.
F7 These shares are owned directly by the KC 2021 Trust for the benefit of the Reporting Person's fiancee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such securities for Section 16 or any other purpose.