Enphase Energy President and CEO Badrinarayanan Kothandaraman filed a Form 4 on November 2, 2026, reporting the purchase of 10,000 shares of Enphase Energy common stock through a trust on that same date.

Key Highlights

  • Shares acquired: 10,000 shares of Enphase Energy common stock purchased on 11/02/2026 via transaction code P (open-market purchase).
  • Weighted average price: $26.7514 per share, with individual transactions ranging from $26.39 to $27.05 per share.
  • Indirect ownership after purchase: 1,655,632 shares beneficially owned indirectly through a trust, of which the reporting person serves as trustee.
  • Direct ownership: 104,987 shares held directly, as reported separately in Table I.
  • Reporting person role: Kothandaraman is identified as both a Director and President and CEO of Enphase Energy, Inc. (NASDAQ:ENPH).
  • Filing signature: The form was signed by Lisan Hung as Attorney-in-Fact for Badri Kothandaraman, dated 11/02/2026.

Kothandaraman's Open-Market Purchase of Enphase Common Stock

According to the filing, Badrinarayanan Kothandaraman, President and CEO and a Director of Enphase Energy, Inc. (NASDAQ:ENPH), acquired 10,000 shares of the company's common stock on November 2, 2026, through an open-market purchase coded "P" under SEC transaction code definitions. The shares were purchased indirectly, held by a trust for which Kothandaraman serves as trustee.

The filing discloses a weighted average purchase price of $26.7514 per share. The filing notes that "these shares were purchased in multiple transactions at prices ranging from $26.39 to $27.05," and states that the reporting person has undertaken to provide full information regarding the number of shares purchased at each separate price within that range, upon request by the issuer, SEC staff, or any security holder.

Following the reported transaction, the filing states that Kothandaraman beneficially owns 1,655,632 shares indirectly through the trust. A separate line in Table I reflects 104,987 shares held directly, reported with a disposal code ("D"), though no transaction date or price is listed for that line, indicating it represents a standing ownership disclosure rather than a new transaction. No derivative securities are reported in Table II.

What Was Disclosed

This Form 4 discloses a purchase of 10,000 shares of Enphase Energy common stock by President and CEO Badrinarayanan Kothandaraman on November 2, 2026, at a weighted average price of $26.7514 per share, held indirectly through a trust.