Form 4: Enphase Energy CFO Mandy Yang Reports Stock Transactions
SEC Form 4 Filing
Mandy Yang, CFO of Enphase Energy, reports the withholding of shares for tax obligations and contributions to grantor retained annuity trusts.
Summary
- Mandy Yang, the EVP and Chief Financial Officer of Enphase Energy, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 10, 2024, 1,317 shares of common stock were withheld to satisfy tax obligations related to vesting restricted stock units at a price of $130.67.
- Yang also reports owning 61,656 shares of common stock directly following the reported transactions.
- Additionally, Yang indirectly owns 25,000 shares through GRAT 1 and 25,000 shares through GRAT 2.
- The balance includes a non-reportable acquisition of 276 shares purchased on May 15, 2024 through the Company's 2011 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Enphase Energy.
Key Dates
| Date | Description |
|---|---|
| February 15, 2022 | Date of restricted stock units grant. |
| May 15, 2024 | Date of non-reportable acquisition of 276 shares through the Company's 2011 Employee Stock Purchase Plan. |
| June 10, 2024 | Date of stock withholding for tax obligations. |
| June 11, 2024 | Date of Form 4 filing. |
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