Badrinarayanan Kothandaraman - 06 Aug 2025 Form 4 Insider Report for Enphase Energy, Inc. (ENPH)

Role: President & CEO, Director
Signature: /s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman
Issuer symbol: ENPH
Transactions as of: 06 Aug 2025
Transactions value $: $154,120
Form type: 4
Filing time: 06 Aug 2025, 16:56:28 UTC
Previous filing: 28 Apr 2025
Next filing: 03 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Kothandaraman Badrinarayanan	President & CEO, Director	C/O ENPHASE ENERGY, INC., 47281 BAYSIDE PARKWAY, FREMONT	/s/ Lisan Hung, Attorney-in-Fact for Badri Kothandaraman	06 Aug 2025	0001543777

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ENPH	Common Stock	Purchase	$154K	+5K	+0.31%	$30.82	1.62M	06 Aug 2025	By Trust	F1, F2
holding	ENPH	Common Stock						70.8K	06 Aug 2025	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a weighted average purchase price per share. These shares were purchased in multiple transactions at prices ranging from $30.74 to $30.87. 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 purchased at each separate price within the range.
F2	These shares are held directly by the Trust of which the Reporting Person serves as a trustee.
F3	Balance includes a non-reportable acquisition of 420 shares purchased through the Enphase Erergy, Inc. 2011 Employee Stock Purchase Plan on May 15, 2025.