Summary by Moomoo AI
Enphase Energy, Inc. President & CEO, Kothandaraman Badrinarayanan, completed a stock grant transaction on January 15, 2024. The transaction involved the acquisition of 33,000 shares of Enphase Energy common stock at no cost. Following the transaction, Badrinarayanan's direct holdings in the company increased to a total of 1,376,950 shares. The grant is part of the company's compensation structure for its executives and is a common practice in the industry to align the interests of the management with those of the shareholders.