Brief-Ftc Solar Appoints Anthony Carroll To Board Of Directors

FTC Solar Inc. (FTCI) filed a Form 8K - Director, Officer or Compensation Filing - with the U.S Securities and Exchange Commission on December 15, 2025.

Effective as of December 15, 2025, the Board of Directors (the "Board") of FTC Solar, Inc. (the "Company") appointed Anthony Carroll as an independent director of the Company. Mr. Carroll will serve as a Class II director with a term expiring at the 2026 annual meeting of the stockholders of the Company.

In connection with the appointment, Mr. Carroll will enter into an indemnification agreement with the Company in substantially the same form as the Company has entered into with its other directors.

There is no arrangement or understanding between Mr. Carroll and the Company or any other person pursuant to which he was elected as a director. As of the date of the appointment, Mr. Carroll has not entered into or proposed to enter into any transactions required to be reported under Item 404(a) of Regulation S-K.

In connection with his appointment as a director, Mr. Carroll and the Company entered into a letter agreement reflecting the terms of his appointment, including the cash and equity compensation payable to Mr. Carroll (the "Director Letter"). Pursuant to the Director Letter, Mr. Carroll will receive standard annual Board compensation for a non-employee director, including (i) an annual cash retainer equal to $50,000, which will be prorated for 2025, and (ii) a grant of 13,567 restricted stock units ("RSUs") that will vest on each of the first three anniversaries of the date of grant, subject to Mr. Carroll's continued service on the Board through and including the applicable vesting date. Mr. Carroll will also be entitled to participate in such further RSU grants and other compensation payable to the Company's independent directors as may be approved from time to time by the Board and the Compensation Committee.

The foregoing description of the Director Letter does not purport to describe all of the terms of such agreement and is qualified in its entirety by reference to the Director Letter, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

A copy of the Company's press release dated December 15, 2025 announcing the appointment of Mr. Carroll is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The full text of this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/1828161/000119312525318530/ftci-20251215.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: https://www.sec.gov/Archives/edgar/data/1828161/000119312525318530/0001193125-25-318530-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.