Canadian Solar Inc.·4

Apr 6, 6:16 PM ET

Chang Leslie Li Hsien 4

Research Summary

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Updated

Canadian Solar (CSIQ) Director Chang Receives RSUs, Exercises Derivatives

What Happened

  • Director Leslie Chang (Chang Leslie Li Hsien) was granted 2,200 restricted stock units (RSUs) and had derivative/option activity recorded on April 2, 2026. The filing shows an acquisition of 2,200 RSUs (grant, code A) at $0.00 and two entries for exercise/conversion of derivatives (code M) involving 770 shares (one acquisition and one disposition) at $0.00. Separately, 4 shares were disposed (code F) as tax withholding at $13.21 per share, totaling $53.

Key Details

  • Transaction date: April 2, 2026; Filing date: April 6, 2026 (appears later than the typical 2-business-day Form 4 deadline).
  • Grants/awards: 2,200 RSUs granted on April 1, processed April 2; RSUs have no expiration date (footnotes).
  • Derivative activity: two M-coded entries for 770 shares at $0.00 (one acquired, one disposed); the filing reports $0 price for those conversions/exercises.
  • Tax withholding: 4 shares disposed at $13.21 each to cover tax liability, totaling ~$53 (code F).
  • Shares owned after transaction: not specified in the provided filing summary.

Context

  • Code A indicates an RSU award; code M indicates exercise or conversion of a derivative (e.g., option or RSU vesting conversion). Code F is routine tax withholding on vesting/convert events. The activity primarily reflects awards and conversion/processing rather than an open-market purchase or sale of significant dollar value.