Templeton Lauren C 4

What Happened

• Lauren C. Templeton, a director of Canadian Solar Inc. (CSIQ), received a grant of 2,200 restricted stock units (RSUs) processed April 2, 2026. The filing also reports exercise/conversion events involving 770 derivative shares and a tax withholding of 4 shares (4 x $13.21 = $53).
• The filing records both an acquisition (770 shares at $0.00) and a disposition (770 shares at $0.00) on April 2, 2026, along with the 4-share disposition to cover taxes. All RSUs are shown with $0.00 per-share exercise price in the report.

Key Details

• Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (timely).
• Grants: 2,200 RSUs granted April 1, 2026 and processed Apr 2 (no expiration date — Footnotes F1/F2).
• Derivative activity: 770 shares reported as exercised/converted (M) and 770 shares reported disposed (M), both at $0.00 per share on Apr 2, 2026.
• Tax withholding: 4 shares disposed at $13.21 each to cover tax liability (F) — total $53.
• Shares owned after the transactions: not specified in the provided filing details.

Context

• A = grant/award (here, RSUs); M = exercise/conversion of a derivative instrument; F = shares withheld/used to satisfy tax withholding.
• The simultaneous acquisition and disposition of 770 shares at $0.00 likely reflect conversion/settlement mechanics rather than a standard open-market sale; the filing does not show a cash sale price for those shares.
• This filing appears routine for director compensation (award of RSUs and derivative settlement) and was filed within the normal SEC timeliness window.