Zhu Xinbo 4

What Happened

• Zhu Xinbo, CFO of Canadian Solar Inc. (CSIQ), converted/exercised 3,054 restricted stock units (RSUs) into 3,054 common shares on 2026-05-21. The reported exercise/conversion price was $0.00 (typical for RSU vesting). As tax withholding, 3 shares were surrendered at $16.34 each (~$49), leaving a net delivery of 3,051 shares to Zhu.

Key Details

• Transaction date: 2026-05-21.
• Primary actions: Exercise/conversion of 3,054 RSUs (code M); tax withholding/settlement of 3 shares (code F) at $16.34 each (~$49).
• Reported prices/values: exercise price $0.00; tax withholding value ~$49.
• Footnote: These are RSUs with no expiration date (F1).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: no late-filing indication in the provided data.

Context

• This was not an open-market purchase or sale for cash; it reflects RSU vesting/conversion into common stock with a small share withholding to cover taxes (a routine administrative step, not a market sale).
• For retail investors, such conversions typically increase insider shareholdings (net +3,051 shares here) and are generally considered routine compensation-related transactions rather than directional investment bets.