Qu Shawn Xiaohua 4

What Happened

• Qu Shawn Xiaohua, identified as a 10% owner of Canadian Solar (CSIQ), converted/ exercised derivative awards into 4,980 common shares on May 26, 2026. The conversion shows a $0.00 exercise price (typical for RSU vesting/conversion). To cover tax withholding, 6 shares were surrendered/withheld valued at $19.45 each (about $117), resulting in a net issuance of 4,974 shares to the insider.

Key Details

• Transaction date: 2026-05-26; Form 4 filed 2026-05-28 (appears timely).
• Primary action: Exercise/conversion of derivative units (code M) — 4,980 shares acquired at $0.00; corresponding derivative entry shows the derivative units were disposed/converted.
• Tax withholding (code F): 6 shares disposed at $19.45 each for ~$117.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs have no expiration date (per filing).
• Filing timeliness: The Form 4 was filed two days after the transaction date, consistent with standard Form 4 timing (not marked late).

Context

• This was not an open‑market purchase or sale; it reflects conversion/vesting of restricted share units (a common compensation/event for insiders), not a market signal of buying or selling intent. For 10% owners, these conversions often reflect compensation or previously granted awards rather than new investment.