Zhu Xinbo 4

What Happened

• Zhu Xinbo, CFO of Canadian Solar (CSIQ), converted/exercised 2,490 restricted stock units (reported as derivative exercise) into common shares on May 26, 2026. The conversion shows an acquisition price of $0.00 (typical for RSU vesting).
• To cover tax withholding, 6 shares were disposed/transferred at $19.45 each for a total withholding of $117. Using the $19.45 per-share figure, the 2,490 shares imply an approximate market value of ~$48.4k on the transaction date.
• This is effectively receiving an equity award (vesting/conversion) rather than an open-market purchase or a sale of shares; the small share disposal was routine tax withholding.

Key Details

• Transaction date: May 26, 2026. Form filed with the SEC on May 28, 2026.
• Actions reported: M = exercise/conversion of derivative (2,490 shares acquired at $0.00); F = tax withholding (6 shares disposed at $19.45, $117).
• Shares owned after the transaction: not specified in this filing.
• Footnote: F1 notes these RSUs have no expiration date.
• Filing timeliness: filed May 28, 2026 covering the May 26 transaction (no late-filing flag noted in the summary provided).

Context

• For retail investors: this looks like routine vesting of RSUs with a small withholding of shares to meet tax obligations — not an insider selling stock to raise cash or signal a change in view. Derivative/option-code M here represents conversion/vesting of equity awards; F denotes shares withheld for taxes.