Canadian Solar Inc.·4

Jul 6, 9:20 AM ET

Chang Leslie Li Hsien 4

Research Summary

AI-generated summary

Updated

Canadian Solar Director Chang Leslie Li Hsien Exercises 809 RSUs, 4 Withheld

What Happened

  • Chang Leslie Li Hsien, a director of Canadian Solar Inc. (CSIQ), converted/exercised 809 derivative awards (reported as RSU/derivative conversions) into 809 common shares on July 2, 2026. To cover tax withholding, 4 of those shares were surrendered at $15.69 each (total ~$63). The filing shows both the acquisition of 809 shares and the derivative instrument disposition related to that conversion.
  • Net shares received by the insider from this transaction: 805 shares (809 acquired minus 4 withheld). This was a conversion/vesting event (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
  • Entries: M (exercise/conversion of derivative) — 809 shares acquired @ $0.00; F (tax withholding) — 4 shares surrendered @ $15.69 (total $63); an M entry also records disposition/termination of the derivative instrument for 809 shares @ $0.00.
  • Shares owned after transaction: not provided in the supplied data.
  • Footnote: These RSUs have no expiration date (F1).
  • Filing timeliness: no late-file indication provided in the supplied data.

Context

  • This appears to be a routine RSU conversion/vesting event with standard tax withholding rather than a market buy or sell. The $0.00 exercise price indicates conversion of award units into common shares; the small share withholding is a common method to satisfy tax obligations. Such conversions generally do not by themselves signal a change in insider sentiment.