Chang Leslie Li Hsien 4
Research Summary
AI-generated summary
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.