Templeton Lauren C 4

What Happened

• Lauren C. Templeton, a director of Canadian Solar Inc. (CSIQ), converted/exercised 809 restricted-stock units (reported as derivative exercises) on July 2, 2026. The RSUs converted at $0.00 exercise price. To cover tax withholding, 4 shares were surrendered/disposed at $15.69 each for a total withholding of $63, leaving a net of 805 shares delivered to her.

Key Details

• Transaction date: 2026-07-02; Form 4 filed: 2026-07-06.
• Derivative exercise (code M): 809 shares acquired at $0.00.
• Tax withholding (code F): 4 shares withheld/disposed at $15.69 each = $63.
• Net shares received: 809 − 4 = 805 shares. Implied value based on the $15.69 withholding price ≈ $12,630 (approximate).
• Footnote: These RSUs have no expiration date.
• Shares owned after the transaction: not disclosed in the filing.
• Timeliness: Filed July 6 for a July 2 transaction; this appears to be within the typical two-business-day Form 4 reporting window.

Context

• This was a standard RSU conversion with tax withholding (not an open-market purchase or sale). The derivative (RSU) was converted into common shares; a small number of shares were forfeited to cover taxes. Such conversions are routine for compensation and do not, by themselves, indicate a change in the director’s market view.