Wong Andrew Luen Cheung 4
Research Summary
AI-generated summary
Canadian Solar Director Andrew Wong Converts 809 RSUs to Shares
What Happened
- Andrew Luen Cheung Wong, a director of Canadian Solar Inc. (CSIQ), had 809 restricted stock units/derivatives converted into 809 common shares on July 2, 2026 (transaction code M). Four shares were surrendered to cover tax withholding at $15.69 each, totaling $63 (transaction code F). The filing also records a derivative disposition entry for 809 shares (reported at $0.00), which reflects the conversion/settlement mechanics reported on the Form 4.
- Net of the tax withholding, the record shows 805 shares were retained by the insider (809 acquired − 4 withheld).
Key Details
- Transaction date: 2026-07-02; Form 4 filed: 2026-07-06 (filed within the normal two-business-day window).
- Reported prices/values: 809 shares reported at $0.00 on conversion; 4 shares withheld at $15.69 each = $63 withheld for taxes.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnote: F1 — these RSUs have no expiration date.
- Codes: M = exercise/conversion of derivative (conversion of RSUs/options); F = shares surrendered to cover exercise price or tax withholding.
Context
- This was a conversion/settlement of equity awards (not an open‑market purchase or sale). The small share surrender (4 shares) was for tax withholding — a routine administrative step that does not necessarily indicate a view on the company’s stock.