Zhu Xinbo 4

What Happened
Zhu Xinbo, Chief Financial Officer of Canadian Solar Inc. (CSIQ), received an award of 12,594 restricted stock units (RSUs) reported on a Form 4 dated July 13, 2026 for a transaction effected July 9, 2026. The RSUs were reported at $0.00 per share (award/grant), so no cash changed hands at reporting; the filing does not state a current dollar value of the grant. This is a compensation award (derivative/RSU), not an open-market purchase or sale.

Key Details

• Transaction date: July 9, 2026 (reported on Form 4 filed July 13, 2026). Filing appears timely.
• Transaction type/code: Grant/Award (derivative RSUs) — 12,594 RSUs at $0.00.
• Deemed grant date: May 6, 2026 (per footnote — the award’s applicable terms use this date).
• Vesting: RSUs vest in three approximately equal annual installments beginning May 6, 2027.
• Expiration: These RSUs have no expiration date.
• Shares owned after transaction: not specified in the excerpt of the filing provided.
• Notes: The transaction was effected after the company’s internal approval process; this is a standard compensation award, not a market trade.

Context: RSUs are a form of deferred compensation — they represent the right to receive company shares (or their cash equivalent) if and when they vest. Because vesting is spread over future dates, this award does not represent an immediate change in outstanding common shares held and is not the same as an open-market purchase or sale.