Canadian Solar (CSIQ) Lead GC Chen Yu Receives RSU Award

What Happened

• Chen Yu (Kang), Lead General Counsel of Canadian Solar Inc. (CSIQ), was awarded 9,446 restricted stock units (RSUs) on July 9, 2026. The Form 4 records the acquisition price as $0.00 because this is a compensation award/derivative grant, not an open-market purchase.

Key Details

• Transaction date: July 9, 2026 (reported on Form 4 filed July 13, 2026).
• Transaction type/code: Award/Grant (A); 9,446 RSUs acquired at $0.00 (derivative).
• Deemed grant date: May 6, 2026 (per footnote F1).
• Vesting: RSUs vest in three approximately equal annual installments beginning May 6, 2027 (footnote F2).
• Expiration: These RSUs have no expiration date (footnote F3).
• Shares owned after transaction: Not reported on this Form 4.
• Filing timeliness: Filed July 13, 2026; appears timely (filed within SEC reporting window).

Context

• RSUs are compensation awards giving the holder the right to receive shares when they vest; no cash was exchanged and no immediate market transaction occurred. Such grants are standard executive/employee compensation and do not necessarily signal insider buying or selling intent.