Widmar Mark R 4

What Happened

• Mark R. Widmar, CEO of First Solar (FSLR), had multiple restricted stock units (RSUs) convert to common stock on March 6, 2026 (several conversions at $0). Following the vesting/conversion, Widmar sold 5,537 shares in open-market trades on March 9, 2026 at $190.36 per share, generating total proceeds of about $1,054,024.
• The filing also shows a grant of 12,685 RSUs on March 6, 2026 (new award that vests over future anniversaries). Several prior RSU grants vested (conversions reflected as $0 transactions). The filing notes some shares were sold by the issuer to satisfy tax withholding related to the vesting.

Key Details

• Transaction dates & prices:
  • March 6, 2026: multiple conversions/exercises of derivative securities (RSUs) into common stock (recorded at $0).
  • March 9, 2026: open-market sales of 2,072; 480; 1,282; and 1,703 shares at $190.36 each (total 5,537 shares; proceeds ≈ $1,054,024).
• Shares owned after transaction: not specified in the excerpt provided in this summary.
• Notable footnotes: vesting/issuance tied to RSU grants from 2021–2025 (F1–F4, F7–F10); F5 indicates some shares were sold by the issuer to satisfy tax withholding; F11 documents the March 6, 2026 RSU grant that vests 25% annually.
• Filing timeliness: Report filed March 10, 2026 for transactions on March 6 and March 9, 2026 — appears to be timely (no late filing indicated).

Context

• The March 6 entries are conversions of RSUs (derivative securities) into shares at no exercise price (common for RSU vesting). Some vested shares were issued and some were used/sold to cover tax withholding, per the filing.
• The March 9 open-market sales realized cash proceeds; the filing does not state Widmar’s motivations (e.g., tax, diversification, liquidity).