Stockdale Caroline 4
4 · FIRST SOLAR, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) Chief People & Communications Officer Caroline Stockdale Sells Shares
What Happened Caroline Stockdale, First Solar’s Chief People and Communications Officer, had restricted stock units (RSUs) vest and/or were converted on March 6, 2026 and then sold a portion in the open market on March 9, 2026. Stockdale acquired a total of 4,339 shares from exercises/conversions and a grant (2,436 shares from conversions/exercises + 1,903 shares granted). She disposed of 1,041 shares in open-market sales at $190.36 each, generating proceeds of $198,164. These sales appear to be related to vesting/tax-withholding rather than a standalone purchase decision.
Key Details
- Transaction dates: RSU exercises/conversions and grant on 2026-03-06; open-market sales on 2026-03-09 (sales priced at $190.36/share).
- Sales: 417, 102, 293, and 229-share lots (total 1,041 shares) sold for a combined $198,164.
- Acquisitions: 977, 236, 537, and 686-share conversions (total 2,436) plus a 1,903-share grant = 4,339 shares acquired.
- Net effect: +3,298 shares (acquired 4,339 − sold 1,041). The filing does not report total shares owned after these transactions in the provided data.
- Notable footnotes: vesting schedules and grant details for RSUs from 2021–2026 (F1–F4, F7–F11); each RSU converts to one share (F6); some shares were sold to satisfy tax-withholding upon vesting (F5).
- Filing timeliness: No indication in the provided data that the filing was late.
Context
- These transactions reflect RSU vesting/grant activity and subsequent sales (commonly used to satisfy tax withholding). The M-coded entries are exercises/conversions of derivatives (RSUs) into common stock; the A-coded entry is a new RSU grant. Selling vested shares to cover taxes or withholding is routine and does not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Stockdale Caroline
Chief People and Comm. Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-06+977→ 33,177 total - Exercise/Conversion
Common Stock
[F2]2026-03-06+236→ 33,413 total - Exercise/Conversion
Common Stock
[F3]2026-03-06+537→ 33,950 total - Exercise/Conversion
Common Stock
[F4]2026-03-06+686→ 34,636 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−417$79,380→ 34,219 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−102$19,417→ 34,117 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−293$55,775→ 33,824 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−229$43,592→ 33,595 total - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-06−977→ 0 total→ Common Stock (977 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F8]2026-03-06−236→ 470 total→ Common Stock (236 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F9]2026-03-06−537→ 1,074 total→ Common Stock (537 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F10]2026-03-06−686→ 2,060 total→ Common Stock (686 underlying) - Award
Restricted Stock Units
[F6][F11]2026-03-06+1,903→ 1,903 total→ Common Stock (1,903 underlying)
Footnotes (11)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
- [F10]The restricted stock units were granted on March 6, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F11]The restricted stock units were granted on March 6, 2026 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2026 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F2]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2023.
- [F3]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2024.
- [F4]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2025.
- [F5]Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F6]Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
- [F7]The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F8]The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2023 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F9]The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
Signature
/s/ Jason E. Dymbort, attorney-in-fact|2026-03-10