FIRST SOLAR, INC.·4

Mar 10, 8:52 PM ET

Stockdale Caroline 4

Research Summary

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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.