Sloan Samantha L. 4
4 · FIRST SOLAR, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) EVP Samantha Sloan Sells Shares After RSU Vesting
What Happened
Samantha L. Sloan, EVP Corporate Affairs at First Solar (FSLR), had 681 restricted stock units (RSUs) convert to common shares on March 6, 2026 (no cash paid). Some of those vested shares were withheld/disposed to cover taxes, and on March 9, 2026 she sold 303 shares in open-market transactions at $190.36 each for total proceeds of about $57,679. The filing also shows a new grant of 1,692 RSUs on March 6, 2026.
Key Details
- Primary dates: RSU conversion/vesting on 2026-03-06; open-market sales on 2026-03-09; Form 4 filed 2026-03-10 (timely).
- Sales: 303 shares sold (106, 61, 62, 74) at $190.36 each = $57,679 total.
- Vesting/conversion: 681 shares created from RSU vesting on 2026-03-06 (entries show $0 acquisition price). Matching $0 disposals indicate shares withheld to satisfy tax obligations.
- Grant: 1,692 RSUs awarded on 2026-03-06 as part of annual executive grant; these RSUs vest 25% per year beginning one year after grant. (Footnote F11)
- Footnotes: RSU vesting schedules and that each RSU equals one share; some shares were sold to satisfy tax withholding (per filing notes).
- Shares owned after transaction: not specified in the provided excerpt.
Context
- The March 6 entries are conversions/vestings of RSUs (derivative-to-common conversions reported as "M"). The subsequent open-market sales on March 9 generated cash proceeds; the $0 disposals reflect tax-withholding or share-for-tax settlements, not cash sales.
- This filing is largely routine compensation-related activity (vesting and related sales) rather than a fresh purchase indicating additional insider bullishness.
Insider Transaction Report
Form 4
Sloan Samantha L.
EVP, Corporate Affairs
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-06+244→ 1,389 total - Exercise/Conversion
Common Stock
[F2]2026-03-06+124→ 1,513 total - Exercise/Conversion
Common Stock
[F3]2026-03-06+142→ 1,655 total - Exercise/Conversion
Common Stock
[F4]2026-03-06+171→ 1,826 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−106$20,178→ 1,720 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−61$11,612→ 1,659 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−62$11,802→ 1,597 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−74$14,087→ 1,523 total - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-06−244→ 0 total→ Common Stock (244 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F8]2026-03-06−124→ 124 total→ Common Stock (124 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F9]2026-03-06−142→ 285 total→ Common Stock (142 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F10]2026-03-06−171→ 516 total→ Common Stock (171 underlying) - Award
Restricted Stock Units
[F6][F11]2026-03-06+1,692→ 1,692 total→ Common Stock (1,692 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 certain associates. 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 25% 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 certain associates. 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 certain associates. The restricted stock units granted on March 6, 2023 vest annually at a rate of 25% 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 certain associates. 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