FIRST SOLAR, INC.·4

Mar 10, 8:53 PM ET

Sloan Samantha L. 4

Research Summary

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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.