FIRST SOLAR, INC.·4

Mar 10, 8:56 PM ET

Gloeckler Markus 4

Research Summary

AI-generated summary

Updated

First Solar (FSLR) CTO Markus Gloeckler Sells Shares

What Happened
Markus Gloeckler, Chief Technology Officer of First Solar (FSLR), had multiple restricted stock units (RSUs) vest on March 6, 2026 and received a new RSU award the same day. The vesting/conversion resulted in 3,150 shares issued (conversion/exercise entries at $0). On March 9, 2026 he disposed of 1,325 shares in sales at $190.36 per share, generating total reported proceeds of $252,227. The filing also shows a grant of 3,066 RSUs on March 6, 2026 (no immediate cash value).

Key Details

  • Transaction dates: March 6, 2026 (RSU vesting/conversion and new grant); March 9, 2026 (sales). Filing date: March 10, 2026 (timely).
  • Sales: 320, 199, 358 and 448 shares sold on Mar 9, 2026 at $190.36 each — total 1,325 shares for $252,227.
  • Acquisitions/conversions: 760 + 471 + 852 + 1,067 = 3,150 shares issued on Mar 6, 2026 (reported as exercise/conversion of derivatives at $0).
  • Grant: 3,066 RSUs granted on Mar 6, 2026 (no cash paid).
  • Footnotes: vesting represents issuance of common stock from prior RSU grants (F1–F4, F6). Some shares may have been sold by the issuer to satisfy tax-withholding obligations on vesting (F5). New RSUs vest annually (typically 20–25% per year depending on grant; see F7–F11).
  • Shares owned after the transactions: not specified in the provided filing details.

Context
The March 6 entries reflect RSU vesting/conversion (derivative settlement) rather than a cash purchase; the March 9 sales appear to be routine disposals (including tax withholding sales noted in footnotes). Routine sales to cover taxes or liquidity needs are common and do not necessarily signal a change in insider outlook. The filing was made within the expected SEC Form 4 timeframe.