Bradley Alexander R. 4

What Happened

• Bradley Alexander R., Chief Financial Officer of First Solar (FSLR), converted vested restricted stock units (derivative conversions) on March 6, 2026 and was credited with newly granted RSUs the same day. He then sold 1,756 shares in open-market transactions on March 9, 2026 at $190.36 per share, generating proceeds of roughly $334,273.
• Specifics: conversions/acquisitions of derivative/RSU-related shares on 2026-03-06 include 1,465; 471; 947; and 1,334 shares (total 4,217) reported as acquired at $0.00. A separate grant of 4,229 RSUs was reported on 2026-03-06 (new annual grant). The March 9 sales were: 610, 196, 395, and 555 shares at $190.36 each (total proceeds ≈ $334,273).

Key Details

• Transaction dates/prices: conversions and grant on 2026-03-06 (acquired at $0.00); open-market sales on 2026-03-09 at $190.36/share.
• Sale proceeds: 1,756 shares × $190.36 = $334,273 (approx).
• Shares owned after the transactions: not specified in the provided filing details.
• Notable footnotes: vesting and conversions relate to RSUs granted in prior years (see F1–F4 for vesting schedules); F5 indicates shares may have been sold by the issuer to satisfy tax withholding tied to RSU vesting; F11 documents the new RSU grant on March 6, 2026 (vests 25% annually).
• Filing/timeliness: Form 4 was filed on 2026-03-10 for transactions on 2026-03-06 and 2026-03-09; this filing date is consistent with the SEC two-business-day reporting window and is not flagged as late.

Context

• The M transaction code indicates conversion/exercise of a derivative security (here, RSUs converting into common shares). The sequence (RSU conversion then sale) is consistent with a common practice where vested RSU shares are converted and some shares are sold—often to cover tax withholding—rather than a straightforward market-timed trade. The filing is factual and does not imply management’s view of FSLR’s future performance.