Verma Kuntal Kumar 4

What Happened Verma Kuntal Kumar, Chief Manufacturing Officer of First Solar, sold 408 shares of FSLR in an open-market/private sale on March 10, 2026. The shares were disposed at $195.70 each, for a total transaction value of $79,846. This was a sale (not a purchase), which is often routine — especially when done under a pre-established trading plan.

Key Details

• Transaction type: Sale (Code S) — open market or private sale
• Transaction date: 2026-03-10; Filing date: 2026-03-11 (filed timely)
• Price and amount: 408 shares at $195.70 per share; proceeds $79,846
• Shares owned after transaction: Not disclosed in the provided filing
• Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted by the insider on November 26, 2025

Context A 10b5-1 plan allows insiders to set up prearranged trades, which can indicate the sale was scheduled in advance rather than a reaction to recent company news. Sales under such plans are generally considered routine and do not necessarily reflect the insider’s current view of the company’s prospects.