ANTOUN GEORGES 4

What Happened

• Antoun Georges, Chief Commercial Officer of First Solar (FSLR), had 587 restricted stock units (RSUs) convert to common shares upon vesting (reported as an exercise/conversion of a derivative). Following vesting, Georges sold 245 shares in an open-market transaction at $200.80 per share, generating $49,196. The filing also shows shares withheld/sold by the issuer to satisfy tax-withholding obligations related to the vesting.

Key Details

• Transaction dates: RSU conversion/vesting reported 2026-03-13; open-market sale on 2026-03-16; Form 4 filed 2026-03-17.
• Sale price/amount: 245 shares sold at $200.80 each = $49,196 total.
• Vesting: 587 shares reported as issued upon vesting of 20% of RSUs granted March 15, 2022 (per footnotes).
• Tax withholding: Issuer sold/withheld shares to satisfy tax obligations upon vesting (footnote indicates shares sold by issuer for withholding).
• Shares owned after transaction: Not specified in this Form 4.
• Timeliness: Filed within the required reporting window (Form filed 2026-03-17 for transactions on 3/13 and 3/16).

Context

• The “exercise/conversion” entries here reflect RSUs vesting (each RSU equals one share on vesting) rather than an options purchase; the $0.00 price indicates no out-of-pocket purchase price for the vested RSUs.
• Part of the vested shares were retained/sold by the company to cover tax withholding, and a separate smaller block was sold on the open market—this is common for executive equity vesting and tax settlement and does not necessarily indicate a change in insider sentiment.