FIRST SOLAR, INC.·4

Mar 17, 7:29 PM ET

Sloan Samantha L. 4

Research Summary

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Updated

First Solar (FSLR) EVP Samantha L. Sloan Sells 120 Shares

What Happened

  • Samantha L. Sloan, Executive Vice President, Corporate Affairs at First Solar (FSLR), had 280 restricted stock units vest/convert and then sold 120 shares in an open-market transaction. The open-market sale on 2026-03-16 was 120 shares at $200.80 each, totaling $24,096. The 280-share conversion (recorded 2026-03-13) reflects RSUs vesting and issuance of common stock.

Key Details

  • Transaction dates and prices:
    • 2026-03-13: 280 RSUs vested and converted to 280 shares (recorded as derivative conversion/exercise, $0.00 price in filing).
    • 2026-03-16: Open-market sale of 120 shares at $200.80 each = $24,096.
  • Shares owned after transaction: Not specified in the filing.
  • Notable footnotes:
    • F1/F3/F4: These were RSUs granted March 15, 2022; each RSU converts to one share and vests 20% annually.
    • F2: The filing notes shares were sold by the issuer to satisfy tax-withholding obligations with the RSU vesting.
  • Filing timeliness: Report filed 2026-03-17 for transactions dated 2026-03-13–03-16; filing appears timely.

Context

  • These were vesting-related transactions (restricted stock units converting to common shares). Part of the shares issued on vesting were used to satisfy tax withholding per the filing; separately Sloan sold 120 shares on the open market. Such transactions tied to vesting/tax withholding are common and do not, by themselves, indicate a change in insider sentiment.