Stockdale Caroline 4

What Happened

• Caroline Stockdale, First Solar’s Chief People & Communications Officer, had 800 restricted stock units convert to common shares upon vesting on March 13, 2026, and subsequently sold 335 shares in the open market on March 16, 2026 for $200.80 each (proceeds ≈ $67,268). The conversion/exercise of 800 RSUs is recorded at $0 per share (standard for RSU vesting).

Key Details

• Transaction dates and prices:
  • 2026-03-13: Exercise/conversion of derivative (RSU vesting) — 800 shares @ $0.00 (acquired).
  • 2026-03-13: Disposition related to the derivative — 800 shares @ $0.00 (reflects issuer action for withholding).
  • 2026-03-16: Open-market sale — 335 shares @ $200.80 = $67,268 (disposed).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1/F3/F4 — The 800 shares reflect 20% vesting of RSUs granted March 15, 2022; each RSU converts to one share and the grant vests 20% annually.
  • F2 — Some shares were sold by the issuer to satisfy tax-withholding obligations when the RSUs vested.
• Filing timeliness: Form 4 was filed 2026-03-17 for activity through 2026-03-16; this appears to be within the usual two-business-day reporting window.

Context

• These entries reflect routine RSU vesting and subsequent transactions: shares were issued upon vesting (conversion of RSUs) and the issuer withheld/sold shares to cover taxes, while Stockdale sold additional shares in the open market. Such vesting and withholding are common compensation events and do not, by themselves, indicate a change in insider confidence.