Buehler Patrick James 4
4 · FIRST SOLAR, INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) CPO Patrick Buehler Sells 235 Shares
What Happened
Patrick James Buehler, Chief Product Officer at First Solar (FSLR), had 553 restricted stock units (RSUs) convert to common stock on May 4, 2026 (reported as an exercise/conversion). Following vesting, 235 shares were sold in an open‑market transaction on May 5, 2026 at $215.63 each, netting $50,673. The filing also shows shares were surrendered/handled to satisfy tax withholding in connection with the RSU vesting.
Key Details
- Transaction dates: May 4, 2026 (RSU conversion/vesting); May 5, 2026 (open‑market sale).
- Open‑market sale: 235 shares at $215.63 each = $50,673. (Code S)
- Vesting/conversion: 553 shares reported as acquired at $0.00 on May 4, 2026 (Code M). Some shares were disposed by the issuer to satisfy tax withholding (footnote).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes: F1–F4 indicate these were 25% vesting of RSUs granted May 1, 2025 under the 2020 Omnibus Plan; each RSU converts to one share; issuer sold shares to satisfy tax withholding.
- Filing timeliness: Report covers period ending May 4, 2026 and was filed May 5, 2026 (filed the next day).
Context
The M-code activity represents RSUs vesting/converting to common shares rather than a cash purchase. The issuer’s sale of shares to satisfy tax withholding is a routine administrative step and separate from the open‑market sale of 235 shares. Such sales by insiders after vesting are common and do not, by themselves, indicate a change in the insider’s long‑term view.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-04+553→ 7,641 total - Sale
Common Stock
[F2]2026-05-05$215.63/sh−235$50,673→ 7,406 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-05-04−553→ 1,660 total→ Common Stock (553 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.
- [F2]Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F3]Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
- [F4]The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on May 1, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.