Bradley Alexander R. 4

What Happened

• Bradley Alexander, Chief Financial Officer of First Solar (FSLR), had 1,210 restricted stock units (RSUs vest) convert into 1,210 shares on 2026-05-04. The issuer withheld 1,210 shares to satisfy tax withholding. Separately, Alexander sold 498 shares in an open-market transaction on 2026-05-05 for $215.63 each, totaling $107,384.
• These transactions are primarily routine compensation events (RSU vesting and a subsequent sale) rather than an opportunistic purchase.

Key Details

• Dates and prices:
  • 2026-05-04: Conversion/vesting of 1,210 RSUs into 1,210 shares (reported as exercise/conversion of a derivative) at $0.00 (acquired).
  • 2026-05-04: 1,210 shares disposed at $0.00 — shares withheld/sold by the issuer to satisfy tax withholding on vesting.
  • 2026-05-05: Open-market sale of 498 shares at $215.63 each for $107,384.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: The 1,210 shares represent 25% of RSUs granted May 1, 2025 (annual vesting).
  • F2: Shares were sold by the issuer to satisfy tax withholding on vesting.
  • F3/F4: Each RSU = right to one share; RSUs granted May 1, 2025 vest 25% annually.
• Filing timeliness: Reported on 2026-05-05 for transactions on 2026-05-04/05 — appears timely (no late filing noted).

Context

• The "exercise/conversion" here reflects RSUs vesting (conversion of the award into shares). The issuer withheld shares to cover taxes (a common practice) rather than a cash payment by the insider.
• The separate sale of 498 shares on the open market generated ~$107K in proceeds; such post-vesting sales are routine and do not by themselves indicate a change in insider sentiment.