ANTOUN GEORGES 4
4 · FIRST SOLAR, INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) CCO Antoun Georges Sells 566 Shares
What Happened Antoun Georges, Chief Commercial Officer of First Solar (FSLR), had 1,358 restricted stock units (RSUs) vest on May 4, 2026 and received 1,358 shares. Following the vesting, the issuer sold a portion of shares to satisfy tax withholding, and Georges sold 566 shares in an open-market transaction on May 5, 2026 at $215.63 per share, generating proceeds of $122,047.
Key Details
- Vesting/conversion date: 2026-05-04 — 1,358 RSUs converted to 1,358 common shares (reported as derivative exercise/conversion at $0.00 per share). (F1, F3, F4)
- Open-market sale: 2026-05-05 — 566 shares sold at $215.63 each for total proceeds of $122,047.
- Tax withholding: Issuer sold shares to satisfy tax withholding on the vested RSUs (footnote F2).
- Shares owned after transaction: Not disclosed in this filing.
- Timeliness: Report filed 2026-05-05 for a 2026-05-04 transaction — no late filing indicated.
Context
- These transactions reflect scheduled RSU vesting (25% tranche of a May 1, 2025 grant) rather than a new grant or option exercise for purchase. Part of the vested shares were used to cover taxes via an issuer sale; a separate portion was sold on the open market.
- Sales after RSU vesting to cover tax obligations or to take proceeds are common and do not by themselves indicate management’s long-term view.
Insider Transaction Report
Form 4
ANTOUN GEORGES
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-04+1,358→ 20,484 total - Sale
Common Stock
[F2]2026-05-05$215.63/sh−566$122,047→ 19,918 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-05-04−1,358→ 4,074 total→ Common Stock (1,358 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.
Signature
/s/ Jason E. Dymbort, attorney-in-fact|2026-05-05