Verma Kuntal Kumar 4

What Happened

• Kuntal Verma, Chief Manufacturing Officer of First Solar (FSLR), sold a total of 3,671 shares in open-market transactions. The sales were: 1,864 shares @ $225.00 (proceeds $419,400), 352 shares @ $230.00 (proceeds $80,960) on May 11, 2026, and 1,455 shares @ $240.00 (proceeds $349,200) on May 13, 2026. Total proceeds across the transactions were about $849,560. All transactions are coded as sales (S).

Key Details

• Transaction dates & prices:
  • 2026-05-11: 1,864 shares @ $225.00 = $419,400 (Sale)
  • 2026-05-11: 352 shares @ $230.00 = $80,960 (Sale)
  • 2026-05-13: 1,455 shares @ $240.00 = $349,200 (Sale)
• Total shares sold: 3,671; total proceeds: ~$849,560.
• Footnote: At least one of the transactions was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
• Filing: Form 4 was filed on 2026-05-13 reporting the May transactions; no late filing is indicated in the information provided.
• Shares owned after the transactions: not specified in the data provided.

Context

• These were outright sales (S), which are often routine insider liquidity events and do not necessarily signal a change in company outlook. The presence of a Rule 10b5-1 trading plan indicates at least some sales were pre-specified according to a plan adopted in advance, reducing the implication of opportunistic timing.