Bradley Alexander R. 4
4 · FIRST SOLAR, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) CFO Bradley Alexander R. Sells 1,756 Shares
What Happened
- Bradley Alexander R., Chief Financial Officer of First Solar (FSLR), converted vested restricted stock units (derivative conversions) on March 6, 2026 and was credited with newly granted RSUs the same day. He then sold 1,756 shares in open-market transactions on March 9, 2026 at $190.36 per share, generating proceeds of roughly $334,273.
- Specifics: conversions/acquisitions of derivative/RSU-related shares on 2026-03-06 include 1,465; 471; 947; and 1,334 shares (total 4,217) reported as acquired at $0.00. A separate grant of 4,229 RSUs was reported on 2026-03-06 (new annual grant). The March 9 sales were: 610, 196, 395, and 555 shares at $190.36 each (total proceeds ≈ $334,273).
Key Details
- Transaction dates/prices: conversions and grant on 2026-03-06 (acquired at $0.00); open-market sales on 2026-03-09 at $190.36/share.
- Sale proceeds: 1,756 shares × $190.36 = $334,273 (approx).
- Shares owned after the transactions: not specified in the provided filing details.
- Notable footnotes: vesting and conversions relate to RSUs granted in prior years (see F1–F4 for vesting schedules); F5 indicates shares may have been sold by the issuer to satisfy tax withholding tied to RSU vesting; F11 documents the new RSU grant on March 6, 2026 (vests 25% annually).
- Filing/timeliness: Form 4 was filed on 2026-03-10 for transactions on 2026-03-06 and 2026-03-09; this filing date is consistent with the SEC two-business-day reporting window and is not flagged as late.
Context
- The M transaction code indicates conversion/exercise of a derivative security (here, RSUs converting into common shares). The sequence (RSU conversion then sale) is consistent with a common practice where vested RSU shares are converted and some shares are sold—often to cover tax withholding—rather than a straightforward market-timed trade. The filing is factual and does not imply management’s view of FSLR’s future performance.
Insider Transaction Report
Form 4
Bradley Alexander R.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-06+1,465→ 42,259 total - Exercise/Conversion
Common Stock
[F2]2026-03-06+471→ 42,730 total - Exercise/Conversion
Common Stock
[F3]2026-03-06+947→ 43,677 total - Exercise/Conversion
Common Stock
[F4]2026-03-06+1,334→ 45,011 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−610$116,120→ 44,401 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−196$37,311→ 44,205 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−395$75,192→ 43,810 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−555$105,650→ 43,255 total - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-06−1,465→ 0 total→ Common Stock (1,465 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F8]2026-03-06−471→ 942 total→ Common Stock (471 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F9]2026-03-06−947→ 1,894 total→ Common Stock (947 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F10]2026-03-06−1,334→ 4,005 total→ Common Stock (1,334 underlying) - Award
Restricted Stock Units
[F6][F11]2026-03-06+4,229→ 4,229 total→ Common Stock (4,229 underlying)
Footnotes (11)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
- [F10]The restricted stock units were granted on March 6, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F11]The restricted stock units were granted on March 6, 2026 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2026 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F2]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2023.
- [F3]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2024.
- [F4]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2025.
- [F5]Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F6]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.
- [F7]The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F8]The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2023 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F9]The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2024 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|2026-03-10