FIRST SOLAR, INC.·4

Mar 17, 7:25 PM ET

Bradley Alexander R. 4

4 · FIRST SOLAR, INC. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

First Solar (FSLR) CFO Bradley R. Alexander Sells Shares

What Happened
Bradley R. Alexander, Chief Financial Officer of First Solar (FSLR), had restricted stock units (RSUs) vest and then sold shares in the open market. On 2026-03-13 he converted/received 1,441 shares upon RSU vesting (acquired at $0.00) and 1,441 shares were surrendered/withheld to satisfy tax withholding. Between 2026-03-16 and 2026-03-17 he sold a total of 14,696 shares in multiple open-market trades for aggregate proceeds of approximately $2,939,199.

Key Details

  • Transaction dates: RSU conversion/vesting on 2026-03-13; open-market sales on 2026-03-16–03-17. Form filed 2026-03-17 (timely).
  • Sale quantities & proceeds (selected): 590 @ $200.80 ($118,472); 2,958 @ $198.80 ($588,050); 5,376 @ $199.75 ($1,073,856); 5,075 @ $200.59 ($1,017,994); plus smaller lots — total open-market sales = 14,696 shares for ~$2.94M.
  • RSU details: 1,441 shares issued on vesting (acquired at $0.00) and 1,441 shares surrendered to cover tax withholding (reported $0 proceeds). These RSUs were part of the March 15, 2022 grant that vests 20% annually (footnotes F1, F9, F10).
  • Trading plan / execution notes: At least one sale was effected under a Rule 10b5-1 trading plan adopted Nov 6, 2025 (F3). Several sale lines were executed in multiple trades with price ranges from $198.23 to $202.55; prices shown are weighted averages for those lines (F4–F8).
  • Shares owned after transaction: not specified in the provided filing.

Context

  • This was not a purchase but routine insider selling: part of the activity reflects RSU vesting and tax withholding (not an out‑of‑pocket purchase) plus planned open‑market sales (including under a 10b5‑1 plan). For derivative/RSU transactions: the filing shows conversion/vesting (no exercise price) and immediate withholding of shares for taxes, plus separate market sales.
  • These filings are factual disclosures of insider transactions and do not, by themselves, indicate the insider’s future view of the company.

Insider Transaction Report

Form 4
Period: 2026-03-13
Bradley Alexander R.
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-13+1,44144,696 total
  • Sale

    Common Stock

    [F2]
    2026-03-16$200.80/sh590$118,47244,106 total
  • Sale

    Common Stock

    [F3][F4]
    2026-03-17$198.80/sh2,958$588,05041,148 total
  • Sale

    Common Stock

    [F3][F5]
    2026-03-17$199.75/sh5,376$1,073,85635,772 total
  • Sale

    Common Stock

    [F3][F6]
    2026-03-17$200.59/sh5,075$1,017,99430,697 total
  • Sale

    Common Stock

    [F3][F7]
    2026-03-17$201.65/sh346$69,77130,351 total
  • Sale

    Common Stock

    [F3][F8]
    2026-03-17$202.44/sh351$71,05630,000 total
  • Exercise/Conversion

    Restricted Stock Units

    [F9][F10]
    2026-03-131,4411,440 total
    Common Stock (1,441 underlying)
Footnotes (10)
  • [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022.
  • [F10]The restricted stock units were granted on March 15, 2022 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 15, 2022 are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
  • [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]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 6, 2025.
  • [F4]This transaction was executed in multiple trades at prices ranging from $198.23 to $199.22 The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F5]This transaction was executed in multiple trades at prices ranging from $199.23 to $200.22 The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F6]This transaction was executed in multiple trades at prices ranging from $200.23 to $201.17. The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F7]This transaction was executed in multiple trades at prices ranging from $201.23 to $202.21. The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F8]This transaction was executed in multiple trades at prices ranging from $202.32 to $202.55. The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F9]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.
Signature
/s/ Jason E. Dymbort, attorney-in-fact|2026-03-17

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT