Gloeckler Markus 4
4 · FIRST SOLAR, INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) CTO Markus Gloeckler Sells 368 Shares
What Happened
Markus Gloeckler, Chief Technology Officer of First Solar (FSLR), had 854 restricted stock units (RSUs) convert into 854 shares on March 13, 2026 (reported as an exercise/conversion). Following the vesting, 368 shares were sold on March 16, 2026 at $200.80 per share for total proceeds of $73,894. The sale was to satisfy tax withholding related to the RSU vesting.
Key Details
- Transaction dates and prices:
- 2026-03-13: 854 shares acquired via exercise/conversion at $0.00 (issuance on RSU vesting).
- 2026-03-16: 368 shares sold at $200.80 each, proceeds $73,894.
- Footnotes:
- F1/F3/F4: The 854 shares represent 20% of RSUs granted March 15, 2022 (each RSU = one share); the grant vests 20% annually.
- F2: The 368 shares were sold by the issuer to satisfy tax withholding obligations from the RSU vesting.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Form 4 filed 2026-03-17; transactions occurred 2026-03-13 and 2026-03-16. The report appears to have been filed promptly.
Context
This was RSU vesting and a withholding-related sale, not an open-market buy signal. The conversion of RSUs (reported as a derivative exercise/conversion) created the shares, and the subsequent sale was used to cover tax obligations rather than necessarily indicating a stance on the company’s stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-13+854→ 10,716 total - Sale
Common Stock
[F2]2026-03-16$200.80/sh−368$73,894→ 10,348 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-03-13−854→ 853 total→ Common Stock (854 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022.
- [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 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.