Canadian Solar (CSIQ) director discloses 21,538 RSUs in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Canadian Solar Inc. director Harry E. Ruda has reported initial beneficial ownership of restricted share units representing 21,538 underlying common shares. Each RSU gives a right to receive one common share upon vesting.
The position includes multiple blocks of unvested RSUs that vest on specific dates from April 1, 2026 through January 1, 2029, providing a staggered schedule of potential future share delivery tied to continued service or other vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ruda Harry E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Unit | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 21,538 shares (Direct)
Footnotes (1)
- Includes (i) 770 unvested RSUs, which will vest on April 1, 2026; (ii) 809 unvested RSUs, which will vest on July 1, 2026; (iii) 1,203 unvested RSUs, which will vest on October 1, 2026, (iv) 1,157 unvested RSUs, which will vest on January 1, 2027; (v) 1,602 unvested RSUs, which will vest on April 1, 2027; (vi) 1,953 unvested RSUs, which will vest on July 1, 2027; (vii) 1,955 unvested RSUs, which will vest on October 1, 2027; (viii) 2,629 unvested RSUs, which will vest on January 1, 2028; (ix) 3,180 unvested RSUs, which will vest on April 1, 2028; (x) 2,731 unvested RSUs, which will vest on July 1, 2028; (xi) 2,303 unvested RSUs, which will vest on October 1, 2028; and (xii) 1,246 unvested RSUs, which will vest on January 1, 2029. Each RSU represents a contingent right to receive one share of the Issuer's Common Share upon vesting.
FAQ
What insider position did Harry E. Ruda report at Canadian Solar (CSIQ)?
Harry E. Ruda reported beneficial ownership of restricted share units representing 21,538 underlying Canadian Solar common shares. These RSUs give him a contingent right to receive one common share each when they vest over several future dates.
What type of securities does the Canadian Solar (CSIQ) Form 3 disclose?
The Form 3 discloses holdings of restricted share units, each linked to one Canadian Solar common share. These RSUs are equity-based awards that convert into common shares only after specific vesting dates are reached under the company’s compensation arrangements.
When do Harry Ruda’s Canadian Solar (CSIQ) RSUs vest?
The RSUs vest in stages between April 1, 2026 and January 1, 2029. The schedule lists multiple unvested blocks of RSUs with specific vesting dates roughly every quarter, creating a long-term, time-based incentive structure for the director.