Canadian Solar (NASDAQ: CSIQ) COO exercises 2,717 shares, withholds 1,604 for taxes
Rhea-AI Filing Summary
Canadian Solar Inc. Chief Operating Officer Dylan Marx reported routine equity compensation-related transactions. On May 13, 2026, he exercised rights to acquire 2,717 shares of common stock in a derivative exercise/conversion recorded at $0.0000 per share. On the same date, 1,604 shares were disposed of in a tax-withholding transaction at $19.83 per share to cover tax obligations, rather than through an open-market sale. These moves reflect an exercise-and-hold pattern with shares withheld only to satisfy tax liabilities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,113 shares
Net Buy
2 txns
Insider
Marx Dylan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 2,717 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,604 | $19.83 | $32K |
Holdings After Transaction:
Common Stock — 3,253 shares (Direct)
Key Figures
Tax-withholding shares: 1,604 shares
Tax-withholding price: $19.83 per share
Shares acquired via exercise: 2,717 shares
+3 more
6 metrics
Tax-withholding shares
1,604 shares
Common Stock disposed to cover tax liability at $19.83/share on May 13, 2026
Tax-withholding price
$19.83 per share
Value applied to 1,604 shares delivered for taxes on May 13, 2026
Shares acquired via exercise
2,717 shares
Common Stock from derivative exercise/conversion on May 13, 2026
Exercise transaction price
$0.0000 per share
Recorded price for derivative exercise/conversion of 2,717 shares
Direct holdings after exercise
4,857 shares
Common Stock owned directly following the exercise transaction
Direct holdings after tax withholding
3,253 shares
Common Stock owned directly following the tax-withholding disposition
Key Terms
tax-withholding disposition, derivative exercise/conversion, Exercise or conversion of derivative security, Payment of exercise price or tax liability by delivering securities
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Canadian Solar (CSIQ) COO Dylan Marx report?
Dylan Marx reported exercising rights to acquire 2,717 Canadian Solar common shares and a related tax-withholding disposition of 1,604 shares. The filing classifies the acquisition as a derivative exercise and the disposition as payment of tax liability using shares, not an open-market trade.
Was the Canadian Solar (CSIQ) COO’s Form 4/A transaction an open-market stock sale?
No, the disposition was classified as a tax-withholding transaction, not an open-market sale. The filing states 1,604 shares were delivered to satisfy tax obligations associated with equity compensation, which is a mechanical step rather than a discretionary sale into the market.
Does the Canadian Solar (CSIQ) Form 4/A show remaining holdings for the COO after these transactions?
Yes, one transaction line shows 4,857 shares of common stock owned directly following the exercise, and another shows 3,253 shares following the tax-withholding disposition. These figures indicate his reported direct ownership after each respective step on May 13, 2026.