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[Form 4] Canadian Solar Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chang Leslie Li Hsien reported acquisition or exercise transactions in this Form 4 filing.

Canadian Solar Inc. director Leslie Li Hsien Chang received a compensation-related award of 1,949 Restricted Share Units (RSUs), each representing one share of common stock. The award is treated as having a deemed grant date of July 1, 2026, was effected on July 9, 2026, and has no expiration date. Following this grant, Chang directly holds 24,108 RSUs.

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Insider Chang Leslie Li Hsien
Role Director
Type Security Shares Price Value
Grant/Award Restricted Share Units 1,949 $0.00 --
Holdings After Transaction: Restricted Share Units — 24,108 shares (Direct)
Footnotes (1)
  1. The transaction reported herein was effected on July 9, 2026. For purposes of the applicable award terms, the award has a deemed grant date of July 1, 2026. These RSUs have no expiration date.
RSUs Granted 1,949 RSUs Grant/award acquisition to director on transaction effected July 9, 2026
RSUs Held After Grant 24,108 RSUs Total direct RSU holdings following the July 2026 award
Deemed Grant Date July 1, 2026 Date used for award terms of the RSU grant
Transaction Effective Date July 9, 2026 Date the RSU transaction was effected
Exercise Price $0.0000 Conversion or exercise price for the reported RSUs
Restricted Share Units financial
"received a compensation-related award of 1,949 <b>Restricted Share Units (RSUs)</b>"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
deemed grant date financial
"the award has a <b>deemed grant date</b> of July 1, 2026"
grant, award, or other acquisition financial
"transaction code description indicates a <b>grant, award, or other acquisition</b>"
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FAQ

What insider equity award did Canadian Solar (CSIQ) report for Leslie Li Hsien Chang?

Canadian Solar reported that director Leslie Li Hsien Chang received a grant of 1,949 Restricted Share Units. Each RSU represents one share of common stock and reflects a compensation-related award rather than an open-market share purchase.

How many Canadian Solar (CSIQ) RSUs does Leslie Li Hsien Chang hold after this Form 4?

After the reported transaction, Leslie Li Hsien Chang directly holds 24,108 Restricted Share Units. This figure includes the newly awarded 1,949 RSUs that were granted as part of her director compensation in July 2026.

What is the grant date and transaction date of the new RSUs at Canadian Solar (CSIQ)?

The RSU award is treated as having a deemed grant date of July 1, 2026 and was effected on July 9, 2026. This distinction comes from the award terms, which specify the earlier deemed grant date for the reported RSUs.

Do the new Canadian Solar (CSIQ) RSUs granted to Leslie Li Hsien Chang expire?

The reported Restricted Share Units have no expiration date. A footnote explains that these RSUs are not subject to a stated expiry, meaning they remain outstanding subject to any vesting or other conditions in the underlying award terms.

Was the Canadian Solar (CSIQ) Form 4 transaction a market buy or sell?

The Form 4 reports a grant/award acquisition of 1,949 RSUs, coded as an "A" transaction. It is not an open-market share purchase or sale, but a compensation-related equity award granted to a company director.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chang Leslie Li Hsien

(Last)(First)(Middle)
C/O CANADIAN SOLAR INC,
4273 KING STREET EAST, SUITE 102

(Street)
KITCHENERN2P 2E9

(City)(State)(Zip)

ONTARIO, CANADA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Canadian Solar Inc. [ CSIQ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units$0.0007/09/2026(1)A1,94907/01/2029 (2)Common Stock1,949$0.0024,108D
Explanation of Responses:
1. The transaction reported herein was effected on July 9, 2026. For purposes of the applicable award terms, the award has a deemed grant date of July 1, 2026.
2. These RSUs have no expiration date.
/s/ Leslie Chang07/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)