Canadian Solar (CSIQ) director nets 805 shares from RSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Canadian Solar Inc. director Andrew Luen Cheung Wong reported routine equity compensation activity. On July 2, 2026, 809 Restricted Share Units were exercised into the same number of common shares at a stated price of $0.00 per share. Of these, 4 shares of common stock, valued at $15.69 per share, were disposed of to satisfy tax obligations, leaving 805 common shares held directly after the transaction. Following the RSU conversion, Wong also held 22,159 Restricted Share Units, which the disclosure notes have no expiration date. The filing shows no open-market buying or selling, only a derivative exercise and small tax-withholding disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
809 shares exercised/converted
Mixed
3 txns
Insider
Wong Andrew Luen Cheung
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 809 | $0.00 | -- |
| Exercise | Common Stock | 809 | $0.00 | -- |
| Tax Withholding | Common Stock | 4 | $15.69 | $62.76 |
Holdings After Transaction:
Restricted Share Units — 22,159 shares (Direct, null);
Common Stock — 809 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 809 units
Tax-withholding shares: 4 shares
Price for tax withholding: $15.69 per share
+3 more
6 metrics
RSUs exercised
809 units
Restricted Share Units converted to common stock on July 2, 2026
Tax-withholding shares
4 shares
Common shares delivered for tax obligations at $15.69 per share
Price for tax withholding
$15.69 per share
Value used for 4-share tax-withholding disposition
Common shares after transaction
805 shares
Director’s direct holdings of Canadian Solar common stock
RSUs outstanding after transaction
22,159 units
Restricted Share Units held with no expiration date
Exercise price of RSUs
$0.00 per unit
Stated exercise/conversion price for 809 RSUs
Key Terms
Restricted Share Units, tax-withholding disposition, derivative exercise/conversion, derivative security
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""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Canadian Solar (CSIQ) disclose for Andrew Luen Cheung Wong?
Canadian Solar director Andrew Luen Cheung Wong exercised 809 Restricted Share Units into common stock and had 4 shares disposed of for tax withholding. This left him with 805 common shares held directly plus 22,159 RSUs outstanding.
What was the size of the RSU exercise reported for Canadian Solar (CSIQ)?
The director exercised 809 Restricted Share Units into common stock at a stated exercise price of $0.00 per share. This type of transaction reflects equity compensation vesting rather than a cash-funded stock purchase in the open market.
Do the Canadian Solar (CSIQ) RSUs reported have an expiration date?
A footnote states that the Restricted Share Units have no expiration date. This means the 22,159 RSUs held by the director remain outstanding until they vest and convert into common stock or are otherwise settled under the company’s equity plan.