Canadian Solar (CSIQ) director gets 2,200 RSUs, exercises 770 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Canadian Solar Inc. director Andrew Luen Cheung Wong received a grant of 2,200 Restricted Share Units (RSUs) that convert into common stock, and exercised 770 RSUs into 770 common shares at a conversion price of $0.00 per share. To cover tax obligations, 4 common shares were withheld at $13.21 per share, leaving him with 1,752 common shares held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
770 shares exercised/converted
Mixed
4 txns
Insider
Wong Andrew Luen Cheung
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 2,200 | $0.00 | -- |
| Exercise | Restricted Share Units | 770 | $0.00 | -- |
| Exercise | Common Stock | 770 | $0.00 | -- |
| Tax Withholding | Common Stock | 4 | $13.21 | $52.84 |
Holdings After Transaction:
Restricted Share Units — 23,738 shares (Direct);
Common Stock — 1,756 shares (Direct)
Footnotes (1)
- These RSUs were granted on April 1, 2026 and processed on April 2, 2026, and have no expiration date. These RSUs have no expiration date.
Key Figures
RSU grant: 2,200 RSUs
RSU exercise: 770 RSUs
Tax-withheld shares: 4 shares at $13.21
+3 more
6 metrics
RSU grant
2,200 RSUs
Granted April 1, 2026, processed April 2, 2026
RSU exercise
770 RSUs
Exercised into 770 common shares at $0.00 per share
Tax-withheld shares
4 shares at $13.21
Shares delivered to satisfy tax liability
Common shares after transactions
1,752 shares
Direct holdings after RSU exercise and tax withholding
RSUs after grant
23,738 RSUs
Total RSUs following 2,200-unit grant
RSUs after exercise
22,968 RSUs
RSU balance after exercising 770 units
Key Terms
Restricted Share Units, derivative security, tax-withholding disposition
3 terms
derivative security financial
"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.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
FAQ
What did Canadian Solar (CSIQ) director Andrew Wong report in this Form 4?
Andrew Luen Cheung Wong reported a grant of 2,200 Restricted Share Units and the exercise of 770 RSUs into 770 common shares, along with a small share withholding for taxes. These are routine equity compensation and tax-related transactions.
What RSU exercise did the Canadian Solar (CSIQ) director complete?
He exercised 770 Restricted Share Units into 770 Canadian Solar common shares at a conversion price of $0.00 per share. This reflects the conversion of previously granted RSUs into owned stock rather than an open-market purchase of additional shares.
Do the Canadian Solar (CSIQ) RSUs in this Form 4 have an expiration date?
The footnotes state the RSUs granted on April 1, 2026, and processed April 2, 2026, have no expiration date. This means they remain outstanding according to their grant terms until settled in common stock or otherwise addressed under the plan.