Canadian Solar Inc. (CSIQ) CTO granted 18,892 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Qu Shawn Xiaohua reported acquisition or exercise transactions in this Form 4 filing.
Canadian Solar Inc. reported that Chief Technology Officer and 10% owner Shawn Xiaohua Qu received an award of 18,892 Restricted Share Units, each corresponding to one share of common stock. The RSUs, deemed granted on May 6, 2026, vest in three approximately equal annual installments beginning May 6, 2027, have no expiration date, and increase his directly held RSU balance to 54,349.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Qu Shawn Xiaohua
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units | 18,892 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 54,349 shares (Direct)
Footnotes (1)
- The transaction reported herein was effected on July 9, 2026, following completion of the Company's internal approval process. For purposes of the applicable award terms, the award has a deemed grant date of May 6, 2026. The RSUs will vest in three approximately equal annual installments beginning on May 6, 2027. These RSUs have no expiration date.
Key Figures
RSUs granted: 18,892 units
Total RSUs after grant: 54,349 units
Vesting schedule: 3 annual installments
+2 more
5 metrics
RSUs granted
18,892 units
Restricted Share Units awarded to CTO and 10% owner Shawn Xiaohua Qu on July 9, 2026 (deemed grant date May 6, 2026)
Total RSUs after grant
54,349 units
Directly held Restricted Share Units following the award to Shawn Xiaohua Qu
Vesting schedule
3 annual installments
RSUs vest in three approximately equal annual installments beginning May 6, 2027
Grant price per RSU
$0.0000 per unit
Recorded price per Restricted Share Unit for this compensation grant
Deemed grant date
May 6, 2026
Date used for the applicable RSU award terms
Key Terms
Restricted Share Units, deemed grant date, vest, expiration date
4 terms
deemed grant date financial
"the award has a deemed grant date of May 6, 2026"
vest financial
"The RSUs will vest in three approximately equal annual installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
expiration date financial
"These RSUs have no expiration date"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider equity award did Canadian Solar (CSIQ) grant to Shawn Xiaohua Qu?
Canadian Solar granted Chief Technology Officer and 10% owner Shawn Xiaohua Qu 18,892 Restricted Share Units, each representing one common share. This award increases his directly held RSU balance to 54,349 units, reflecting additional equity-based compensation rather than an open-market share purchase.
When is the deemed grant date and transaction date for Shawn Xiaohua Qu’s CSIQ RSUs?
The RSU award to Shawn Xiaohua Qu has a deemed grant date of May 6, 2026, used for the award terms. The transaction was effected on July 9, 2026, following completion of Canadian Solar’s internal approval process for this compensation grant.
What is the vesting schedule of the 18,892 RSUs granted by Canadian Solar (CSIQ)?
The 18,892 RSUs granted to Shawn Xiaohua Qu will vest in three approximately equal annual installments beginning on May 6, 2027. This structure staggers settlement of the units over three years, aligning the award with ongoing service and long-term incentives.
Do the CSIQ RSUs granted to Shawn Xiaohua Qu have an expiration date or exercise price?
The filing states that these RSUs have no expiration date. They are recorded with a grant price of $0.0000 per unit, consistent with a stock-based compensation award rather than a traditional stock option requiring payment of an exercise price.
How many Canadian Solar (CSIQ) RSUs does Shawn Xiaohua Qu hold after this award?
Following the award, Shawn Xiaohua Qu directly holds 54,349 Restricted Share Units. This total includes the new grant of 18,892 RSUs and represents his outstanding RSU-based right to receive an equivalent number of Canadian Solar common shares over time, subject to vesting.