FSLR Form 144: Insider proposes sale of 1,824 vested shares valued ~$393K

Rhea-AI Filing Summary

First Solar, Inc. (FSLR) filing a Form 144 notifies the proposed sale of 1,824 common shares held by an insider through Fidelity Brokerage Services on or about 08/19/2025 on NASDAQ. The filing states an aggregate market value of $392,761.92 and total shares outstanding of 107,247,651, indicating the sale represents a very small fraction of the company's outstanding stock. The shares were acquired via restricted stock vesting across 2023 and 2024 as compensation (individual lots of 22, 963, 417 and 422 shares). The filer reports no other sales in the past three months and affirms no undisclosed material information.

Insights

Securities Analyst

TL;DR: Insider intends to sell a small block of vested restricted shares; size appears immaterial relative to outstanding equity.

The Form 144 details a proposed sale of 1,824 common shares valued at approximately $392,762 via Fidelity, representing a minimal percentage of First Solar's 107.25 million shares outstanding. The holdings were obtained through restricted stock vesting in 2023 and 2024 as compensation. There are no reported sales in the prior three months and no additional disclosures of material nonpublic information. From a market-impact perspective, the transaction is routine and unlikely to affect liquidity or valuation materially.

Corporate Governance Expert

TL;DR: Transaction reflects routine insider liquidity from vested compensation; disclosure complies with Rule 144 mechanics.

The filing provides required mechanics: broker, proposed sale date, acquisition method, and compensation origin for each lot. The seller attests to absence of undisclosed material information and there is no indication of concurrent leadership change or unusual pattern of disposals. Governance-wise, this appears to be standard compliance with resale rules for previously restricted awards and does not signal a governance concern based on the disclosed facts.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1824	392761.92	107247651	08/19/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/01/2023	Restricted Stock Vesting	Issuer			22	03/01/2023	Compensation
Common	03/06/2023	Restricted Stock Vesting	Issuer			963	03/06/2023	Compensation
Common	03/15/2023	Restricted Stock Vesting	Issuer			417	03/15/2023	Compensation
Common	03/06/2024	Restricted Stock Vesting	Issuer			422	03/06/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does First Solar's (FSLR) Form 144 disclose?

The filing discloses a proposed sale of 1,824 common shares via Fidelity on or about 08/19/2025, with aggregate market value of $392,761.92.

How were the shares acquired that are being sold?

The shares were acquired through restricted stock vesting as compensation on dates in 2023 and 2024 (lots of 22, 963, 417, 422 shares).

Is this sale large relative to First Solar's outstanding shares?

No; the filing lists 107,247,651 shares outstanding, so 1,824 shares represent a negligible fraction of the total.

Did the filer report other sales in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months by the filer.

Does the filing indicate any undisclosed material information?

The filer signs a representation that they do not know any material adverse information about the issuer that has not been publicly disclosed.