[144] First Solar, Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filed for First Solar, Inc. (FSLR) reports a proposed sale of 2,321 common shares through Fidelity Brokerage Services on 08/15/2025 with an aggregate market value of $462,887.29 and approximately 107,247,651 shares outstanding. The filing shows those shares were acquired via restricted stock vesting on 02/26/2025 (129 shares) and 03/06/2025 (2,192 shares) as compensation. The form also discloses recent open-market insider sales by Mark Widmar: 23,912 shares on 08/12/2025 for $4,435,095.24 and 3,796 shares on 08/13/2025 for $710,582.09. The filer affirms no undisclosed material adverse information.

Positive

• Filing complies with Rule 144 disclosure requirements and identifies acquisition dates and nature of acquisition (restricted stock vesting).
• Insider attestation that no undisclosed material adverse information exists, providing investor transparency.

Negative

• Significant insider sales reported: 23,912 shares on 08/12/2025 and 3,796 shares on 08/13/2025, totaling 27,708 shares and roughly $5.15 million in proceeds.
• Planned sale of vested restricted shares (2,321 shares) could be interpreted by some investors as insider liquidity rather than long-term holding.

Insights

Corporate Governance Expert

TL;DR: Insider disclosed planned sale of vested restricted shares and recent significant open-market sales, reflecting routine liquidity rather than disclosed operational issues.

The Form 144 documents a scheduled sale of newly vested restricted stock alongside sizable prior market disposals by a named insider, Mark Widmar. Compliance with Rule 144 and the explicit representation about no undisclosed material information are affirmative governance signals. The prior sales on 08/12 and 08/13, totaling 27,708 shares and nearly $5.15 million in proceeds, are material from a disclosure perspective and should be monitored for patterns, but the filing itself shows transactions were either planned or reported post-trade as required.

Securities Analyst

TL;DR: Insider liquidity actions concentrated in August 2025 could exert modest pressurized supply, but the disclosed amounts are small relative to outstanding shares.

The proposed sale of 2,321 shares valued at $462,887 is immaterial to the company's equity base of ~107.25 million shares (~0.002% of outstanding). However, the aggregate prior sales of 27,708 shares for ~$5.15 million represent larger absolute cash amounts but remain a very small fraction of total float. From a trading-impact viewpoint, these transactions are unlikely to move the stock materially but are relevant for short-term volume and insider-sentiment analysis.

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

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	2321	462887.29	107247651	08/15/2025	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	02/26/2025	Restricted Stock Vesting	Issuer			129	02/26/2025	Compensation
Common	03/06/2025	Restricted Stock Vesting	Issuer			2192	03/06/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Mark Widmar 350 West Washington Street Suite 600 Tempe AZ 85288	Common	08/12/2025	23912	4435095.24
Mark Widmar 350 West Washington Street Suite 600 Tempe AZ 85288	Common	08/13/2025	3796	710582.09

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 the Form 144 filed for First Solar (FSLR) disclose?

It discloses a proposed sale of 2,321 common shares on 08/15/2025 valued at $462,887.29, acquisition via restricted stock vesting, and recent insider sales by Mark Widmar totaling 27,708 shares.

Who conducted the proposed sale for the FSLR Form 144?

The broker listed is Fidelity Brokerage Services LLC and the notice identifies the shares as to be sold for the account of an individual who acquired the shares via restricted stock vesting.

How many shares did Mark Widmar sell recently according to this filing?

According to the filing, Mark Widmar sold 23,912 shares on 08/12/2025 and 3,796 shares on 08/13/2025, with gross proceeds of $4,435,095.24 and $710,582.09, respectively.

Were the shares to be sold acquired as compensation or purchase?

The shares reported for sale were acquired through restricted stock vesting on 02/26/2025 (129 shares) and 03/06/2025 (2,192 shares) and paid as compensation.

Does the filing state any undisclosed material information about First Solar (FSLR)?

No; the person filing attests by signature that they do not know of any material adverse information about the issuer that has not been publicly disclosed.