First Solar (FSLR) exec sells shares to cover RSU taxes
Rhea-AI Filing Summary
FIRST SOLAR, INC. (FSLR) executive Samantha L. Sloan reported equity compensation activity and a small related sale. On August 14, 2026, 437 restricted stock units vested and were converted into 437 shares of common stock, leaving 1,314 restricted stock units outstanding from that grant. On August 17, 2026, 127 common shares were sold at $222.95 per share, with the company noting these shares were sold to satisfy tax withholding obligations tied to the RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Sloan Samantha L.
Role
EVP, Corporate Affairs
Sold
127 shs ($28K)
Approx. gross sale proceeds
$28K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 127 | $222.95 | $28K |
| Exercise | Restricted Stock Units F3, F4 | 437 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 437 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,314 shares (Direct);
Common Stock — 2,018 shares (Direct)
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on August 15, 2025.
- F2. Represents shares of common stock sold to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- F3. Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
- F4. The restricted stock units were granted on August 15, 2025 as part of the Issuer's incentive program to the Reporting Person. The restricted stock units granted on August 15, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
Key Figures
Shares sold: 127 shares
Sale price: $222.95 per share
RSUs converted: 437 units
+2 more
5 metrics
Shares sold
127 shares
Common stock sale on August 17, 2026
Sale price
$222.95 per share
Common stock sale of 127 shares on August 17, 2026
RSUs converted
437 units
Restricted stock units vested and converted into common stock on August 14, 2026
Common shares acquired
437 shares
Shares received upon RSU vesting on August 14, 2026 at $0.00
RSUs remaining
1,314 units
Restricted stock units outstanding after August 14, 2026 vesting from August 15, 2025 grant
Key Terms
Restricted Stock Units, tax withholding obligations, Omnibus Incentive Compensation Plan
3 terms
Restricted Stock Units financial
"Represents shares of common stock issued upon vesting of 25% of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares of common stock sold to satisfy certain tax withholding obligations"
Omnibus Incentive Compensation Plan financial
"in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan"
An omnibus incentive compensation plan is a single, flexible program that lets a company grant different kinds of pay — such as cash bonuses, stock options, restricted stock, or performance awards — to employees, executives and directors. Investors care because the plan affects how much ownership can be given away (dilution), how much the company spends on pay, and whether executives’ goals are aligned with shareholders, much like a menu that decides what rewards staff can pick and how costly they are.
FAQ
What insider transactions did FSLR executive Samantha L. Sloan report on this Form 4?
Samantha L. Sloan reported 437 RSUs vesting into 437 common shares on August 14, 2026, and a sale of 127 common shares at $222.95 on August 17, 2026, primarily to cover tax withholding obligations.
What equity award activity did Samantha L. Sloan report for FSLR on August 14, 2026?
On August 14, 2026, 437 restricted stock units vested and converted into 437 shares of First Solar common stock. These RSUs are part of an award granted on August 15, 2025 under the 2020 Omnibus Incentive Compensation Plan.
How many restricted stock units does Samantha L. Sloan still hold in FSLR from the 2025 grant?
After the August 14, 2026 vesting and conversion, she holds 1,314 restricted stock units from the August 15, 2025 grant. These RSUs vest annually at a rate of 25% on each anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.