First Solar (NASDAQ: FSLR) CCO reports RSU vesting and tax-related share sale

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

First Solar Chief Commercial Officer Georges Antoun reported routine equity compensation activity. On May 4, 2026, 1,358 restricted stock units vested and converted into the same number of First Solar common shares under the company’s 2020 Omnibus Incentive Compensation Plan.

In connection with this vesting, 566 common shares were sold by First Solar on May 5, 2026 to satisfy tax withholding obligations, rather than as a discretionary open‑market sale by Antoun. After these transactions, he directly holds 19,918 First Solar common shares and 4,074 restricted stock units.

Insider Trade Summary

Net Seller: 566 shares ($122,047)

Net Sell 3 txns

Insider ANTOUN GEORGES

Role Chief Commercial Officer

Sold 566 shs ($122K)

Type	Security	Shares	Price	Value
Sale	Common Stock	566	$215.63	$122K
Exercise	Restricted Stock Units	1,358	$0.00	--
Exercise	Common Stock	1,358	$0.00	--

Holdings After Transaction: Common Stock — 19,918 shares (Direct, null); Restricted Stock Units — 4,074 shares (Direct, null)

Footnotes (1)

Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units. 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. The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on May 1, 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 for taxes: 566 shares Sale price per share: $215.63/share RSUs vested: 1,358 units +3 more

6 metrics

Shares sold for taxes 566 shares Common stock sold on May 5, 2026 to satisfy tax withholding obligations

Sale price per share $215.63/share Price for 566 common shares sold on May 5, 2026

RSUs vested 1,358 units Restricted stock units vested and converted to common shares on May 4, 2026

Common shares held after 19,918 shares Direct First Solar common stock holdings following reported transactions

RSUs remaining 4,074 units Restricted stock units held after the vesting and related transactions

Grant vesting rate 25% annually RSUs granted May 1, 2025 vest 25% on each anniversary of grant date

Key Terms

Restricted Stock Units, tax withholding obligations, derivative security, 2020 Omnibus Incentive Compensation Plan

4 terms

Restricted Stock Units financial

"Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025."

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

"Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units."

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.

2020 Omnibus Incentive Compensation Plan financial

"one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan."

Form 4 Insider Transactions: What Each Field Means →

05/05/2026 - 08:00 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ANTOUN GEORGES

(Last)

(First)

(Middle)

C/O FIRST SOLAR, INC.

4300 E CAMELBACK ROAD, SUITE 220

(Street)

PHOENIX

ARIZONA

85018

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST SOLAR, INC. [ FSLR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Commercial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/04/2026		M		1,358⁽¹⁾	A	$0	20,484	D
Common Stock	05/05/2026		S		566⁽²⁾	D	$215.63	19,918	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾	05/04/2026		M			1,358	⁽⁴⁾	⁽⁴⁾	Common Stock	1,358	$0	4,074	D

Explanation of Responses:

1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.

2. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.

3. 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.

4. The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on May 1, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.

	/s/ Jason E. Dymbort, attorney-in-fact	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did FSLR Chief Commercial Officer Georges Antoun report?

Georges Antoun reported RSU vesting and related share sales. On May 4, 2026, 1,358 restricted stock units vested into common shares. On May 5, 2026, 566 of those shares were sold by First Solar to cover tax withholding obligations tied to the vesting event.

How many First Solar (FSLR) shares does Georges Antoun hold after this Form 4?

After the reported transactions, Georges Antoun directly holds 19,918 First Solar common shares. He also holds 4,074 restricted stock units, each representing a right to receive one share of common stock upon future vesting under the company’s 2020 Omnibus Incentive Compensation Plan.

Were the FSLR shares sold by Georges Antoun discretionary open-market sales?

The 566 common shares were sold by First Solar to satisfy tax withholding obligations from RSU vesting, according to footnotes. This indicates the sale was a tax-related mechanism tied to compensation, rather than a discretionary open-market decision by Antoun to reduce his investment position.

What restricted stock unit grant is involved in Georges Antoun’s FSLR Form 4 filing?

The filing involves restricted stock units granted on May 1, 2025 as part of First Solar’s annual equity grant to executive officers. These RSUs vest 25% on each anniversary of the grant date, and the reported 1,358-unit vesting represents one such 25% tranche.

How do the FSLR restricted stock units reported by Georges Antoun work?

Each restricted stock unit entitles Antoun to receive one share of First Solar common stock upon vesting. The units were granted under the 2020 Omnibus Incentive Compensation Plan and vest in four equal annual installments, aligning executive compensation with long-term company performance and service.