[Form 4] First Solar, Inc. Insider Trading Activity

Rhea-AI Filing Summary

First Solar insider transactions by Samantha L. Sloan

Samantha L. Sloan, an Executive Vice President at First Solar (FSLR), had restricted stock units vest on 08/29/2025 converting to 469 shares of common stock. Following that vesting the filing reports a beneficial ownership of 1,030 shares before a subsequent sale. On 09/02/2025 Sloan sold 140 shares at a price of $188.47 per share to satisfy tax-withholding obligations, leaving 890 shares reported as beneficially owned. The RSUs were originally granted on 09/01/2022 and vest at 20% per year on each anniversary.

Insights

Securities Analyst

TL;DR: Routine vesting and tax-related sale by an executive; not a material change to control.

The reported activity shows standard equity compensation mechanics: 469 restricted stock units vested and converted to common shares, and 140 of those shares were sold at $188.47 to cover tax withholding. The transactions are consistent with plan terms (RSUs granted 09/01/2022 vesting 20% annually). There is no indication of additional open-market purchases or disposals beyond the withholding sale, and beneficial ownership remains below levels that would suggest a change in control or major shift in insider conviction.

Corporate Governance Expert

TL;DR: Disclosure is complete for the actions reported and aligns with standard insider reporting expectations.

The Form 4 discloses the vesting event and the corresponding sale to satisfy tax obligations, including dates, amounts, and sale price. It also references the issuer's 2020 Omnibus Incentive Compensation Plan and the original grant date, which provides necessary context for compliance and governance review. No regulatory exceptions or unexplained transfers are shown.

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
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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^*

Sloan Samantha L.

(Last) (First) (Middle)

C/O FIRST SOLAR, INC.

350 WEST WASHINGTON STREET, SUITE 600

(Street)

TEMPE AZ 85288

(City) (State) (Zip)

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)
	EVP, Corporate Affairs

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/29/2025		M		469	A	$0	1,030	D
Common Stock	09/02/2025		S		140(1)	D	$188.47	890	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/29/2025		M			469	(3)	(3)	Common Stock	469	$0	938	D

Explanation of Responses:

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

2. 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.

3. The restricted stock units were granted on September 1, 2022 as part of the Issuer's incentive program to certain associates. The restricted stock units granted on September 1, 2022 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.

	/s/ Jason E. Dymbort, attorney-in-fact	09/03/2025
	** 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.

FAQ

What insider transactions were reported for FSLR by Samantha L. Sloan?

The report shows 469 RSUs vested on 08/29/2025 converting into common shares and a sale of 140 shares on 09/02/2025 at $188.47 per share to satisfy tax withholding.

How many shares does Samantha L. Sloan beneficially own after these transactions?

The Form 4 reports 890 shares beneficially owned following the 09/02/2025 sale.

When were the restricted stock units originally granted and what is the vesting schedule?

The RSUs were granted on 09/01/2022 and vest annually at a rate of 20% on each anniversary of the grant date.

Why were 140 shares sold according to the filing?

The filing states the sale of 140 shares was made to satisfy certain tax withholding obligations arising from the vesting of the restricted stock units.

Was the sale part of a Rule 10b5-1 plan or a planned disposition?

The Form 4 does not indicate the transaction was made pursuant to a Rule 10b5-1 plan; it identifies the sale as tax-withholding on vesting.