First Solar (FSLR) CCO reports RSU vesting and 245-share tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Solar, Inc. Chief Commercial Officer Georges Antoun reported routine equity compensation activity and related tax share sales. On March 13, 2026, 587 restricted stock units granted on March 15, 2022 vested, converting into 587 shares of common stock under the company’s 2020 Omnibus Incentive Compensation Plan. The 2022 grant is scheduled to vest in 20% annual installments on each anniversary of the grant date. On March 16, 2026, 245 shares of common stock were sold by the issuer at $200.80 per share to satisfy tax withholding obligations tied to this vesting, rather than as a discretionary open-market sale. Following these transactions, Antoun directly holds 19,126 shares of First Solar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 245 shares ($49,196)
Net Sell
3 txns
Insider
ANTOUN GEORGES
Role
Chief Commercial Officer
Sold
245 shs ($49K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 245 | $200.80 | $49K |
| Exercise | Restricted Stock Units | 587 | $0.00 | -- |
| Exercise | Common Stock | 587 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,126 shares (Direct);
Restricted Stock Units — 587 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022. 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 March 15, 2022 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 15, 2022 are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
FAQ
What insider transactions did First Solar (FSLR) report for Georges Antoun?
Georges Antoun reported vesting of restricted stock units and a related tax share sale. On March 13, 2026, 587 RSUs vested into common shares. On March 16, 2026, 245 shares were sold by the issuer to cover tax withholding obligations from that vesting.
What is the vesting schedule of Georges Antoun’s 2022 First Solar (FSLR) RSU grant?
The March 15, 2022 RSU grant vests 20% each year. The restricted stock units are scheduled to vest annually at a 20% rate on each anniversary of the grant date, beginning with the first anniversary, subject to the terms of First Solar’s 2020 Omnibus Incentive Compensation Plan.
What plan governs the restricted stock units in this First Solar (FSLR) Form 4?
The restricted stock units are issued under First Solar’s 2020 Omnibus Incentive Compensation Plan. Each RSU represents the right to receive one share of common stock upon vesting, aligning executive compensation with the company’s share performance over time.