First Solar CTO reports RSU vesting, tax share sale
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Rhea-AI Filing Summary
FIRST SOLAR, INC. Chief Technology Officer Markus Gloeckler reported routine equity compensation activity tied to previously granted restricted stock units. On March 13, 2026, 854 restricted stock units from a March 15, 2022 grant vested and were converted into 854 shares of common stock at a conversion price of $0.00 per share under the company’s 2020 Omnibus Incentive Compensation Plan.
In connection with this vesting, 368 common shares were sold by the company on March 16, 2026 at $200.80 per share to satisfy tax withholding obligations, a non-discretionary transaction. After these events, Gloeckler directly owned 10,348 shares of common stock and 853 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 368 | $200.80 | $74K |
| Exercise | Restricted Stock Units | 854 | $0.00 | $0.00 |
| Exercise | Common Stock | 854 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022.
- F2. Represents shares of common stock sold by the Issuer 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 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FSLR CTO Markus Gloeckler report?
Was the FSLR CTO’s Form 4 transaction a discretionary stock sale?
What is the origin and vesting schedule of the CTO’s FSLR restricted stock units?
How many restricted stock units vested for the FSLR CTO in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.