First Solar CFO RSU Vesting and Tax Share Sale
First Solar Chief Financial Officer Alexander R. Bradley reported routine equity compensation activity and related tax settlement.
Rhea-AI Filing Summary
First Solar Chief Financial Officer Alexander R. Bradley reported routine equity compensation activity and related tax settlement. On May 4, 1,210 restricted stock units granted on May 1, 2025 vested, issuing the same number of common shares under the company’s 2020 Omnibus Incentive Compensation Plan.
In connection with this vesting, 498 common shares were sold by the company to satisfy tax withholding obligations, rather than as a discretionary open-market sale. Following these transactions, Bradley directly holds 30,712 shares of First Solar common stock and 3,630 restricted stock units that continue to vest in 25% annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 498 | $215.63 | $107K |
| Exercise | Restricted Stock Units | 1,210 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,210 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.
- 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 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
Key Terms
restricted stock units financial
tax withholding obligations financial
2020 Omnibus Incentive Compensation Plan financial
FAQ
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What insider transactions did First Solar (FSLR) report for its CFO?
What restricted stock unit grant is involved in this First Solar (FSLR) Form 4?
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