[Form 4] FIRST SOLAR, INC. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 summary: Anita M. George, a director of First Solar, Inc. (FSLR), was granted 205 shares of common stock as quarterly equity compensation on 09/30/2025 at no cash price. Following the grant she beneficially owns 4,627 shares in a direct ownership form. The filing lists her relationship to the issuer as a Director and the Form 4 was signed on behalf of the reporting person by attorney-in-fact Jason E. Dymbort on 10/01/2025. The explanation on the form states these shares represent the issuer's quarterly equity compensation for non-associate directors.

Insights

Corporate Governance Expert

TL;DR: Routine director equity grant aligns compensation with shareholder interests; no unusual terms disclosed.

The Form 4 documents a standard, nondiscretionary equity grant to a non-employee director. The award of 205 shares at $0 appears to be part of regular quarterly compensation for non-associate directors and increases the director's direct stake to 4,627 shares. There is no indication of derivative transactions, accelerated vesting, or unusual pricing. For governance assessment, this is a common practice to tie director incentives to equity performance and does not by itself signal material change to control or compensation policy.

Securities Analyst

TL;DR: Small, routine share grant; immaterial to company capitalization but relevant for insider holdings disclosure.

The transaction recorded is a non-derivative acquisition of 205 common shares executed on 09/30/2025 with a reported price of $0, consistent with equity compensation issuance. Post-transaction direct beneficial ownership is 4,627 shares, which is a modest holding relative to typical institutional stakes and unlikely to affect market liquidity or share supply. The filing provides clear disclosure of the transaction date, amount, and ownership form, meeting Section 16 reporting requirements.

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

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

1. Name and Address of Reporting Person^*

George Anita M.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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	09/30/2025		A		205(1)	A	$0	4,627	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

Explanation of Responses:

1. The shares granted represent the quarterly equity compensation paid to the Issuer's non-associate directors.

	/s/ Jason E. Dymbort, attorney-in-fact	10/01/2025
	** 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 transaction was reported for First Solar (FSLR)?

The Form 4 reports a non-derivative acquisition of 205 shares of common stock by Anita M. George on 09/30/2025.

What was the reported price for the shares on the Form 4?

The shares are reported with a price of $0, indicating they were issued as equity compensation.

How many First Solar shares does the reporting person own after the transaction?

Following the reported transaction, Anita M. George beneficially owns 4,627 shares in direct ownership form.

What is the reporting person's relationship to First Solar (FSLR)?

The filing lists Anita M. George as a Director of First Solar and a Form filed by one reporting person.

Who signed the Form 4 and when?

The Form 4 is signed on behalf of the reporting person by attorney-in-fact Jason E. Dymbort on 10/01/2025.