First Solar exec RSUs vest; shares used for tax
First Solar, Inc. reported a Form 4 for executive Caroline Stockdale, its Chief People and Communications Officer.
Rhea-AI Filing Summary
First Solar, Inc. reported a Form 4 for executive Caroline Stockdale, its Chief People and Communications Officer. On May 4, 2026, 622 restricted stock units granted on May 1, 2025 vested, converting into the same number of common shares under the company’s 2020 Omnibus Incentive Compensation Plan.
In connection with this vesting, 262 common shares were sold by the company at $215.63 per share to satisfy tax withholding obligations, a non‑discretionary transaction. After these events, Stockdale directly holds 34,420 shares of First Solar common stock and 1,867 restricted stock units that will vest over future anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Stockdale Caroline
Role
Chief People and Comm. Officer
Sold
262 shs ($56K)
Approx. gross sale proceeds
$56K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 262 | $215.63 | $56K |
| Exercise | Restricted Stock Units | 622 | $0.00 | $0.00 |
| Exercise | Common Stock | 622 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,867 contracts (Direct);
Common Stock — 34,420 shares (Direct)
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
Shares sold for tax withholding: 262 shares at $215.63
RSUs vested: 622 restricted stock units
Common shares held after transaction: 34,420 shares
+2 more
5 metrics
Shares sold for tax withholding
262 shares at $215.63
Common stock sold by issuer to cover tax on RSU vesting
RSUs vested
622 restricted stock units
25% of RSUs granted May 1, 2025 vested on May 4, 2026
Common shares held after transaction
34,420 shares
Direct First Solar common stock holdings after reported transactions
Remaining RSUs
1,867 restricted stock units
Unvested RSUs remaining after the 25% vesting installment
Grant vesting schedule
25% annually
RSUs granted May 1, 2025 vest 25% on each anniversary of grant
Key Terms
restricted stock units, tax withholding obligations, 2020 Omnibus Incentive Compensation Plan, annual equity grant, +1 more
5 terms
restricted stock units financial
"Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units."
2020 Omnibus Incentive Compensation Plan financial
"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."
annual equity grant financial
"The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers."
anniversary of the grant date financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Solar (FSLR) report for Caroline Stockdale?
First Solar reported that executive Caroline Stockdale had 622 restricted stock units vest into common shares. In connection with this vesting, some shares were sold by the company to cover tax withholding obligations, and her direct common stock holdings were updated accordingly.
How many First Solar (FSLR) restricted stock units vested for Caroline Stockdale?
A total of 622 restricted stock units vested for Caroline Stockdale. These units represent 25% of an annual equity grant awarded on May 1, 2025, which vests in four equal installments on each anniversary of the grant date under First Solar’s 2020 Omnibus Incentive Compensation Plan.
What plan governs Caroline Stockdale’s First Solar (FSLR) restricted stock units?
Caroline Stockdale’s restricted stock units are issued under First Solar’s 2020 Omnibus Incentive Compensation Plan. Each unit entitles her to receive one share of common stock upon vesting, with the grant from May 1, 2025 vesting in four equal annual installments on each anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
