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

Rhea-AI Filing Summary

Form 4 disclosure: RENDUCHINTALA VENKATA S M, a director of First Solar, Inc. (FSLR), was granted 205 shares of common stock as quarterly equity compensation on 09/30/2025 at $0 per share. After the grant the reporting person beneficially owned 1,470 shares of First Solar common stock in a direct ownership form. The filing identifies the grant as director compensation to a non-associate director. The Form 4 was filed as a single-person report and bears an electronic signature by an attorney-in-fact dated 10/01/2025.

Positive

• Director compensation disclosed transparently: 205 shares granted and clearly described as quarterly equity compensation to a non-associate director.
• No cash outlay by reporting person: Grant recorded at $0 per share, indicating issuance under the company compensation plan rather than a financed purchase.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity grant; minimal investor impact given small share amount.

The Form 4 documents a standard quarterly equity grant of 205 shares to a non-associate director, recorded as compensation with no cash paid. The post-transaction beneficial ownership of 1,470 shares indicates this is a relatively small holding versus a typical public company float. There are no derivative transactions, disposals, or changes to control disclosed. For investors, this is a governance/compensation disclosure rather than a signal of material corporate change.

Corporate Governance Expert

TL;DR: Corporate governance routine: standard in-kind director compensation disclosed timely.

The filing complies with Section 16 reporting for an insider director and explains the shares are quarterly equity compensation for non-associate directors. The zero price per share reflects an issuance under a director compensation plan rather than an open-market purchase. No indications of unusual timing, related-party transactions, or associated derivative activity are present. This is a routine disclosure with no evident governance red flags.

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^*

RENDUCHINTALA VENKATA S 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	1,470	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 did the Form 4 filed for FSLR on 10/01/2025 report?

The Form 4 reports that director RENDUCHINTALA VENKATA S M received 205 shares of First Solar common stock on 09/30/2025 as quarterly equity compensation.

How many First Solar (FSLR) shares does the reporting director own after the grant?

The reporting person beneficially owned 1,470 shares of First Solar common stock following the reported transaction.

Was any cash paid for the shares in the Form 4 filing?

No. The transaction is reported with a $0 price per share, indicating the shares were issued as compensation.

Does the Form 4 show any option exercises or derivative transactions for FSLR?

No. Table II for derivative securities shows no entries; only a non-derivative common stock grant is reported.

Who filed the Form 4 on behalf of the reporting person?

The form shows an electronic signature by Jason E. Dymbort, attorney-in-fact, dated 10/01/2025.