First Solar officer reports share grant and tax sale
FIRST SOLAR, INC. executive Caroline Stockdale, Chief People and Communications Officer, reported changes in her direct ownership of common stock.
Rhea-AI Filing Summary
FIRST SOLAR, INC. executive Caroline Stockdale, Chief People and Communications Officer, reported changes in her direct ownership of common stock. She acquired 3,532 shares on a grant/award basis upon the vesting of performance share units that were granted on March 6, 2023, following an approximately three-year performance period tied to specific performance objectives. In connection with this vesting, 1,650 shares were sold by the company to cover tax withholding obligations at a price of $195.93 per share. After these transactions, she directly held 32,200 shares of First Solar common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,650 | $195.93 | $323K |
| Grant/Award | Common Stock | 3,532 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the acquisition of shares of common stock issued upon the vesting of the performance share units granted on March 6, 2023, which performance share unit awards vested over an approximately three-year performance period contingent upon the achievement of certain performance objectives.
- F2. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the performance share units.
FAQ
What insider transactions did First Solar (FSLR) report for Caroline Stockdale?
First Solar reported that Caroline Stockdale received 3,532 shares of common stock from vesting performance share units and had 1,650 shares sold to cover tax withholding. These changes reflect equity compensation and related tax settlement rather than open-market trading.
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