First Solar (FSLR) manufacturing chief sells 3,671 shares under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

FIRST SOLAR, INC. Chief Manufacturing Officer Kuntal Kumar Verma reported selling shares of the company’s Common Stock in a series of open-market transactions. On May 13, 2026, he sold 1,455 shares at $240.00 per share. On May 11, 2026, he sold 1,864 shares at $225.00 per share and 352 shares at $230.00 per share.

Across these three trades, Verma sold a total of 3,671 shares and held 5,549 shares of Common Stock directly after the most recent transaction. The filing notes that at least one of the transactions was carried out under a Rule 10b5-1 trading plan previously adopted by Verma.

Insider Trade Summary 10b5-1

Net Seller: 3,671 shares ($849,560)

Net Sell 3 txns

Insider Verma Kuntal Kumar

Role Chief Manufacturing Officer

Sold 3,671 shs ($850K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,455	$240.00	$349K
Sale	Common Stock	1,864	$225.00	$419K
Sale	Common Stock	352	$230.00	$81K

Holdings After Transaction: Common Stock — 5,549 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Total shares sold: 3,671 shares Shares sold on May 13, 2026: 1,455 shares at $240.00/share Shares sold on May 11, 2026 (1): 1,864 shares at $225.00/share +3 more

6 metrics

Total shares sold 3,671 shares Net shares sold across three open-market transactions in May 2026

Shares sold on May 13, 2026 1,455 shares at $240.00/share Open-market sale of Common Stock

Shares sold on May 11, 2026 (1) 1,864 shares at $225.00/share Open-market sale of Common Stock

Shares sold on May 11, 2026 (2) 352 shares at $230.00/share Open-market sale of Common Stock

Shares held after transactions 5,549 shares Direct holdings of Common Stock following latest reported sale

Reported sell transactions 3 transactions All coded as “S” for sale of non-derivative Common Stock

Key Terms

Rule 10b5-1 trading plan, open-market sale, Common Stock

3 terms

Rule 10b5-1 trading plan regulatory

"This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: "open-market sale" and code "S" for each transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock" for all reported transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 04:02 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Verma Kuntal Kumar

(Last)

(First)

(Middle)

C/O FIRST SOLAR, INC.

4300 E CAMELBACK ROAD, SUITE 220

(Street)

PHOENIX

ARIZONA

85018

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST SOLAR, INC. [ FSLR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026⁽¹⁾		S		1,864	D	$225	7,356	D
Common Stock	05/11/2026⁽¹⁾		S		352	D	$230	7,004	D
Common Stock	05/13/2026⁽¹⁾		S		1,455	D	$240	5,549	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 26, 2025.

	/s/ Jason E. Dymbort, attorney-in-fact	05/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did First Solar (FSLR) insider Kuntal Kumar Verma report in this Form 4?

Kuntal Kumar Verma, Chief Manufacturing Officer of First Solar, reported open-market sales of company Common Stock. He sold multiple share blocks on May 11 and May 13, 2026, and disclosed his remaining direct holdings after these transactions.

How many First Solar (FSLR) shares did Kuntal Kumar Verma sell and at what prices?

Verma sold a total of 3,671 First Solar Common Stock shares. He sold 1,864 shares at $225.00, 352 shares at $230.00, and 1,455 shares at $240.00 per share in open-market transactions during May 2026.

What are Kuntal Kumar Verma’s First Solar (FSLR) holdings after these transactions?

After the most recent reported sale, Kuntal Kumar Verma directly holds 5,549 shares of First Solar Common Stock. This post-transaction balance reflects all Form 4 transactions disclosed for May 11 and May 13, 2026, in the filing.

Were Kuntal Kumar Verma’s First Solar (FSLR) stock sales pre-planned under Rule 10b5-1?

At least one transaction was conducted under a pre-arranged Rule 10b5-1 trading plan. The footnote states it was effected pursuant to a plan previously adopted by Verma on November 26, 2025, indicating the sale was scheduled in advance.

What type of transactions did First Solar (FSLR) insider Kuntal Kumar Verma execute?

All reported transactions were open-market sales of First Solar Common Stock. The Form 4 uses transaction code “S” and describes them as sales in open market or private transactions, with no derivative exercises or tax-withholding entries reported.

Does this First Solar (FSLR) Form 4 include any derivative securities activity?

No derivative securities are reported in this Form 4. The derivativeSummary section is empty, and all three transactions involve non-derivative Common Stock, classified as open-market sales under transaction code “S.”