RSU vesting and 303-share tax sale at First Solar (NASDAQ: FSLR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST SOLAR, INC. executive Samantha L. Sloan, EVP of Corporate Affairs, reported a combination of restricted stock unit activity and related share dispositions. On March 6, 2026, several prior RSU grants partially vested, issuing multiple blocks of common stock, and she also received a new award of 1,692 restricted stock units as part of the annual equity program for executive officers. Following these vestings and exercises, her common stock holdings increased. On March 9, 2026, a total of 303 shares of common stock at $190.36 per share were sold by the issuer to satisfy tax withholding obligations tied to the RSU vesting, rather than as a discretionary open-market sale. After these transactions, Sloan directly holds 1,523 shares of First Solar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 303 shares ($57,679)
Net Sell
13 txns
Insider
Sloan Samantha L.
Role
EVP, Corporate Affairs
Sold
303 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 106 | $190.36 | $20K |
| Sale | Common Stock | 61 | $190.36 | $12K |
| Sale | Common Stock | 62 | $190.36 | $12K |
| Sale | Common Stock | 74 | $190.36 | $14K |
| Exercise | Restricted Stock Units | 244 | $0.00 | -- |
| Exercise | Restricted Stock Units | 124 | $0.00 | -- |
| Exercise | Restricted Stock Units | 142 | $0.00 | -- |
| Exercise | Restricted Stock Units | 171 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,692 | $0.00 | -- |
| Exercise | Common Stock | 244 | $0.00 | -- |
| Exercise | Common Stock | 124 | $0.00 | -- |
| Exercise | Common Stock | 142 | $0.00 | -- |
| Exercise | Common Stock | 171 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,720 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2023. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2024. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2025. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units. 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. The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2023 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 6, 2025 as part of the Issuer's annual equity grant to certain associates. The restricted stock units granted on March 6, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date. The restricted stock units were granted on March 6, 2026 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2026 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
FAQ
What did First Solar (FSLR) EVP Samantha Sloan report in this Form 4?
Samantha L. Sloan reported multiple restricted stock unit vestings that issued common shares, a new grant of 1,692 RSUs, and the sale of 303 shares at $190.36 each to cover tax withholding obligations from those vestings.
Did Samantha Sloan of First Solar make open-market sales of FSLR stock?
The Form 4 shows transactions coded as sales, but a footnote explains the 303 shares were sold by the issuer to satisfy tax withholding obligations on vested RSUs, rather than representing a discretionary open-market sale by Samantha Sloan.
What new equity award did First Solar grant to Samantha Sloan in 2026?
On March 6, 2026, Samantha Sloan received a grant of 1,692 restricted stock units under First Solar’s 2020 Omnibus Incentive Compensation Plan. Each restricted stock unit represents the right to receive one share of common stock upon future vesting.
How do Samantha Sloan’s RSU vestings relate to earlier First Solar grant dates?
The vesting shares reported in this Form 4 stem from RSU grants made on March 6 of 2021, 2023, 2024, and 2025. Each grant vests in annual installments, with portions vesting on March 6, 2026 as part of First Solar’s ongoing equity compensation program.