STOCK TITAN

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

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

FIRST SOLAR, INC. insider activity: Chief Manufacturing Officer Kuntal Kumar Verma sold 270 shares of Common Stock in an open-market transaction on May 6, 2026 at an average price of $218.16 per share. Following this sale, Verma directly holds 9,220 shares of First Solar stock. The transaction was effected pursuant to a previously adopted Rule 10b5-1 trading plan dated November 26, 2025, indicating it was pre-scheduled rather than a discretionary trade.

Positive

  • None.

Negative

  • None.
Insider Verma Kuntal Kumar
Role Chief Manufacturing Officer
Sold 270 shs ($59K)
Type Security Shares Price Value
Sale Common Stock 270 $218.16 $59K
Holdings After Transaction: Common Stock — 9,220 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 270 shares Open-market sale of Common Stock on May 6, 2026
Sale price $218.16 per share Average price for the 270 shares sold
Shares owned after sale 9,220 shares Direct holdings following the reported transaction
Transaction code S Sale in open market or private transaction
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
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""
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""
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 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Manufacturing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026(1)S270D$218.169,220D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-fact05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

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

Chief Manufacturing Officer Kuntal Kumar Verma reported an open-market sale of 270 shares of First Solar Common Stock. The sale occurred at an average price of $218.16 per share and was executed under a pre-established Rule 10b5-1 trading plan.

How many First Solar (FSLR) shares did Verma sell and at what price?

Verma sold 270 shares of First Solar Common Stock in a single open-market transaction. The reported average sale price was $218.16 per share, reflecting the trading price at which the disposition occurred on May 6, 2026.

How many First Solar (FSLR) shares does Verma hold after this transaction?

After the reported sale, Verma directly holds 9,220 shares of First Solar Common Stock. This post-transaction holding reflects his remaining direct ownership position as disclosed in the Form 4 filing for the May 6, 2026 transaction.

Was Verma’s sale of First Solar (FSLR) shares under a Rule 10b5-1 plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2025. Such plans pre-schedule trades, meaning the timing of this sale was determined in advance rather than chosen opportunistically.

What type of transaction is reported for First Solar (FSLR) in this Form 4?

The Form 4 reports a non-derivative open-market sale of Common Stock by Verma. The SEC transaction code "S" identifies this as a sale in the open market or a private transaction, rather than an option exercise, gift, or tax-related withholding.