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First Solar (FSLR) CMO sells 408 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

FIRST SOLAR, INC. Chief Manufacturing Officer Kuntal Kumar Verma reported an open-market sale of 408 shares of Common Stock on March 10, 2026 at an average price of $195.70 per share. After this transaction, Verma directly holds 9,101 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025, indicating it was scheduled in advance rather than timed discretionarily.

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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).
X
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 AZ 85018

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Manufacturing Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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 03/10/2026 S 408(1) D $195.7 9,101 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. 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 03/11/2026
** 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.

FAQ

What insider transaction did FSLR report for Kuntal Kumar Verma?

FIRST SOLAR, INC. reported that Chief Manufacturing Officer Kuntal Kumar Verma sold 408 shares of Common Stock. The shares were sold on March 10, 2026 at an average price of $195.70 per share in an open-market transaction disclosed on Form 4.

Was the FSLR insider sale by Verma made under a Rule 10b5-1 plan?

Yes, the sale was executed under a pre-arranged Rule 10b5-1 trading plan. The filing notes Verma adopted this plan on November 26, 2025, meaning the transaction was scheduled in advance rather than initiated opportunistically based on short-term market conditions.

How many FIRST SOLAR (FSLR) shares did Verma sell and at what price?

Verma sold 408 shares of FIRST SOLAR Common Stock at an average price of $195.70 per share. This was characterized as an open-market sale, reflecting a standard stock market transaction rather than an internal transfer or equity award adjustment.

How many FIRST SOLAR (FSLR) shares does Verma hold after this transaction?

Following the reported sale, Verma directly holds 9,101 shares of FIRST SOLAR Common Stock. This post-transaction holding amount is provided in the Form 4, giving investors context for the scale of the sale relative to his remaining equity position.

What does a Form 4 filing like this mean for FIRST SOLAR investors?

A Form 4 discloses insider trades such as executive purchases or sales of company stock. In this case, it records Verma’s planned sale of 408 shares under a Rule 10b5-1 plan, offering transparency into management’s equity transactions without necessarily signaling a change in company fundamentals.
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