First Solar (FSLR) CMO sells 408 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 408 shares ($79,846)
Net Sell
1 txn
Insider
Verma Kuntal Kumar
Role
Chief Manufacturing Officer
Sold
408 shs ($80K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 408 | $195.70 | $80K |
Holdings After Transaction:
Common Stock — 9,101 shares (Direct)
Footnotes (1)
- [object Object]
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.
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.