First Solar director gifts 44,584 shares to foundation
First Solar director Michael J. Ahearn reported that 44,584 shares of common stock were moved from a trust into his direct account on July 17, 2026 and on August 4, 2026 were gifted to the Ahearn Family Foundation, a 501(c)(3) where he is a trustee.
Rhea-AI Filing Summary
First Solar director Michael J. Ahearn reported that 44,584 shares of common stock were moved from a trust into his direct account on July 17, 2026 and on August 4, 2026 were gifted to the Ahearn Family Foundation, a 501(c)(3) where he is a trustee. After the gift he holds 66,057 shares directly and 3,273 shares indirectly through a trust; no compensation was received for the gift.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,584 shares gifted
Gift
2 txns
Insider
Ahearn Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 44,584 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 66,057 shares (Direct);
Common Stock — 3,273 shares (Indirect, By Trust)
Footnotes (2)
- F1. On July 17, 2026, 44,584 shares previously held indirectly by trust were transferred to an account in which the reporting person holds direct ownership. On August 4, 2026, such shares were gifted to the Ahearn Family Foundation, a 501(c)(3) charitable organization of which the reporting person is a trustee, as a bona fide gift.
- F2. No compensation was given to the donor for the gifting of shares.
Key Figures
Shares gifted: 44,584 shares
Direct holdings after gift: 66,057 shares
Indirect holdings after gift: 3,273 shares
+1 more
4 metrics
Shares gifted
44,584 shares
Bona fide gift of common stock on August 4, 2026 to Ahearn Family Foundation
Direct holdings after gift
66,057 shares
Common stock directly owned by Michael J. Ahearn following the reported gift
Indirect holdings after gift
3,273 shares
Common stock held indirectly "By Trust" after the reported transactions
Gift transactions reported
1
Number of bona fide gift transactions reported for August 4, 2026
Key Terms
bona fide gift, 501(c)(3), indirectly by trust, trustee
4 terms
bona fide gift regulatory
"such shares were gifted to the Ahearn Family Foundation ... as a bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
501(c)(3) regulatory
"Ahearn Family Foundation, a 501(c)(3) charitable organization"
A 501(c)(3) is a U.S. federal tax designation for organizations organized and operated for charitable, educational, religious, scientific or literary purposes, which exempts them from federal income tax and generally makes donations to them tax-deductible. Investors pay attention because the designation shapes how the organization raises money, what activities it can legally pursue (for example, limits on political lobbying), and how transparent and financially stable it must be—factors that affect risk, reputation, and potential partnerships.
indirectly by trust financial
"44,584 shares previously held indirectly by trust were transferred"
trustee regulatory
"charitable organization of which the reporting person is a trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Michael J. Ahearn report for FSLR?
Michael J. Ahearn reported a bona fide gift of 44,584 First Solar shares on August 4, 2026 to the Ahearn Family Foundation. The gift followed transfer of the same shares from a trust into his direct ownership on July 17, 2026.
What are Michael J. Ahearn’s First Solar holdings after the reported gift?
After the gift, Ahearn reports holding 66,057 First Solar shares directly and 3,273 shares indirectly through a trust. These figures reflect his ownership positions immediately following the July 17, 2026 transfer and August 4, 2026 charitable gift transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
