First Solar (NASDAQ: FSLR) CPO reports RSU vesting and tax-driven share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST SOLAR, INC. Chief Product Officer Patrick James Buehler reported routine equity compensation activity and related tax-share sales. On March 6, 2026, a total of 1,675 restricted stock units vested and were converted into the same number of common shares from grants originally awarded on March 6 of 2021, 2023, 2024 and 2025. He also received a new grant of 1,903 restricted stock units as part of the company’s annual equity program for executive officers.
On March 9, 2026, a total of 697 common shares were sold at $190.36 per share. Footnotes state these shares were sold by the company to satisfy tax withholding obligations tied to the RSU vesting, rather than as discretionary open-market sales by Buehler. Following these transactions, he directly holds 6,841 common shares of First Solar.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 697 shares ($132,681)
Net Sell
13 txns
Insider
Buehler Patrick James
Role
Chief Product Officer
Sold
697 shs ($133K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 181 | $190.36 | $34K |
| Sale | Common Stock | 79 | $190.36 | $15K |
| Sale | Common Stock | 184 | $190.36 | $35K |
| Sale | Common Stock | 253 | $190.36 | $48K |
| Exercise | Restricted Stock Units | 434 | $0.00 | -- |
| Exercise | Restricted Stock Units | 189 | $0.00 | -- |
| Exercise | Restricted Stock Units | 442 | $0.00 | -- |
| Exercise | Restricted Stock Units | 610 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,903 | $0.00 | -- |
| Exercise | Common Stock | 434 | $0.00 | -- |
| Exercise | Common Stock | 189 | $0.00 | -- |
| Exercise | Common Stock | 442 | $0.00 | -- |
| Exercise | Common Stock | 610 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,357 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 20% 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 executive officers. 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 executive officers. The restricted stock units granted on March 6, 2023 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, 2024 as part of the Issuer's annual equity grant to executive officers. 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 executive officers. 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) executive Patrick Buehler report in this Form 4?
Patrick James Buehler, Chief Product Officer of First Solar, reported RSU vesting, a new RSU grant, and related share sales. The activity reflects routine executive equity compensation rather than a standalone open-market investment decision by the insider.
What RSU awards vested for First Solar CPO Patrick Buehler?
A total of 1,675 restricted stock units vested on March 6, 2026, converting into an equal number of common shares. The vesting represents scheduled portions of RSU grants originally awarded on March 6 of 2021, 2023, 2024 and 2025 under First Solar’s 2020 Omnibus Incentive Plan.
Did Patrick Buehler receive a new RSU grant from First Solar in 2026?
Yes. On March 6, 2026, Buehler received a grant of 1,903 restricted stock units. Footnotes state this was part of First Solar’s annual equity grant to executive officers, with the units vesting in four equal annual installments beginning one year after the grant date.
What vesting schedules apply to Patrick Buehler’s First Solar RSU grants?
Footnotes state the March 6, 2021 and March 6, 2023 RSU grants vest 20% annually on each anniversary. The March 6, 2024, 2025 and 2026 grants vest 25% annually starting one year after grant, reflecting the company’s annual executive equity program.