First Solar (FSLR) CEO sells shares and receives new RSU award
Rhea-AI Filing Summary
FIRST SOLAR, INC. Chief Executive Officer Mark R. Widmar reported a mix of equity awards, vesting, and share sales. On March 6, 2026, restricted stock units representing 13,629 shares of common stock vested and were converted into common shares, and he received a new grant of 12,685 restricted stock units under the 2020 Omnibus Incentive Compensation Plan. On March 9, 2026, he sold a total of 5,537 shares of common stock at $190.36 per share in transactions described as satisfying tax withholding obligations related to the RSU vesting. Following these transactions, Widmar held 99,879 shares of First Solar common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,072 | $190.36 | $394K |
| Sale | Common Stock | 480 | $190.36 | $91K |
| Sale | Common Stock | 1,282 | $190.36 | $244K |
| Sale | Common Stock | 1,703 | $190.36 | $324K |
| Exercise | Restricted Stock Units | 5,101 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,178 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,156 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,194 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 12,685 | $0.00 | -- |
| Exercise | Common Stock | 5,101 | $0.00 | -- |
| Exercise | Common Stock | 1,178 | $0.00 | -- |
| Exercise | Common Stock | 3,156 | $0.00 | -- |
| Exercise | Common Stock | 4,194 | $0.00 | -- |
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) CEO Mark Widmar report in this Form 4 filing?
CEO Mark Widmar reported RSU vesting, a new RSU grant, and related share sales. Several restricted stock unit awards vested into 13,629 common shares, he received 12,685 new RSUs, and he sold 5,537 shares, largely to cover tax withholding obligations.
What RSU activity did First Solar (FSLR) disclose for its CEO in this Form 4?
The filing shows multiple restricted stock unit tranches vesting into 13,629 common shares on March 6, 2026. It also reports a new grant of 12,685 RSUs, all issued under First Solar’s 2020 Omnibus Incentive Compensation Plan for executive equity awards.
What vesting schedules apply to the First Solar (FSLR) CEO’s restricted stock units?
Footnotes state RSUs granted on March 6, 2021 and March 6, 2023 vest 20% annually on each anniversary, while RSUs granted on March 6, 2024, 2025, and 2026 vest 25% annually, all under First Solar’s 2020 Omnibus plan.