First Solar, Inc.'s SEC filings document the business, capital structure, and governance of a Nasdaq-listed photovoltaic solar technology and manufacturing company. Its 8-K reports furnish operating results, financial condition updates, guidance, and material events tied to module sales, cash balances, tax credit transfers, and financing arrangements.
Recent filings also cover a senior unsecured revolving credit facility, Section 45X advanced manufacturing production tax credit transfer agreements generated from U.S. module component production, and the company's common stock registered on Nasdaq. Proxy materials disclose board matters, executive compensation, equity awards, shareholder voting items, and other governance practices.
FMR LLC has filed a Schedule 13G reporting a passive ownership stake in First Solar, Inc. common stock. FMR LLC and Abigail P. Johnson each report beneficial ownership of 6,501,272.02 First Solar shares, representing 6.1% of the common stock as of 12/31/2025.
The filing shows sole dispositive power over these shares and, for FMR LLC, sole voting power over 5,977,931.69 shares. The signatory certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of First Solar.
First Solar EVP Samantha L. Sloan reported equity award activity for January 15, 2026. She acquired 234 shares of First Solar common stock at $0 when 25% of a restricted stock unit grant from January 15, 2024 vested. To cover tax withholding on this vesting, 79 shares of common stock were withheld by the company at a price of $243.64 per share.
After these transactions, Sloan directly held 1,045 shares of First Solar common stock and 468 restricted stock units. Each restricted stock unit represents the right to receive one share of common stock as it vests annually in 25% installments on each anniversary of the January 15, 2024 grant date.
First Solar (FSLR) director reported open‑market sales of company stock. On November 7, 2025, the reporting person sold 1,423, 4,656, and 921 shares (transaction code S) at weighted average prices of $261.27, $262.59, and $263.19, respectively.
After these transactions, the filer beneficially owned 15,287 shares on an indirect basis By Stebbins Family Trust. Footnotes note each sale comprised multiple trades within stated price ranges, with detailed trade-by-trade data available on request.
First Solar (FSLR): A company director reported a sale of 4,500 shares of common stock on 11/06/2025 at a weighted average price of $271.11. The trades were executed in multiple transactions within a price range of $270.87 to $271.24. Following the sale, the director beneficially owns 13,662 shares, held directly.
The price range reflects individual trade executions; the reported price is the weighted average for the day’s transactions as disclosed.
First Solar (FSLR) disclosed an insider transaction by its Chief Commercial Officer, who sold 37,412 shares of common stock on 11/04/2025 across multiple trades priced between $255.05 and $269.37 under a Rule 10b5-1 trading plan adopted on August 5, 2025.
After these sales, the reporting person directly beneficially owns 15,424 shares.
First Solar (FSLR) reported strong Q3 performance, with net sales of $1,594,856 thousand and diluted EPS of $4.24, up from $2.91 a year ago. Gross profit reached $610,745 thousand and operating income was $466,095 thousand, driving net income to $455,943 thousand. For the first nine months, net sales were $3,536,594 thousand and net income was $1,007,346 thousand.
Cash and cash equivalents were $1,992,173 thousand, supported by Section 45X monetization, including $311.9 million of 2025 credits sold for $296.3 million in June and an agreement for up to $391.0 million with $247.7 million received in July and October 2025. Deferred revenue totaled $2,217,765 thousand. The company recorded a $65 million specific warranty liability within an estimated $50–$90 million range related to certain Series 7 modules. Cash from operations was $815,212 thousand, funding capex and strengthening liquidity. As of October 24, 2025, 107,308,141 common shares were outstanding.
First Solar, Inc. furnished a Form 8-K announcing it issued a press release and held a conference call covering financial results for the third quarter ended September 30, 2025.
The press release is included as Exhibit 99.1. The information is furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference except as expressly set forth by specific reference.
First Solar (FSLR) entered two tax credit transfer agreements with a leading digital payments company, monetizing advanced manufacturing production tax credits under Section 45X generated from 2025 U.S. module component production.
Under the Fixed Transfer Agreement, the company will sell $600,000,000 of tax credits for $573,000,000, paid in two installments expected on October 31, 2025 and December 29, 2025. A separate Variable Transfer Agreement allows the sale of up to $175,000,000 of additional credits at $0.955 per $1.00, with payment due on February 27, 2026. The effective date and each payment date are subject to customary conditions precedent, and the agreements include standard covenants, indemnification, and termination provisions.
Form 4 disclosure: RENDUCHINTALA VENKATA S M, a director of First Solar, Inc. (FSLR), was granted 205 shares of common stock as quarterly equity compensation on 09/30/2025 at $0 per share. After the grant the reporting person beneficially owned 1,470 shares of First Solar common stock in a direct ownership form. The filing identifies the grant as director compensation to a non-associate director. The Form 4 was filed as a single-person report and bears an electronic signature by an attorney-in-fact dated 10/01/2025.
Form 4 summary: Reporting person Lisa A. Kro, a director of First Solar, Inc. (FSLR), reported an acquisition on 09/30/2025 of 205 shares of First Solar common stock as part of the company’s quarterly equity compensation for non-associate directors. The report shows the shares were acquired at a price of $0 and that Ms. Kro’s total beneficial ownership following the transaction is 3,936 shares, held indirectly by trust. The filing was signed by an attorney-in-fact on 10/01/2025. The form indicates this is a single reporting person filing and identifies the reporting person’s relationship to the issuer as a director.