First Solar (FSLR) CEO RSUs vest as company sells shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
First Solar Chief Executive Officer Mark R. Widmar reported routine equity compensation activity. On March 13, 2026, 4,856 restricted stock units granted on March 15, 2022 vested, converting into the same number of common shares under the company’s 2020 Omnibus Incentive Compensation Plan.
On March 16, 2026, 1,937 of these shares were sold by First Solar at $200.80 per share to cover tax withholding obligations related to the vesting, rather than a discretionary market sale by Widmar. Following these transactions, he directly holds 102,798 shares of First Solar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,937 shares ($388,950)
Net Sell
3 txns
Insider
Widmar Mark R
Role
Chief Executive Officer
Sold
1,937 shs ($389K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,937 | $200.80 | $389K |
| Exercise | Restricted Stock Units | 4,856 | $0.00 | -- |
| Exercise | Common Stock | 4,856 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 102,798 shares (Direct);
Restricted Stock Units — 4,856 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022. 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 15, 2022 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 15, 2022 are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.