FIRST SOLAR, INC.
For the period ended Mar 31, 2025. Filed Apr 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 29, 2025
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Item 5. Other Information
From time to time, our directors and officers may adopt plans for the purchase or sale of our securities. Such plans may be designed to satisfy the affirmative defense conditions of Rule 10b5-1 under the Exchange Act or may constitute non-Rule 10b5-1 trading arrangements (as defined in Item 408(c) of Regulation S-K). During the three months ended March 31, 2025, none of our officers or directors terminated Rule 10b5-1 trading arrangements oradopted orterminated non-Rule 10b5-1 trading arrangements. However, certain of our officers adopted Rule 10b5-1 trading plans for the sale of our securities. The following table provides certain terms of such plans:
| Name | Position | Action | Adoption Date | Expiration Date | Aggregate Number ofSecurities to be Sold (1) |
|---|---|---|---|---|---|
| Markus Gloeckler | Chief Technology Officer | Adoption | February 27, 2025 | July 1, 2025 | 9,858 |
| Michael Koralewski | Chief Supply Chain Officer | Adoption | March 3, 2025 | July 25, 2025 | 3,772 |
| Patrick Buehler | Chief Product Officer | Adoption | March 5, 2025 | January 30, 2026 | 3,468 |
(1)Represents the gross number of shares subject to the Rule 10b5-1(c) plan, excluding the potential effect of shares withheld for taxes. Amounts related to performance units are presented at their target amounts. The actual number of performance units that vest following the end of the applicable performance period, if any, will depend on the relative attainment of the performance metrics.
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