First Solar, Inc. (NASDAQ: FSLR ) Chief Financial Officer Alexander R. Bradley recently sold a significant portion of his company stock, transactions that totaled over $4.
4 million. The sales were conducted on May 30, 2024, and were executed in multiple trades with prices ranging between $269.42 and $278.
22. The transactions, which were carried out under a Rule 10b5-1 trading plan previously adopted on March 1, 2024, resulted in Bradley's ownership of First Solar stock decreasing significantly. However, following these sales, Bradley still owns a substantial number of shares in the company.
Specific details of the sales reveal that the prices at which the stock was sold varied. For instance, a batch of 300 shares was sold at a weighted average price of $269.42, while another set of 500 shares was sold at an average of $271.
01. The sales continued in a similar fashion with prices incrementally increasing, with 900 shares sold at an average of $271.89, 2150 shares at $273.
34, 3765 shares at $274.25, 4350 shares at $275.35, 3186 shares at $276.
29, and finally, a set of 800 shares sold at an average of $277.36. The last sale of the day was a smaller batch of 100 shares that went for an average price of $278.
22. The Chief Financial Officer's transactions were spread out to minimize the impact on the market and to fetch an optimal average price for the shares. The SEC filing included footnotes indicating that the reporting person is willing to provide full information regarding the.
