Summary by Moomoo AI
Norman L. Wright, a director at First Solar, is set to acquire 256 shares of common stock on December 31, 2024. This transaction is classified as a grant, award, or other acquisition, with the shares to be obtained at no cost ($0.00 per share).Following this planned acquisition, Wright's direct ownership of First Solar common stock will increase to 3,513 shares. The transaction is part of a pre-arranged compensation plan, likely tied to Wright's role as a director of the company.This future stock grant highlights First Solar's ongoing commitment to aligning director interests with those of shareholders through equity-based compensation. The transaction's timing at year-end suggests it may be part of an annual award cycle for the company's board members.