Loading…
Friday, April 18, 2014
Current Weather
Loading Current Weather....
HomeNewsLocal
Published: 7/24/2007

First Solar CEO sells 250,000 shares of stock

The chief executive officer of First Solar Inc. has sold 250,000 shares of common stock under a prearranged trading plan, according to a new U.S. Securities and Exchange Commission filing.

Michael Ahearn reported he sold the shares last week for $110.95 apiece, or $27.7 million. He still owns 4.74 million shares of the firm which is based in Phoenix but began in Toledo and has its only North American solar-panel manufacturing plant in Perrysburg.

The stock sale was conducted under a prearranged plan that allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material non-public information.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.



Poll