First Solar officer sells 40 percent of his company shares

Tempe, USA - First Solar announced that several of its officers executed transactions in First Solar shares.

Executive Chairman Michael Ahearn sold 1.5 million shares of First Solar common stock in the open market. This were about 40 percent of his shares. Chief Executive Officer Rob Gillette purchased 10,000 shares of First Solar common stock in the open market with his personal funds, and Executive Vice President of Marketing and Product Management TK Kallenbach purchased 1,000 shares in the open market with his personal funds. Company says that the transactions were part of a personal diversification plan.

Source: IWR Online, 01 Mar 2010