Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Mark R. Widmar earned $2.30M in total compensation at First Solar, including $500.00K salary, $200.00K bonus and $1.50M in stock. Most recently sold 1,966 shares in Mar 2025. Currently holds stock worth $21.10M. Has led First Solar for over 14 years.

Compensation History

Annual executive compensation data for Mark R. Widmar, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.30M

Salary

$500.00K

Bonus

$200.00K

Other

$100.00K

Salary

$500.00K

Board Justification

The compensation philosophy aligns with company performance, focusing on long-term value creation and competitive benchmarking against peers to ensure retention and motivation of the CEO.

Bonus

$200.00K

Board Justification

The bonus is based on the achievement of specific performance metrics related to revenue growth and operational efficiency for the fiscal year 2023.

Other Compensation

$100.00K

Board Justification

Other compensation includes retirement contributions and health benefits provided to the CEO in 2023.

Restricted Stock

$1.50M10K RSU

Board Justification

The vested stock consists of performance-based restricted stock units (RSUs) that were earned based on the company's performance in 2023 and vested accordingly.

Performance Metrics

Performance metrics include revenue growth, operational efficiency, and sustainability targets.

F

Mark R. Widmar

CEO of First Solar

Education

B.S. in Business Accounting and a Masters of Business Administration from Indiana University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

January 1, 1971 - 54 years ago

CEO of First Solar for

14 years 8 months (Apr 2011 - Present)

Previous Experience

Chief Financial Officer of GrafTech International Ltd.

Holdings

Track Mark R. Widmar's stock holdings and portfolio value over time.

Total Stock Sold

$71.69M

FSLR

$71.69M

792,677 FSLR shares

What if they kept their stock?

If Mark R. Widmar didn't sell their stock, today they would have:
Extra FSLR792,677 shares worth $204.20M.
This is 184.85% and $132.51M more than what they got when they sold the stock.

Insider Trading

Mark R. Widmar's recent stock transactions, purchases, and sales filed with the SEC.

FSLR

$262.95K

FSLR at $133.75/share

Mar 14, 2025

Sale

FSLR

$338.25K

FSLR at $132.96/share

Mar 6, 2025

Sale

FSLR

$3.04M

FSLR at $141.09/share

Feb 28, 2025

Sale

FSLR

72,838 shares

FSLR

Feb 26, 2025

Received

FSLR

$10.03M

FSLR at $273.26/share

Jun 3, 2024

Sale

FSLR

$3.24M

FSLR at $152.74/share

Mar 1, 2024

Sale

FSLR

71,829 shares

FSLR

Feb 29, 2024

Received

FSLR

$482.57K

FSLR at $223.41/share

Jul 28, 2023

Sale

FSLR

$1.27M

FSLR at $207.50/share

Jul 17, 2023

Sale

FSLR

$7.99M

FSLR at $199.97/share

Jun 6, 2023

Sale

Rivals

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