First Solar Chairman Dumps Half His Stock
Anyone else curious about First Solar chairman Michael Ahearn’s dumping of almost half of his shares of First Solar? From the WSJ:
First Solar Chairman Michael Ahearn may be taking a dimmer view of the solar-power company these days, having cut his stake by nearly half in the past month. Mr. Ahearn, who has led the board since 2000 and was chief executive for nine years, dumped 800,000 shares valued at $118.9 million in a series of sales from Feb. 28 to March 25. Before this spate of transactions, Mr. Ahearn last sold shares in early 2010, nearly halving his holdings at that time as well. First Solar declined to comment, and Mr. Ahearn didn’t respond to a request for comment.