Forrest Reynolds T. 4
4 · Ascent Solar Technologies, Inc. · Filed Dec 19, 2025
Insider Transaction Report
Form 4
Forrest Reynolds T.
Director
Transactions
- Conversion
Common Stock
2025-12-15$2.50/sh+38,827$97,068→ 39,660 total - Conversion
Series 1C Convertible Preferred Stock
2025-12-15−89→ 61 totalExercise: $2.50From: 2025-04-18→ Common Stock
Footnotes (4)
- [F1]On October 17, 2024, the Reporting Person entered into a securities purchase agreement to purchase up to 965 shares of the Company's newly issued Series 1C convertible preferred stock at a purchase price of $1,000 per Series 1C preferred share. The parties only closed on the purchase of 150 Series 1C preferred shares. The stated value and accrued dividends on Series 1C preferred shares is convertible into common stock beginning on 4/18/2025 at a conversion price of $2.50 per common share.
- [F2]The Series 1C preferred stock is perpetual and therefore has no expiration date.
- [F3]Each Series 1C share has a Stated Value of $1,000. The Stated Value (and accrued dividends thereon) are convertible into shares of common stock based at the conversion price of $2.50 per common share.
- [F4]On 12/15/2025, the Reporting Person converted 89 shares of Series 1C preferred stock (including accrued dividends thereon) into an aggregate 38,827 shares of common stock.