Dymbort Jason E. 4

What Happened

• Jason E. Dymbort, General Counsel and Secretary of First Solar (FSLR), reported a mix of equity activity. On March 6, 2026 he had 3,056 shares convert/vest from derivative awards (reported as exercise/conversion of derivative securities at $0). The filing also shows a new grant of 2,960 restricted stock units (RSUs) on March 6, 2026. On March 9, 2026 he sold 1,305 shares in the open market at $190.36 per share, for proceeds of $248,420.

Key Details

• Transaction dates: vest/conversion and grant on 2026-03-06; open-market sales on 2026-03-09. Filing date: 2026-03-10 (appears timely).
• Open-market sales: 325, 202, 323, and 455 shares sold at $190.36 each (total 1,305 shares; proceeds $248,420).
• Vest/conversion entries: 760, 471, 758, and 1,067 shares converted/vested on 2026-03-06 (total 3,056 shares) reported as acquired at $0 and also reported as disposed at $0 consistent with tax withholding.
• Grant: 2,960 RSUs awarded on 2026-03-06 (footnote: these RSUs vest 25% annually starting on the first anniversary of the grant).
• Footnote of note: F5 indicates shares were sold by the issuer to satisfy tax withholding obligations upon vesting (explains the $0 disposition entries).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• The "M" entries are conversions/vests of derivative awards (RSUs) into common stock at $0 cost — typical when restricted units vest. The matching $0 disposals indicate shares withheld/sold to cover tax withholding rather than open-market sales at cash proceeds.
• The separate open-market sales on March 9 were bona fide market sales totaling $248,420. Sales are routine insider liquidity events and do not by themselves indicate management sentiment.
• The newly granted RSUs (2,960) vest over future years (25% per year per the footnote), so they are long-term compensation rather than immediate stock ownership.