Dymbort Jason E. 4
4 · FIRST SOLAR, INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) General Counsel Jason Dymbort Sells Shares
What Happened
Jason E. Dymbort, General Counsel and Secretary of First Solar (FSLR), had 968 restricted stock units vest and convert into 968 shares on 2026-05-04 (reported as acquired at $0). The filing notes shares were sold by the issuer to satisfy tax withholding related to the vesting. On 2026-05-05 Dymbort sold 409 shares in an open-market transaction at $215.63 per share for proceeds of approximately $88,193. This activity is a sale following an RSU vesting event (not a buy).
Key Details
- Transaction dates and prices:
- 2026-05-04: 968 shares issued upon vesting/conversion (reported at $0) — footnote F1/F3/F4 (25% annual vesting of RSUs granted 5/1/2025).
- 2026-05-04: Filing notes shares sold by the issuer to satisfy tax withholding on the vesting (footnote F2).
- 2026-05-05: Open-market sale of 409 shares at $215.63 each; proceeds ≈ $88,193.
- Shares owned after the transactions: Not specified in the provided excerpt.
- Notable footnotes: F1–F4 explain these were RSUs granted 5/1/2025, vesting 25% annually, and some vested shares were sold to cover tax withholding.
- Filing timeliness: Filed 2026-05-05 for transactions on 5/4–5/5/2026 — appears timely (no late filing indicated).
Context
These were restricted stock unit vesting and subsequent sales. RSU vesting (conversion to shares) is different from exercising an option for cash; some shares are often withheld or sold to cover taxes (routine). The open-market sale of 409 shares is a disposition, which is common after vesting and does not by itself indicate the insider’s broader view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-05-04+968→ 10,818 total - Sale
Common Stock
[F2]2026-05-05$215.63/sh−409$88,193→ 10,409 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-05-04−968→ 2,904 total→ Common Stock (968 underlying)
Footnotes (4)
- [F1]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.
- [F2]Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F3]Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
- [F4]The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on May 1, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.