FIRST SOLAR, INC.·4

May 5, 7:49 PM ET

Dymbort Jason E. 4

Research Summary

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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.