Dymbort Jason E. 4
4 · FIRST SOLAR, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
First Solar (FSLR) GC Jason Dymbort Sells 1,305 Shares
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.
Insider Transaction Report
Form 4
Dymbort Jason E.
General Counsel and Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-06+760→ 17,385 total - Exercise/Conversion
Common Stock
[F2]2026-03-06+471→ 17,856 total - Exercise/Conversion
Common Stock
[F3]2026-03-06+758→ 18,614 total - Exercise/Conversion
Common Stock
[F4]2026-03-06+1,067→ 19,681 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−325$61,867→ 19,356 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−202$38,453→ 19,154 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−323$61,486→ 18,831 total - Sale
Common Stock
[F5]2026-03-09$190.36/sh−455$86,614→ 18,376 total - Exercise/Conversion
Restricted Stock Units
[F6][F7]2026-03-06−760→ 0 total→ Common Stock (760 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F8]2026-03-06−471→ 942 total→ Common Stock (471 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F9]2026-03-06−758→ 1,515 total→ Common Stock (758 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F10]2026-03-06−1,067→ 3,204 total→ Common Stock (1,067 underlying) - Award
Restricted Stock Units
[F6][F11]2026-03-06+2,960→ 2,960 total→ Common Stock (2,960 underlying)
Footnotes (11)
- [F1]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
- [F10]The restricted stock units were granted on March 6, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F11]The restricted stock units were granted on March 6, 2026 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2026 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F2]Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2023.
- [F3]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2024.
- [F4]Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2025.
- [F5]Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- [F6]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.
- [F7]The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2021 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F8]The restricted stock units were granted on March 6, 2023 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2023 vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
- [F9]The restricted stock units were granted on March 6, 2024 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 6, 2024 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
Signature
/s/ Jason E. Dymbort|2026-03-10