Ascent Solar (ASTI) director exercises 10,000 options and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ascent Solar Technologies director Forrest T. Reynolds reported a combination of option exercise, tax withholding, and share sale. He exercised employee stock options covering 10,000 shares of common stock at an exercise price of $1.63 per share.
To cover related obligations, 2,071 shares were disposed of as a tax-withholding transaction. On the same date, he completed an open-market sale of 7,843 common shares at $9.15 per share. After these transactions, Reynolds directly owned 36,334 shares of Ascent Solar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,843 shares ($71,763)
Net Sell
4 txns
Insider
Forrest Reynolds T.
Role
null
Sold
7,843 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $1.63 | $16K |
| Tax Withholding | Common Stock | 2,071 | $7.87 | $16K |
| Sale | Common Stock | 7,843 | $9.15 | $72K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 10,000 shares (Direct, null);
Common Stock — 46,248 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market sale: 7,843 shares at $9.15
Options exercised: 10,000 shares at $1.63
Tax-withholding shares: 2,071 shares at $7.87
+2 more
5 metrics
Open-market sale
7,843 shares at $9.15
Common Stock sale on 2026-05-29
Options exercised
10,000 shares at $1.63
Employee Stock Option exercise on 2026-05-29
Tax-withholding shares
2,071 shares at $7.87
Tax-withholding disposition on 2026-05-29
Shares owned after
36,334 shares
Direct common stock holdings after transactions
Option expiration
June 1, 2035
Employee Stock Option expiration date
Key Terms
open-market sale, tax-withholding disposition, Employee Stock Option (right to buy), derivative security
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Ascent Solar (ASTI) director Forrest T. Reynolds report?
Director Forrest T. Reynolds exercised options for 10,000 Ascent Solar shares, had 2,071 shares withheld for taxes, and sold 7,843 shares in an open-market transaction. These moves changed the mix but not the existence of his equity stake.
What options did the Ascent Solar (ASTI) director exercise in this Form 4?
He exercised employee stock options covering 10,000 shares of Ascent Solar common stock at an exercise price of $1.63 per share. This converted a derivative position into directly held shares before the tax withholding and open-market sale.