First Solar (NASDAQ: FSLR) GC reports RSU vesting, new grant and tax sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST SOLAR, INC. General Counsel and Secretary Jason E. Dymbort reported routine equity compensation activity and related tax withholding. On March 6, 2026, restricted stock units granted in prior years vested and were converted into 3,056 shares of common stock, and he received a new grant of 2,960 restricted stock units under the company’s 2020 Omnibus Incentive Compensation Plan. On March 9, 2026, 1,305 shares of common stock were sold at $190.36 per share by the issuer to satisfy tax withholding obligations tied to the vesting. After these transactions, Dymbort directly held 18,376 shares of First Solar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,305 shares ($248,420)
Net Sell
13 txns
Insider
Dymbort Jason E.
Role
General Counsel and Secretary
Sold
1,305 shs ($248K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 325 | $190.36 | $62K |
| Sale | Common Stock | 202 | $190.36 | $38K |
| Sale | Common Stock | 323 | $190.36 | $61K |
| Sale | Common Stock | 455 | $190.36 | $87K |
| Exercise | Restricted Stock Units | 760 | $0.00 | -- |
| Exercise | Restricted Stock Units | 471 | $0.00 | -- |
| Exercise | Restricted Stock Units | 758 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,067 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,960 | $0.00 | -- |
| Exercise | Common Stock | 760 | $0.00 | -- |
| Exercise | Common Stock | 471 | $0.00 | -- |
| Exercise | Common Stock | 758 | $0.00 | -- |
| Exercise | Common Stock | 1,067 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,356 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021. Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2023. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2024. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2025. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units. 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. 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. 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. 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. 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. 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.
FAQ
What insider transactions did FSLR executive Jason Dymbort report on this Form 4?
Jason Dymbort reported RSU vesting into common stock, a new restricted stock unit grant, and related tax-withholding share sales. These transactions are typical executive compensation events rather than discretionary open-market trading and leave him with a sizable remaining common stock position.
What new equity award did Jason Dymbort receive from First Solar (FSLR)?
On March 6, 2026, Dymbort received a grant of 2,960 restricted stock units as part of First Solar’s annual equity grant to executive officers. Each restricted stock unit represents the right to receive one share of common stock, subject to future vesting over time.
Are Jason Dymbort’s March 2026 FSLR transactions routine compensation events?
Yes. The filing shows RSU vesting from annual equity grants, a new restricted stock unit grant, and a share sale by the issuer solely to satisfy tax withholding. Such patterns are characteristic of scheduled executive compensation rather than opportunistic trading in the open market.