First Solar (FSLR) counsel sells 9,380 shares after RSU vest and 10b5-1 plan
Rhea-AI Filing Summary
FIRST SOLAR, INC. General Counsel and Secretary Jason E. Dymbort reported a combination of stock vesting and share sales. On March 13, 2026, 854 restricted stock units vested and converted into 854 shares of common stock, issued at a conversion price of $0.00 under the company’s 2020 Omnibus Incentive Compensation Plan. On the same date, his common stock holdings increased to 19,230 shares, and 853 restricted stock units remained outstanding from that grant.
To cover related tax withholding obligations and pursuant to a pre-established Rule 10b5-1 trading plan, a total of 9,380 common shares were sold in open-market transactions on March 16–17, 2026, including 358 shares at $200.80 per share and 9,022 shares at a weighted average price of $199.62. After these transactions, Dymbort directly held 9,850 shares of First Solar common stock.
Positive
- None.
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- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,022 | $199.62 | $1.80M |
| Sale | Common Stock | 358 | $200.80 | $72K |
| Exercise | Restricted Stock Units | 854 | $0.00 | -- |
| Exercise | Common Stock | 854 | $0.00 | -- |
Footnotes (1)
- Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 15, 2022. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on November 13, 2025. This transaction was executed in multiple trades at prices ranging from $199.53 to $200.00. The price reported above reflects the weighted average sale price for the transactions reported on this line. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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 15, 2022 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on March 15, 2022 are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.