First Solar counsel nets shares after RSU vest
First Solar, Inc. General Counsel and Secretary Jason E. Dymbort reported routine equity compensation activity.
Rhea-AI Filing Summary
First Solar, Inc. General Counsel and Secretary Jason E. Dymbort reported routine equity compensation activity. On May 4, 2026, 968 shares of common stock were issued upon vesting of restricted stock units that were granted on May 1, 2025 under the company’s 2020 Omnibus Incentive Compensation Plan.
In a related step, 409 shares of common stock were sold by the company to satisfy tax withholding obligations tied to this vesting, rather than as a discretionary open-market sale. Following these transactions, Dymbort directly holds 10,409 shares of common stock and 2,904 restricted stock units, indicating a net increase in his equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Dymbort Jason E.
Role
General Counsel and Secretary
Sold
409 shs ($88K)
Approx. gross sale proceeds
$88K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 409 | $215.63 | $88K |
| Exercise | Restricted Stock Units | 968 | $0.00 | $0.00 |
| Exercise | Common Stock | 968 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,904 contracts (Direct);
Common Stock — 10,409 shares (Direct)
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.
- F2. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
- F3. 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.
- F4. The restricted stock units were granted on May 1, 2025 as part of the Issuer's annual equity grant to executive officers. The restricted stock units granted on May 1, 2025 vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
Key Figures
RSU vesting into common stock: 968 shares
Shares sold for tax withholding: 409 shares at $215.63
Common stock holdings after transaction: 10,409 shares
+2 more
5 metrics
RSU vesting into common stock
968 shares
Shares issued upon RSU vesting on May 4, 2026
Shares sold for tax withholding
409 shares at $215.63
Shares sold by issuer to cover tax obligations
Common stock holdings after transaction
10,409 shares
Direct ownership following reported transactions
Restricted stock units remaining
2,904 RSUs
Direct RSU holdings after derivative transaction
Net shares added from RSU event
559 shares
968 vested minus 409 sold for tax withholding
Key Terms
restricted stock units, tax withholding obligations, 2020 Omnibus Incentive Compensation Plan
3 terms
restricted stock units financial
"Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units."
2020 Omnibus Incentive Compensation Plan financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Jason Dymbort report at First Solar (FSLR)?
Jason Dymbort reported RSU vesting into common stock and a related share sale for taxes. 968 shares vested into common stock, and 409 shares were sold by the company to cover tax withholding obligations, resulting in a net increase in his equity position.
Did First Solar (FSLR) insider Jason Dymbort make an open-market sale?
The filing shows 409 shares coded as a sale, but the footnotes state these were sold by the company to satisfy tax withholding obligations from RSU vesting, not a discretionary open-market sale made for portfolio or valuation reasons.
What are Jason Dymbort’s First Solar (FSLR) holdings after these transactions?
After the reported transactions, Jason Dymbort directly holds 10,409 shares of First Solar common stock and 2,904 restricted stock units. These figures reflect the net effect of the RSU vesting and the shares sold to satisfy tax withholding obligations.
How do the restricted stock units for First Solar (FSLR) executive grants vest?
The RSUs granted on May 1, 2025 to Jason Dymbort vest in four equal annual installments. They vest at a rate of 25% on each anniversary of the grant date, starting on the first anniversary, providing a multi-year equity compensation schedule.
What plan governs the restricted stock units in the First Solar (FSLR) filing?
The restricted stock units are issued under First Solar’s 2020 Omnibus Incentive Compensation Plan. Each unit represents the right to receive one share of common stock upon vesting, aligning executive compensation with long-term shareholder value through equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
