STOCK TITAN

First Solar (NASDAQ: FSLR) counsel adds net shares after RSU vesting and tax sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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 Dymbort Jason E.
Role General Counsel and Secretary
Sold 409 shs ($88K)
Type Security Shares Price Value
Sale Common Stock 409 $215.63 $88K
Exercise Restricted Stock Units 968 $0.00 --
Exercise Common Stock 968 $0.00 --
Holdings After Transaction: Common Stock — 10,409 shares (Direct, null); Restricted Stock Units — 2,904 shares (Direct, null)
Footnotes (1)
  1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 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 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.
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
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."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dymbort Jason E.

(Last)(First)(Middle)
C/O FIRST SOLAR, INC.
4300 E CAMELBACK ROAD, SUITE 220

(Street)
PHOENIX ARIZONA 85018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST SOLAR, INC. [ FSLR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/04/2026M968(1)A$010,818D
Common Stock05/05/2026S409(2)D$215.6310,409D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)05/04/2026M968 (4) (4)Common Stock968$02,904D
Explanation of Responses:
1. Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on May 1, 2025.
2. Represents shares of common stock sold by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
3. 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.
4. 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.
/s/ Jason E. Dymbort05/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many First Solar (FSLR) shares did Jason Dymbort acquire through RSU vesting?

He acquired 968 shares of First Solar common stock through the vesting of restricted stock units granted on May 1, 2025. Each restricted stock unit converted into one share of common stock under the company’s 2020 Omnibus Incentive Compensation Plan.

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.