News Article
Five First Solar executives purchase company stock
The cadmium telluride solar cell manufacturer says that its leadership team has confidence in the company's long-term growth prospects and its ability to develop new markets.
First Solar has sold 5,500 shares of company stock this week to five of its senior executives, to add to their current holdings.
The purchases were made during one of four annual open trading windows for First Solar's Directors and Section 16 officers and have been reported to the Securities and Exchange Commission in Form 4 filings where applicable.
Each of the First Solar executives purchased shares on the open market using personal funds.
Tymen DeJong, Senior Vice President of Global Operations, purchased 1,000 shares.
Frank DeRosa, Senior Vice President of Business Development for the Americas, purchased 500 shares.
TK Kallenbach, President of the Components Business Group, purchased 1,000 shares.
Jim Lamon, Senior Vice President of Engineering, Procurement and Construction (EPC) purchased 2,000 shares.
Mark Widmar, Chief Financial Officer of First Solar, purchased 1,000 shares.
"First Solar's leadership team has confidence in the company's long-term growth prospects and our ability to develop new markets and execute our cost, technology and project road maps," said Rob Gillette, CEO of First Solar.
