Summary by Moomoo AI
First Solar, Inc. has reported an amendment to its Schedule 13D filing, indicating significant changes in ownership by investors Farhad Fred Ebrahimi and Mary Wilkie Ebrahimi. The amendment, filed on August 7, 2024, reveals that the Ebrahimis have sold shares of First Solar's common stock, reducing their ownership stake to 4.91%, which is below the 5% threshold. The couple now jointly holds 5,253,825 shares. The sales took place in the open market, with transactions recorded on July 19 and August 5, 2024. The Ebrahimis have also disclosed outstanding options that may affect their holdings in the future, including both put and call options with various expiration dates and strike prices. The filing includes a statement that the Ebrahimis may consider further transactions based on their assessment of the company's performance and market conditions.
