[Form 3] Solo Brands, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

On 07/07/2025, Viasat Inc. (VSAT) President, Commercial Services, James Michael Dodd filed a Form 4 reporting routine equity activity. He converted 8,334 restricted stock units (RSUs) into common shares at a $0 exercise price (Code M). To satisfy statutory tax withholding, 3,280 shares were automatically withheld by the company at $15.93 per share (Code F). Net of the withholding, Dodd’s direct ownership increased by 5,054 shares, bringing his direct stake to 45,963 common shares; he also retains 3,865 shares held indirectly via his 401(k).

Dodd still holds 16,666 unvested RSUs from an original 25,000-unit grant dated 06/07/2024, scheduled to vest in two equal tranches over the next two years, contingent upon continued employment. No open-market transactions or discretionary sales occurred—only automatic tax-related share withholding—so the filing reflects a scheduled vesting event rather than a strategic insider trade. The disclosure does not signal any shift in corporate outlook or governance and is unlikely to materially affect the investment thesis for VSAT.

Insights

Securities Analyst

TL;DR: Routine RSU vesting; minor net share gain for president; neutral market impact.

The transaction is a standard 1/3 tranche from a 2024 RSU award. After withholding, Dodd’s direct ownership rises 12%, to 45,963 shares, which is small relative to VSAT’s ~128 million share count. No open-market activity or option exercise premium is involved, so it does not indicate bullish or bearish sentiment. Neutral for valuation and liquidity.

Corporate Governance Expert

TL;DR: Filing shows compliance with Rule 16a; no governance red flags.

Automatic tax withholding (Code F) is customary and fully disclosed. Vesting schedule transparency aligns with best practices, and continued unvested RSUs promote retention. No unusual patterns or Rule 10b5-1 plans are referenced. Overall, a normal, low-impact Form 4.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Blevins Christopher

(Last) (First) (Middle)

1001 MUSTANG DR.

(Street)

GRAPEVINE TX 76051

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/30/2025

3. Issuer Name and Ticker or Trading Symbol
Solo Brands, Inc. [ DTC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	8,288	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	(1)	Class A Common Stock	1,317	(2)	D
Restricted Stock Unit	(3)	(3)	Class A Common Stock	2,853	(2)	D
Restricted Stock Unit	(4)	(4)	Class A Common Stock	6,437	(2)	D
Restricted Stock Unit	(5)	(5)	Class A Common Stock	72,277	(2)	D

Explanation of Responses:

1. The remaining unvested restricted stock units ("RSUs") will vest in three approximately equal quarterly installments through February 24, 2026.

2. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

3. The remaining unvested RSUs will vest in six approximately equal quarterly installments through October 1, 2026.

4. The remaining unvested RSUs will vest in two approximately equal annual installments through February 28, 2027.

5. The remaining unvested RSUs will vest over a 2-year period in substantially equal annual installments beginning February 28, 2026.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/ Chris Blevins	07/09/2025
	** Signature of Reporting Person	Date
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 5 (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.

FAQ

How many VSAT shares did President James Michael Dodd acquire on July 7 2025?

He received 8,334 common shares through the vesting of restricted stock units.

How many shares were withheld for taxes in the VSAT Form 4?

3,280 shares were automatically withheld at $15.93 per share to cover taxes.

What is James Michael Dodd’s current direct ownership of VSAT stock?

After the transaction he directly owns 45,963 common shares.

How many unvested RSUs does the executive still hold?

Dodd retains 16,666 unvested RSUs that vest in two equal future tranches.

Did the Form 4 include any open-market sales or purchases?

No; the only dispositions were tax-related withholdings, not market sales.

What was the original grant date and size of the RSU award?

The RSU grant was for 25,000 units on 06/07/2024.