[Form 4] Solo Brands, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Elisabeth Vanzura, Chief Marketing Officer and director of Solo Brands, Inc. (SBDS), reported transactions dated 08/19/2025 that increased her beneficial ownership to 7,447 shares of Class A common stock. The filing shows 7,447 non-derivative shares acquired at $0 through settlement of restricted stock units (RSUs) that vested and were settled on the transaction date.

The Form 4 discloses two RSU settlements: 1,197 RSUs that vested on the day before the first annual meeting following grant, and 6,250 RSUs that vested upon Ms. Vanzura’s appointment as permanent CMO. A 1-for-40 reverse stock split effected July 8, 2025 led to proportionate adjustments reflected in the reported amounts. The form was signed by an attorney-in-fact on 08/20/2025.

Positive

• 7,447 RSUs settled into Class A common stock, increasing direct beneficial ownership to 7,447 shares.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider received 7,447 Class A shares via vested RSUs, increasing direct ownership post-reverse split.

The reported settlement of 7,447 RSUs into Class A common stock is a routine executive compensation event rather than a market-directional trade. The split-adjusted share count and zero purchase price indicate these were vested awards converting to shares on 08/19/2025. For investors, this clarifies outstanding insider-held equity but does not reveal purchases or sales that would signal liquidity or view on valuation.

Corporate Governance Expert

TL;DR: Vesting tied to role and corporate milestones; disclosure complies with Section 16 reporting.

The Form 4 documents settlement of RSUs contingent on the annual meeting and appointment as permanent CMO, showing governance-driven vesting conditions. The filing includes the required adjustment disclosure for the 1-for-40 reverse stock split and is executed by an attorney-in-fact, indicating timely and proper compliance with reporting obligations.

SEC Form 4

FORM 4

UNITED 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

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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^*

Vanzura Elisabeth

(Last) (First) (Middle)

1001 MUSTANG DR.

(Street)

GRAPEVINE TX 76051

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Solo Brands, Inc. [ SBDS ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025

4. 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 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	08/19/2025		M		7,447	A	$0(1)	7,447	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	08/19/2025		M			1,197	(2)	(2)	Class A Common Stock	1,197	$0	0	D
Restricted Stock Unit	(1)	08/19/2025		M			6,250	(3)	(3)	Class A Common Stock	6,250	$0	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.

2. The RSUs vested on the day immediately preceding the date of the first annual meeting of stockholders of the Issuer following the date of grant and were settled on the transaction date reported herein.

3. The RSUs vested upon the appointment of Ms. Vanzura as the permanent Chief Marketing Officer and were settled on the transaction date reported herein.

Remarks:

On July 8, 2025, the issuer effected a 1-for-40 reverse stock split of the issuer's Class A common stock and Class B common stock, resulting in proportionate adjustments to the number of shares of Class A common stock beneficially owned by the reporting person, including shares underlying outstanding RSUs. Accordingly, the securities reported on this Form 4 have been adjusted to reflect the 1-for-40 reverse stock split.

	/s/ Chris Blevins, Attorney-In-Fact for Elisabeth Vanzura	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Elisabeth Vanzura report on Form 4 for SBDS?

The Form 4 reports that Ms. Vanzura acquired 7,447 Class A shares on 08/19/2025 through settlement of RSUs.

How many RSUs vested and were settled for SBDS insider Elisabeth Vanzura?

Two RSU tranches settled: 1,197 RSUs vested before the first annual meeting and 6,250 RSUs vested upon her appointment as permanent CMO, totaling 7,447 RSUs settled.

Was there any price paid for the shares reported on the Form 4?

No. The reported transactions show a $0 price indicating settlement of RSUs rather than a cash purchase.

Did the filing reflect any corporate actions that affected share counts?

Yes. The filing states a 1-for-40 reverse stock split effective July 8, 2025, and that reported amounts were adjusted accordingly.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by Chris Blevins, Attorney-In-Fact for Elisabeth Vanzura and is dated 08/20/2025 on the filing.