Solo Brands (SBDS) General Counsel reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
Solo Brands, Inc. reported an insider equity transaction by its General Counsel, who is an officer of the company. On January 1, 2026, 12 restricted stock units (RSUs) vested and were converted into 12 shares of Class A Common Stock at an exercise price of $0. Of these, 5 shares of Class A Common Stock were withheld at a price of $6.05 per share to cover tax withholding obligations related to the RSU vesting.
After these transactions, the reporting person directly owned 233 shares of Class A Common Stock and held 47 RSUs as derivative securities. Each RSU represents a contingent right to receive one share of Class A Common Stock, and the remaining unvested RSUs are scheduled to vest in four approximately equal quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 12 | $0.00 | -- |
| Exercise | Class A Common Stock | 12 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5 | $6.05 | $30.25 |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of RSUs. 12 RSUs vested on January 1, 2026 and were settled on the transaction date herein. The remaining unvested RSUs will vest in four approximately equal quarterly installments.
FAQ
What insider transaction did Solo Brands (SBDS) report in this Form 4?
Solo Brands reported that its General Counsel had 12 restricted stock units vest on January 1, 2026, which were converted into 12 shares of Class A Common Stock.
What RSU holdings remain for the Solo Brands (SBDS) General Counsel after this Form 4?
After the vesting of 12 RSUs, the insider held 47 restricted stock units as derivative securities, each representing a contingent right to receive one share of Class A Common Stock.
How will the remaining Solo Brands (SBDS) RSUs vest for this insider?
The filing states that the remaining unvested RSUs will vest in four approximately equal quarterly installments after the January 1, 2026 vesting event.
What do the RSUs in this Solo Brands (SBDS) Form 4 represent?
Each restricted stock unit (RSU) represents a contingent right to receive one share of Solo Brands Class A Common Stock upon vesting and settlement.