Solo Brands counsel exercises RSUs, shares withheld
Solo Brands, Inc. General Counsel Christopher Blevins exercised restricted stock units that converted into 12 shares of Class A Common Stock at $0.00 per share.
Rhea-AI Filing Summary
Solo Brands, Inc. General Counsel Christopher Blevins exercised restricted stock units that converted into 12 shares of Class A Common Stock at $0.00 per share. Of these, 5 shares valued at $3.76 per share were withheld to satisfy tax obligations tied to the RSU vesting.
After these transactions, Blevins directly holds 818 shares of Class A Common Stock and 23 remaining restricted stock units, which will vest in two approximately equal quarterly installments. These events reflect routine equity compensation rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 12 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 12 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5 | $3.76 | $18.80 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
- F2. Represents the number of shares withheld to cover tax withholding obligations in connection with the vesting of RSUs.
- F3. The remaining unvested RSUs will vest in two approximately equal quarterly installments.
Key Figures
Key Terms
Restricted Stock Unit financial
tax withholding obligations financial
derivative exercise/conversion financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Solo Brands (SBDS) General Counsel Christopher Blevins report in this Form 4?
What are restricted stock units (RSUs) in the context of Solo Brands (SBDS)?
How many Solo Brands (SBDS) RSUs vested and converted in this Form 4?
What future vesting schedule is disclosed for Solo Brands (SBDS) RSUs held by Blevins?
AI-generated analysis. How Rhea-AI works. Not financial advice.