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

Rhea-AI Filing Summary

John P. Larson, who serves as both a director and the President and CEO of Solo Brands, Inc. (SBDS), reported receipt of equity on 08/19/2025. The filing shows 26,560 shares of Class A common stock were acquired and are beneficially owned following the transaction. These shares reflect settlement of restricted stock units (RSUs): 1,560 RSUs that vested per the first annual meeting schedule and 25,000 RSUs that vested upon Larson's appointment as permanent President and CEO. All settled shares have a reported price of $0 and are held in a direct ownership form. The reported amounts were adjusted for a 1-for-40 reverse stock split effected July 8, 2025. The Form 4 was signed by an attorney-in-fact on 08/20/2025.

Positive

• Transparent disclosure of RSU vesting and settlement with clear vesting triggers stated
• Increase in CEO's direct share ownership by 26,560 Class A shares, aligning executive and shareholder interests
• Adjusted for reverse split and noted explicitly, avoiding ambiguity in share counts

Negative

• No sale or purchase price (shares settled at $0), so the filing does not provide cash value realized
• No post-settlement holding details beyond total shares; further context on total company ownership percentage is not provided

Insights

Corporate Governance Expert

TL;DR: CEO received vested RSUs converted to shares on appointment, standard executive equity compensation, not a cash purchase.

The Form 4 documents settlement of time- and appointment-based RSUs into 26,560 Class A shares at $0, reflecting customary equity compensation tied to executive appointment and routine vesting conditions. The filing notes the shares were adjusted for a 1-for-40 reverse split, which is an administrative adjustment rather than an economic change in ownership percentage. The disclosure is clear on vesting triggers and direct ownership; there is no indication of a sale or any derivative transactions in this filing.

Securities Analyst

TL;DR: Insider accumulation via RSU settlement increases reported direct holdings but shows no cash transaction or sale.

The report shows the reporting person added 26,560 Class A shares through settlement of RSUs with a reported price of $0. This increases the CEO's disclosed direct holdings to 26,560 shares. The transactions were coded as M (conversion/vesting/settlement) and executed on 08/19/2025. No derivative positions remain reported post-settlement. From an investor-disclosure perspective, this is a routine equity grant vesting event fully described in the filing.

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

OMB APPROVAL

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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^*

Larson John P.

(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)
	President and CEO

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		26,560	A	$0(1)	26,560	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			1,560	(2)	(2)	Class A Common Stock	1,560	$0	0	D
Restricted Stock Unit	(1)	08/19/2025		M			25,000	(3)	(3)	Class A Common Stock	25,000	$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 a permanent President and Chief Executive 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 John Larson	08/20/2025
	** 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 4 (b)(v).
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FAQ

What did John P. Larson report on the Form 4 for SBDS?

The Form 4 reports that John P. Larson acquired and beneficially owns 26,560 Class A shares following settlement of RSUs on 08/19/2025.

Why were the shares acquired at a price of $0 in the SBDS Form 4?

The reported $0 price reflects settlement of restricted stock units (RSUs) that convert into shares upon vesting rather than a cash purchase.

How many RSUs were settled in the transaction reported for SBDS?

Two RSU settlements were disclosed: 1,560 RSUs vested per the first annual meeting schedule and 25,000 RSUs vested upon appointment as permanent President and CEO, totaling 26,560 shares.

Was the share count adjusted for corporate actions in the Form 4?

Yes. The filing states the reported amounts were adjusted to reflect a 1-for-40 reverse stock split effected July 8, 2025.

When was the Form 4 signed and filed for the SBDS insider transaction?

The Form 4 was signed by an attorney-in-fact on 08/20/2025 and reports transactions dated 08/19/2025.