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Shoals Technologies (NASDAQ: SHLS) 2026 meeting OKs board, pay and EY

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Shoals Technologies Group, Inc. held its 2026 Annual Meeting of Shareholders on April 30, 2026. Shareholders elected five directors—Ty Daul, Jeannette Mills, Niharika Taskar Ramdev, Lori Sundberg, and Toni Volpe—to one-year terms ending in 2027.

Investors also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. In addition, shareholders ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Ty Daul director votes For 144,039,760 votes Election of directors at 2026 Annual Meeting
Jeannette Mills votes For 104,716,361 votes Director election at 2026 Annual Meeting
Say-on-pay For votes 87,873,742 votes Advisory approval of executive compensation
Say-on-pay Against votes 54,537,481 votes Advisory vote on executive compensation
Auditor ratification For votes 152,798,931 votes Ratification of Ernst & Young LLP for 2026
Auditor ratification Against votes 166,551 votes Ratification of Ernst & Young LLP for 2026
Auditor ratification Abstain votes 116,070 votes Ratification of Ernst & Young LLP for 2026
Annual Meeting of Shareholders regulatory
"held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”)."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
broker non-votes financial
"Ty Daul | 144,039,760 | 342,501 | 8,699,291"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
say-on-pay financial
"The compensation of the Company’s named executive officers (“say-on-pay”) was approved"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accounting firm regulatory
"The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Understanding 8-K Material Events →
False000183165100018316512026-04-302026-04-30

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
——————————
FORM 8-K
——————————
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 30, 2026

——————————
Shoals Technologies Group, Inc.
(Exact name of registrant as specified in its charter)
——————————

Delaware001-3994285-3774438
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
1500 Shoals WayPortlandTennessee37148
(Address of principal executive offices)(Zip Code)
(615)451-1400
(Registrant’s telephone number, including area code)

——————————

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.00001 Par ValueSHLSNasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.07 Submission of Matters to a Vote of Security Holders

On April 30, 2026, Shoals Technologies Group, Inc. (the “Company”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”). The proposals considered at the Annual Meeting are described in the Company’s 2026 Proxy Statement filed with the Securities and Exchange Commission on March 20, 2026. The final voting results for each of the proposals submitted to a vote of the shareholders are set forth below.

1. Election of Directors
The Company’s shareholders elected the following nominees for director to serve as directors for a one-year term expiring in 2027 or until their successors shall have been elected and qualified.
Name
For
Withheld
Broker Non-Votes
Ty Daul
144,039,760342,5018,699,291
Jeannette Mills104,716,36139,665,9008,699,291
Niharika Taskar Ramdev
144,079,992302,2698,699,291
Lori Sundberg
101,299,33643,082,9258,699,291
Toni Volpe143,878,560503,7018,699,291

2. Advisory Vote on the Approval of the Compensation of the Company’s Named Executive Officers
The compensation of the Company’s named executive officers (“say-on-pay”) was approved, on a non-binding, advisory basis.
ForAgainstAbstainBroker Non-Votes
87,873,74254,537,4811,971,0388,699,291

3. Ratification of Appointment of Independent Registered Public Accounting Firm
The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 was ratified.
For
Against
Abstain
152,798,931166,551116,070




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Shoals Technologies Group, Inc.
By:/s/ Dominic Bardos
Name: Dominic Bardos
Title:Chief Financial Officer

Date: May 1, 2026

Source: View Original Filing on SEC EDGAR

FAQ

What did Shoals Technologies Group (SHLS) approve at its 2026 annual meeting?

Shareholders elected five directors, approved executive compensation on an advisory basis, and ratified Ernst & Young LLP as independent auditor for 2026. These outcomes confirm board membership, support pay practices, and continue the existing audit relationship for the current fiscal year.

Which directors were elected at Shoals Technologies Group (SHLS) 2026 Annual Meeting?

Shareholders elected Ty Daul, Jeannette Mills, Niharika Taskar Ramdev, Lori Sundberg, and Toni Volpe to serve one-year terms expiring in 2027. Each nominee received more votes “For” than “Withheld,” confirming the full slate to the company’s board of directors.

Was executive compensation (say-on-pay) approved for Shoals Technologies Group (SHLS)?

Yes. The advisory say-on-pay proposal received 87,873,742 votes For, 54,537,481 Against, and 1,971,038 Abstain, with 8,699,291 broker non-votes. This non-binding result indicates shareholder support for the company’s named executive officer compensation program.

Who is the independent auditor for Shoals Technologies Group (SHLS) for 2026?

Ernst & Young LLP was ratified as independent registered public accounting firm for the year ending December 31, 2026. The ratification received 152,798,931 votes For, 166,551 Against, and 116,070 Abstain, reflecting strong shareholder backing for the existing audit firm.

When was the 2026 Annual Meeting of Shoals Technologies Group (SHLS) held?

The 2026 Annual Meeting of Shareholders took place on April 30, 2026. At this meeting, shareholders voted on director elections, an advisory say-on-pay proposal, and the ratification of Ernst & Young LLP as the company’s independent registered public accounting firm for 2026.

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