Shoals officer reports 108,652-share equity stake
Shoals Technologies Group, Inc. reported the initial equity holdings of Chief People Officer James Ryan Hart on a Form 3.
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Form Type
3
Rhea-AI Filing Summary
Shoals Technologies Group, Inc. reported the initial equity holdings of Chief People Officer James Ryan Hart on a Form 3. He beneficially owns 108,652 shares of Class A Common Stock, including 91,475 restricted stock units that convert into one share each as they vest.
The RSUs vest in multiple tranches between June 1, 2026 and March 4, 2029, and each tranche requires his continued employment through the applicable vesting date. The filing does not show any recent share purchases or sales, only his current ownership position.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hart James Ryan
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 108,652 shares (Direct)
Footnotes (1)
- F1. Includes 91,475 restricted stock units ("RSUs") representing a right to receive one share of the Issuer's Class A Common Stock. Of the RSUs reported herein, (i) 4,872 RSUs will vest on March 4, 2027; (ii) 21,930 RSUs will vest on June 1, 2026 and 10,965 RSUs will vest on June 1, 2027; (iii) 32,680 RSUs will vest in two equal installments on March 4, 2027 and March 4, 2028; and (iv) 21,028 RSUs will vest in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029. In each case, vesting is subject to the Reporting Person's continued employment through the applicable vesting date.
Key Figures
Total beneficial ownership: 108,652 shares
Total RSUs: 91,475 RSUs
RSUs vesting March 4, 2027: 4,872 RSUs
+4 more
7 metrics
Total beneficial ownership
108,652 shares
Class A Common Stock held by Chief People Officer on Form 3
Total RSUs
91,475 RSUs
Restricted stock units convertible into Class A Common Stock
RSUs vesting March 4, 2027
4,872 RSUs
Single tranche vesting on March 4, 2027
RSUs vesting June 1, 2026
21,930 RSUs
First tranche of a grant vesting June 1, 2026
RSUs vesting June 1, 2027
10,965 RSUs
Second tranche of same grant vesting June 1, 2027
RSUs vesting March 4, 2027-2028
32,680 RSUs
Two equal installments on March 4, 2027 and March 4, 2028
RSUs vesting 2027-2029
21,028 RSUs
Three equal installments on March 4, 2027, 2028, and 2029
Key Terms
restricted stock units, Class A Common Stock, vesting, continued employment
4 terms
restricted stock units financial
"Includes 91,475 restricted stock units ("RSUs") representing a right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"representing a right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"Of the RSUs reported herein, (i) 4,872 RSUs will vest on March 4, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued employment financial
"In each case, vesting is subject to the Reporting Person's continued employment"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Shoals Technologies Group (SHLS) Form 3 for James Ryan Hart show?
The Form 3 shows Chief People Officer James Ryan Hart’s initial ownership of 108,652 shares of Shoals Technologies Group Class A Common Stock, including 91,475 RSUs that vest over several years, subject to his continued employment with the company.
How many Shoals Technologies Group (SHLS) RSUs does James Ryan Hart hold?
James Ryan Hart holds 91,475 restricted stock units (RSUs), each representing the right to receive one share of Class A Common Stock. These RSUs vest in scheduled installments between 2026 and 2029, contingent on his continued employment through each vesting date.
When will James Ryan Hart’s Shoals Technologies Group (SHLS) RSUs vest?
The RSUs are scheduled to vest on multiple dates: June 1, 2026 and 2027, and March 4, 2027, 2028, and 2029. Each vesting installment requires that James Ryan Hart remains employed with Shoals Technologies Group through the applicable vesting date.
What role does James Ryan Hart hold at Shoals Technologies Group (SHLS)?
James Ryan Hart is the Chief People Officer of Shoals Technologies Group, Inc. His Form 3 filing discloses his initial beneficial ownership of 108,652 shares of Class A Common Stock, including a substantial portion in the form of time-vested restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
