STOCK TITAN

Shoals Technologies (SHLS) director receives 22,671-share RSU equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Daul Ty P. reported acquisition or exercise transactions in this Form 4 filing.

Shoals Technologies Group, Inc. director Ty P. Daul received an award of 22,671 shares of Class A Common Stock in the form of restricted stock units. After this grant, he holds 127,952 shares directly. The RSUs will vest on the date of the 2027 shareholder meeting and will be delivered on July 1, 2028 pursuant to his deferral election.

Positive

  • None.

Negative

  • None.
Insider Daul Ty P.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 22,671 $0.00 --
Holdings After Transaction: Class A Common Stock — 127,952 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 22,671 shares Restricted stock units granted to director Ty P. Daul
Holdings after grant 127,952 shares Total Class A Common Stock directly held after transaction
Grant price per share $0.0000 per share Indicates compensation award, not open-market purchase
Vesting timing 2027 shareholder meeting RSUs vest on the date of the 2027 shareholder meeting
Share delivery date July 1, 2028 Vested RSUs delivered pursuant to deferral election
restricted stock units financial
"The reported securities were granted as restricted stock units ("RSUs") that will vest"
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.
deferral election financial
"will be delivered July 1, 2028, pursuant to the insider's deferral election"
Class A Common Stock financial
"security_title": "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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Daul Ty P.

(Last)(First)(Middle)
1500 SHOALS WAY

(Street)
PORTLAND TENNESSEE 37148

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Shoals Technologies Group, Inc. [ SHLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/30/2026A22,671(1)A$0127,952D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported securities were granted as restricted stock units ("RSUs") that will vest on the date of the 2027 shareholder meeting and will be delivered July 1, 2028, pursuant to the insider's deferral election.
Remarks:
/s/ Bobbie King, as Attorney-in-Fact for Ty P. Daul05/01/2026
** Signature of Reporting PersonDate
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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Shoals Technologies Group (SHLS) report for Ty P. Daul?

Shoals Technologies Group reported that director Ty P. Daul received 22,671 shares of Class A Common Stock as a restricted stock unit grant. This is a compensation-related award, not an open-market purchase or sale, and increases his directly held shares to 127,952.

How many Shoals Technologies Group (SHLS) shares does Ty P. Daul hold after this Form 4 transaction?

After the restricted stock unit grant, Ty P. Daul holds 127,952 shares of Shoals Technologies Group Class A Common Stock directly. The 22,671 newly granted shares are structured as RSUs that vest in 2027 and will be delivered in 2028 under his deferral election.

Was cash paid for the Shoals Technologies Group (SHLS) shares granted to Ty P. Daul?

The shares were granted at a reported price per share of $0.0000, indicating a compensation award rather than a purchase. The 22,671 shares were issued as restricted stock units tied to future vesting and delivery dates, consistent with typical director equity compensation.

When do Ty P. Daul’s Shoals Technologies Group (SHLS) RSUs vest and settle?

The restricted stock units granted to Ty P. Daul vest on the date of the 2027 shareholder meeting. According to the disclosure, vested shares will then be delivered on July 1, 2028, reflecting his prior deferral election for settlement timing.

Is Ty P. Daul’s Form 4 transaction in Shoals Technologies Group (SHLS) an open-market trade?

No, the Form 4 shows a grant of 22,671 restricted stock units, categorized as a grant or award acquisition. The transaction price is listed as $0.0000 per share, confirming this is equity compensation, not an open-market buy or sell of existing shares.