Shoals Technologies (SHLS) director receives 22,671 RSUs, total holdings 122,452 shares

Rhea-AI Filing Summary

Sundberg Lori S reported acquisition or exercise transactions in this Form 4 filing.

Shoals Technologies Group, Inc. director Lori S. Sundberg reported an equity compensation grant in the form of 22,671 shares of Class A Common Stock, issued as restricted stock units at a price of $0.00 per share.

The RSUs will vest on the date of the 2027 shareholder meeting and, under Sundberg’s deferral election, the vested shares will be delivered one month after her separation from service. Following this award, she now holds 122,452 shares of Class A Common Stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sundberg Lori S

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	22,671	$0.00	--

Holdings After Transaction: Class A Common Stock — 122,452 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 22,671 shares Grant price: $0.00 per share Post-transaction holdings: 122,452 shares +2 more

5 metrics

RSU grant size 22,671 shares Class A Common Stock RSUs granted to director

Grant price $0.00 per share RSU award recorded as non-cash compensation

Post-transaction holdings 122,452 shares Direct Class A Common Stock holdings after grant

Vesting date anchor 2027 shareholder meeting RSUs vest on the date of this meeting

Delivery timing 1 month after separation Vested RSUs delivered after service ends

Key Terms

restricted stock units ("RSUs"), deferral election, shareholder meeting, grant, award, or other acquisition

4 terms

restricted stock units ("RSUs") financial

"The reported securities were granted as restricted stock units ("RSUs") that will vest..."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

deferral election financial

"...will be delivered one month following the insider's separation from service, pursuant to the insider's deferral election."

shareholder meeting financial

"...RSUs that will vest on the date of the 2027 shareholder meeting and will be delivered..."

A shareholder meeting is a formal gathering where a company's owners—individuals and institutions who hold its stock—review performance, ask questions of management, and vote on important items such as leadership, executive pay, dividend policy, and major transactions. Like a town hall and ballot combined, it matters to investors because decisions made and votes cast there can change who runs the company and how profits are used, directly influencing the value and direction of your investment.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Sundberg Lori S

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/30/2026		A		22,671(1)	A	$0	122,452	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

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 one month following the insider's separation from service, pursuant to the insider's deferral election.

Remarks:

	/s/ Bobbie King, as Attorney-in-Fact for Lori S. Sundberg	05/01/2026
	** 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).
** 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 did Shoals Technologies Group (SHLS) director Lori Sundberg report on this Form 4?

Lori S. Sundberg reported receiving an equity compensation grant of 22,671 shares of Shoals Technologies Group Class A Common Stock as restricted stock units. The grant was recorded at $0.00 per share and is structured as a non-cash award for board service.

How many Shoals Technologies Group (SHLS) shares did Lori Sundberg acquire in this transaction?

Lori Sundberg acquired 22,671 shares of Shoals Technologies Group Class A Common Stock through a restricted stock unit grant. These shares are part of her director compensation and increase her direct holdings to 122,452 shares after the reported transaction.

When do Lori Sundberg’s Shoals Technologies Group (SHLS) RSUs vest and settle?

The restricted stock units granted to Lori Sundberg vest on the date of the 2027 shareholder meeting. Under her deferral election, the vested shares will then be delivered one month after her separation from service from Shoals Technologies Group’s board.

Is Lori Sundberg’s Shoals Technologies Group (SHLS) Form 4 transaction a market purchase or sale?

The Form 4 transaction is not a market trade; it is a grant classified as a “grant, award, or other acquisition.” Sundberg received 22,671 restricted stock units at $0.00 per share as part of her director compensation, rather than buying shares in the open market.

How many Shoals Technologies Group (SHLS) shares does Lori Sundberg hold after this RSU grant?

After the restricted stock unit grant, Lori Sundberg holds 122,452 shares of Shoals Technologies Group Class A Common Stock directly. This total includes the newly awarded 22,671 RSU-based shares that are subject to vesting and deferred delivery conditions.