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Shoals Technologies Group (SHLS) CLO granted 28,038 RSUs vesting through 2029

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

Rhea-AI Filing Summary

Shoals Technologies Group, Inc. reported that Chief Legal Officer Bobbie Lee King Jr acquired 28,038 shares of Class A Common Stock through a grant of restricted stock units. Each RSU represents a right to receive one share. After this award, he holds 121,672 shares directly.

The RSUs will vest in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029, meaning the shares are delivered over time as long as the vesting conditions are met.

Positive

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Negative

  • None.
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*
King Bobbie Lee Jr

(Last) (First) (Middle)
1400 SHOALS WAY

(Street)
PORTLAND TN 37148

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Shoals Technologies Group, Inc. [ SHLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 A 28,038(1) A $0 121,672 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 are restricted stock units ("RSUs") that each represents a right to receive one share of the Issuer's Class A Common Stock. The reported RSUs will vest in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029.
Remarks:
/s/ Bobbie Lee King, Jr. 02/19/2026
** 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.

FAQ

What insider transaction did SHLS report for Bobbie Lee King Jr?

Shoals Technologies Group reported that Chief Legal Officer Bobbie Lee King Jr received 28,038 restricted stock units, each representing one share of Class A Common Stock. This grant increased his directly held total to 121,672 shares following the transaction, according to the Form 4 filing.

How many shares did the SHLS Chief Legal Officer acquire in this Form 4?

The Chief Legal Officer acquired 28,038 restricted stock units, with each unit representing a right to one share of Class A Common Stock. These RSUs were granted at no stated purchase price, and they increased his direct holdings to a total of 121,672 shares after the transaction.

When do the restricted stock units for SHLS Chief Legal Officer vest?

The restricted stock units vest in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029. Each vesting date delivers one-third of the 28,038 units, assuming vesting conditions are satisfied, gradually converting RSUs into shares of Class A Common Stock over three years.

What type of security is involved in this SHLS Form 4 transaction?

The transaction involves restricted stock units tied to Class A Common Stock of Shoals Technologies Group. Each RSU represents a right to receive one share, with no cash price listed, and the units vest over three equal installments on specified March 4 dates from 2027 through 2029.

Did the SHLS insider buy or sell shares on the open market?

The filing shows a grant or award acquisition of 28,038 restricted stock units, not an open-market purchase or sale. The transaction code is “A,” indicating an award, and the per-share price is reported as 0.0000, reflecting compensation rather than a market trade.
Shoals Technologies Group, Inc.

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