Shoals Technologies Group (SHLS) CLO granted 28,038 RSUs vesting through 2029
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
King Bobbie Lee Jr
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 28,038 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 121,672 shares (Direct)
Footnotes (1)
- [object Object]
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.
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.