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Shoals Technologies (SHLS) director awarded 22,671 RSUs with deferred delivery

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

Rhea-AI Filing Summary

JULIAN ROBERT K. reported acquisition or exercise transactions in this Form 4 filing.

Shoals Technologies Group, Inc. director Robert K. Julian received an equity grant of 22,671 shares of Class A Common Stock in the form of restricted stock units. These RSUs will vest on the date of the 2027 shareholder meeting and will be delivered 12 months after his separation from service, consistent with his deferral election. Following this award, he holds 104,096 shares directly.

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Insider JULIAN ROBERT K.
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 22,671 $0.00 --
Holdings After Transaction: Class A Common Stock — 104,096 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 22,671 shares Restricted stock units awarded to director Robert K. Julian
Shares after transaction 104,096 shares Total Class A Common Stock held directly after award
Transaction price per share $0.00 per share Indicates stock-based compensation, not a cash purchase
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.
RSUs financial
"granted as restricted stock units ("RSUs") that will vest on the date of the 2027 shareholder meeting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
deferral election financial
"will be delivered 12 months following the insider's separation from service, pursuant to the insider's deferral election"
shareholder meeting financial
"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.
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*
JULIAN ROBERT K.

(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$0104,096D
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 12 months following the insider's separation from service, pursuant to the insider's deferral election.
Remarks:
/s/ Bobbie King, as Attorney-in-Fact for Robert Julian05/01/2026
** 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 did Shoals Technologies Group (SHLS) disclose about director Robert K. Julian’s latest equity grant?

Shoals Technologies Group reported that director Robert K. Julian received 22,671 restricted stock units of Class A Common Stock. These RSUs represent a compensation-related equity award rather than an open-market purchase, with specific vesting and delivery conditions tied to future service and separation.

How many Shoals Technologies Group (SHLS) shares does Robert K. Julian hold after this Form 4 filing?

After the reported RSU grant, Robert K. Julian holds 104,096 shares of Shoals Technologies Group Class A Common Stock directly. This figure reflects his position following the award reported in the Form 4 and provides context for the relative size of the new grant.

How do the new RSUs for Shoals Technologies Group (SHLS) director vest and settle?

The 22,671 RSUs granted to the Shoals Technologies Group director will vest on the date of the 2027 shareholder meeting. Under his deferral election, the vested shares will then be delivered 12 months after his separation from service with the company, delaying actual share receipt.

Was there a purchase price for the Shoals Technologies Group (SHLS) RSU grant to Robert K. Julian?

No purchase price was paid for this RSU grant, as reflected by a transaction price of $0.00 per share. The award represents stock-based compensation granted by Shoals Technologies Group, rather than shares acquired in an open-market transaction or negotiated purchase.

Is the Shoals Technologies Group (SHLS) Form 4 transaction an open-market buy or a compensation award?

The Form 4 describes a compensation-related equity award, coded as a grant or award acquisition (code A), not an open-market purchase. The 22,671 RSUs were issued as part of director compensation and are subject to vesting and deferred delivery conditions outlined in the footnote.