Shoals Technologies (SHLS) CEO withholds 9,133 shares for RSU tax obligations
Rhea-AI Filing Summary
Shoals Technologies Group, Inc. Chief Executive Officer Brandon Moss reported a tax-withholding disposition of 9,133 shares of Class A common stock on July 17, 2026, at $10.30 per share, in connection with the vesting of restricted stock units.
These shares were withheld by the company to satisfy his income tax obligations and do not represent a sale by him, leaving 1,145,868 shares of Class A common stock held directly after the transaction.
Positive
- None.
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Insider Trade Summary
Net Seller: 9,133 shares
Net Sell
1 txn
Insider
MOSS BRANDON
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 9,133 | $10.30 | $94K |
Holdings After Transaction:
Class A Common Stock — 1,145,868 shares (Direct)
Footnotes (2)
- F1. Represents shares of common stock that have been withheld by the Issuer to satisfy the income tax obligations of the Reporting Person in connection with the vesting of restricted stock units, and does not represent a sale by the Reporting Person.
- F2. Pursuant to the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan, the closing price of the common stock on the Nasdaq Global Market on the date of vesting is used for purposes of computing tax reporting and withholding.
Key Figures
Shares withheld for taxes: 9,133 shares
Per-share valuation for withholding: $10.30 per share
Post-transaction direct holdings: 1,145,868 shares
+1 more
4 metrics
Shares withheld for taxes
9,133 shares
Class A Common Stock withheld to satisfy income tax obligations on RSU vesting
Per-share valuation for withholding
$10.30 per share
Closing price on Nasdaq Global Market used under 2021 Long-Term Incentive Plan
Post-transaction direct holdings
1,145,868 shares
Class A Common Stock directly owned by Brandon Moss after withholding
Tax withholding shares (summary)
9,133 shares
TaxWithholdingShares reported in transaction summary
Key Terms
restricted stock units, income tax obligations, withheld by the Issuer, 2021 Long-Term Incentive Plan, +1 more
5 terms
restricted stock units financial
"in connection with the vesting of restricted stock units, and does not represent a sale"
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.
income tax obligations financial
"withheld by the Issuer to satisfy the income tax obligations of the Reporting Person"
withheld by the Issuer financial
"Represents shares of common stock that have been withheld by the Issuer to satisfy"
2021 Long-Term Incentive Plan financial
"Pursuant to the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan, the closing price"
closing price financial
"the closing price of the common stock on the Nasdaq Global Market on the date of vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SHLS CEO Brandon Moss report?
CEO Brandon Moss reported a tax-withholding disposition of 9,133 shares of Shoals Technologies Group Class A common stock, tied to the vesting of restricted stock units, rather than a discretionary open-market sale.
Was the SHLS CEO’s tax-withholding transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes do not reference any trading plan, indicating this tax-withholding event was not reported as occurring under a Rule 10b5-1 plan.
What company plan governed the SHLS CEO’s tax withholding on RSU vesting?
The transaction was conducted under the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan, which uses the Nasdaq Global Market closing price on the vesting date for tax reporting and withholding calculations.