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Shoals Technologies (SHLS) CEO withholds 9,133 shares for RSU tax obligations

(Neutral)
(Neutral)
Form Type
4

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

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Negative

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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)
  1. 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.
  2. 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.
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
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.

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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.

At what price were the 9,133 SHLS shares valued for the tax withholding?

The 9,133 withheld shares were valued at $10.30 per share, using the closing price on the Nasdaq Global Market on the vesting date, as specified under the company’s 2021 Long-Term Incentive Plan.

How many SHLS shares does Brandon Moss hold after this Form 4 transaction?

Following the tax withholding, Brandon Moss directly holds 1,145,868 shares of Shoals Technologies Group Class A common stock, as reported in the Form 4’s post-transaction ownership field.

Does the SHLS Form 4 indicate that Brandon Moss sold shares in the market?

No. The filing states the 9,133 shares were withheld to satisfy income tax obligations related to restricted stock unit vesting and explicitly notes this does not represent a sale by Brandon Moss.

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.
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*
MOSS BRANDON

(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
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/17/2026
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 Stock07/17/2026F9,133(1)D$10.3(2)1,145,868D
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. 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.
2. 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.
Remarks:
/s/ Bobbie King, as Attorney-in-Fact for Brandon Moss07/20/2026
** 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)