Shoals COO has 2,790 shares withheld for tax
Shoals Technologies Group COO Kirsten Moen reported share withholding for RSU tax obligations, with no open-market sale.
Rhea-AI Filing Summary
Shoals Technologies Group, Inc. (SHLS) reported that Chief Operating Officer Kirsten Moen had 2,790 shares of Class A common stock withheld on September 9, 2026 to pay income taxes due upon the vesting of restricted stock units. This was a tax-withholding event, not an open-market sale, and she now holds 95,651 shares directly.
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Insider Trade Summary
Tax Withholding: 2,790 shares
Tax Withholding
1 txn
Insider
Moen Kirsten
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 2,790 | $7.06 | $20K |
Holdings After Transaction:
Class A Common Stock — 95,651 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: 2,790 shares
Share valuation price: $7.06 per share
Shares held after transaction: 95,651 shares
3 metrics
Shares withheld for taxes
2,790 shares
Withheld on September 9, 2026 to satisfy income tax obligations on RSU vesting
Share valuation price
$7.06 per share
Closing price on Nasdaq Global Market on the RSU vesting date used for tax reporting and withholding
Shares held after transaction
95,651 shares
Direct Class A common stock holdings of Kirsten Moen following the tax-withholding event
Key Terms
restricted stock units, withheld by the Issuer, 2021 Long-Term Incentive Plan, income tax obligations
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units"
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.
withheld by the Issuer financial
"shares of common stock that have been withheld by the Issuer"
2021 Long-Term Incentive Plan financial
"Pursuant to the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan"
income tax obligations financial
"to satisfy the income tax obligations of the Reporting Person"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SHLS Chief Operating Officer Kirsten Moen report in this Form 4?
She reported that 2,790 shares of Shoals Technologies Group, Inc. Class A common stock were withheld on September 9, 2026 to satisfy income tax obligations related to vesting restricted stock units. The filing states this does not represent a sale by her.
Was Kirsten Moen’s SHLS Form 4 transaction an open-market sale?
No. A footnote explains the 2,790 shares were withheld by the issuer to satisfy her income tax obligations upon RSU vesting and do not represent a sale by her in the market.
Was Kirsten Moen’s SHLS Form 4 transaction under a Rule 10b5-1 trading plan?
No Rule 10b5-1 trading plan is indicated. The document-level box for such a plan is unchecked, and the footnotes describe the transaction solely as tax withholding related to RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.