STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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)
  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 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
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.

At what price were the SHLS shares valued for Kirsten Moen’s tax withholding?

The shares were valued at $7.06 per share, which the filing states is the closing price of Shoals Technologies Group, Inc. common stock on the Nasdaq Global Market on the vesting date, used to compute tax reporting and withholding under the 2021 Long-Term Incentive Plan.

How many SHLS shares does Kirsten Moen hold after this reported transaction?

After the tax-withholding transaction, Kirsten Moen directly holds 95,651 shares of Shoals Technologies Group, Inc. Class A common stock. The withheld 2,790 shares reduced the gross RSU vesting amount for tax payment purposes.

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.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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*
Moen Kirsten

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2026
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 Stock09/09/2026F2,790(1)D$7.06(2)95,651D
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 Kirsten Moen09/11/2026
** 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)

Keep reading