Shoals Technologies (SHLS) CEO has 92,738 shares withheld for RSU taxes

Rhea-AI Filing Summary

Shoals Technologies Group, Inc. director and Chief Executive Officer Brandon Moss reported a Form 4 transaction involving Class A common stock. On March 4, 2026, 92,738 shares were withheld by the company to cover his income tax obligations tied to the vesting of restricted stock units. The filing states this withholding does not represent a sale by Moss. After this tax-withholding disposition, he beneficially owned 1,155,001 shares of Class A common stock directly.

SEC Form 4

FORM 4

UNITED 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

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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)

1400 SHOALS WAY

(Street)

PORTLAND TN 37148

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Shoals Technologies Group, Inc. [ SHLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/04/2026		F		92,738(1)	D	$6.14(2)	1,155,001	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Moss	03/06/2026
	** Signature of Reporting Person	Date
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.

FAQ

What did Shoals Technologies Group (SHLS) CEO Brandon Moss report on this Form 4?

Brandon Moss reported a tax-related share withholding, not an open-market sale. The company withheld 92,738 Class A shares to satisfy income tax obligations from vesting restricted stock units, while Moss continued to hold 1,155,001 shares directly after the transaction.

Was the Shoals Technologies Group (SHLS) CEO’s Form 4 transaction a stock sale?

No, the transaction was not a stock sale. The filing states the 92,738 Class A shares were withheld by Shoals Technologies Group to cover Brandon Moss’s income tax obligations from RSU vesting and explicitly notes it does not represent a sale by him.

How many Shoals Technologies Group (SHLS) shares were withheld for Brandon Moss’s taxes?

Shoals Technologies Group withheld 92,738 Class A common shares for Brandon Moss. These shares covered income tax obligations triggered by the vesting of his restricted stock units, using the Nasdaq Global Market closing price on the vesting date for tax purposes.

How many Shoals Technologies Group (SHLS) shares does Brandon Moss hold after this Form 4?

After the tax-withholding disposition, Brandon Moss directly held 1,155,001 Class A common shares of Shoals Technologies Group. This figure reflects his beneficial ownership following the company’s withholding of 92,738 shares to satisfy income tax obligations from RSU vesting.

Why were Shoals Technologies Group (SHLS) shares withheld from Brandon Moss?

Shares were withheld to satisfy Brandon Moss’s income tax obligations from vested restricted stock units. Under the 2021 Long-Term Incentive Plan, Shoals uses the Nasdaq Global Market closing price on the vesting date to compute tax reporting and withholding for these equity awards.

What plan governed the tax withholding in the Shoals Technologies Group (SHLS) Form 4?

The withholding occurred under the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan. This plan specifies that the Nasdaq Global Market closing price of the common stock on the vesting date is used to calculate required tax reporting and withholding for equity awards.