Shoals Technologies Group (SHLS) CFO reports Form 4 sale for tax withholding

Rhea-AI Filing Summary

Shoals Technologies Group, Inc. disclosed that its Chief Financial Officer, Dominic Bardos, reported a sale of Class A common stock in a Form 4 filing. On 12/05/2025, Bardos disposed of 4,170 shares in a transaction coded "S" at a weighted average price of $7.83 per share, with actual trade prices ranging from $7.80 to $7.86. The filing explains that this was a mandatory sale to cover tax withholding obligations arising from the vesting of restricted stock units. After this transaction, Bardos beneficially owns 412,289 shares of Class A common stock held 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^*

Bardos Dominic

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

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	12/05/2025		S		4,170(1)	D	$7.83(2)	412,289	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. Mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.80 to $7.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.

Remarks:

	/s/ Bobbie King, as Attorney-in-Fact for Dominic Bardos	12/05/2025
	** 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 insider transaction did Shoals Technologies Group (SHLS) report in this Form 4?

The Form 4 reports that Chief Financial Officer Dominic Bardos sold 4,170 shares of Shoals Technologies Group, Inc. Class A common stock on 12/05/2025 in a transaction coded "S".

What price did the Shoals Technologies Group (SHLS) CFO receive for the shares sold?

The filing shows a weighted average sale price of $7.83 per share, with individual trades executed at prices ranging from $7.80 to $7.86 per share.

Why did the Shoals Technologies Group (SHLS) CFO sell 4,170 shares?

The explanation states the sale was a mandatory sale to cover applicable tax withholding obligations realized upon vesting of restricted stock units.

How many Shoals Technologies Group (SHLS) shares does the CFO own after this transaction?

Following the reported sale, Chief Financial Officer Dominic Bardos beneficially owns 412,289 shares of Class A common stock, held directly.

Was the Shoals Technologies Group (SHLS) Form 4 filed for one or multiple reporting persons?

The document indicates that the Form 4 was filed by one reporting person, namely Chief Financial Officer Dominic Bardos.

What role does the reporting person hold at Shoals Technologies Group (SHLS)?

The reporting person, Dominic Bardos, is identified as an Officer of the company, serving as Chief Financial Officer.