Shoals (SHLS) director receives 22,671 RSUs vesting at 2027 meeting

Rhea-AI Filing Summary

Shoals Technologies Group, Inc. director Toni Volpe reported an equity compensation grant of Class A Common Stock. On April 30, 2026, he acquired 22,671 shares at a price of $0.00 per share as a grant of restricted stock units. According to the footnote, these RSUs will vest and be delivered on the date of the 2027 shareholder meeting. Following this award, Volpe directly holds 122,452 shares of Class A Common Stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Volpe Toni

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	22,671	$0.00	--

Holdings After Transaction: Class A Common Stock — 122,452 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 22,671 shares Grant price: $0.00 per share Post-transaction holdings: 122,452 shares

3 metrics

RSU grant size 22,671 shares Restricted stock units granted on April 30, 2026

Grant price $0.00 per share Equity award, non-cash compensation

Post-transaction holdings 122,452 shares Class A Common Stock held directly after grant

Key Terms

restricted stock units, RSUs, shareholder meeting

3 terms

restricted stock units financial

"The reported securities were granted as restricted stock units ("RSUs")"

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.

RSUs financial

"granted as restricted stock units ("RSUs") that will vest"

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

shareholder meeting financial

"will vest on the date of the 2027 shareholder meeting"

A shareholder meeting is a formal gathering where a company's owners—individuals and institutions who hold its stock—review performance, ask questions of management, and vote on important items such as leadership, executive pay, dividend policy, and major transactions. Like a town hall and ballot combined, it matters to investors because decisions made and votes cast there can change who runs the company and how profits are used, directly influencing the value and direction of your investment.

Form 4 Insider Transactions: What Each Field Means →

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

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^*

Volpe Toni

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	04/30/2026		A		22,671(1)	A	$0	122,452	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. The reported securities were granted as restricted stock units ("RSUs") that will vest on the date of the 2027 shareholder meeting and will be delivered thereon.

Remarks:

	/s/ Bobbie King, as Attorney-in-Fact for Toni Volpe	05/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did SHLS director Toni Volpe report?

Director Toni Volpe reported an equity compensation grant of 22,671 shares of Shoals Technologies Group Class A Common Stock, received as restricted stock units that vest at the 2027 shareholder meeting, bringing his direct holdings to 122,452 shares after the grant.

How many SHLS shares did Toni Volpe acquire in this Form 4 filing?

Toni Volpe acquired 22,671 shares of Shoals Technologies Group Class A Common Stock. These were granted as restricted stock units with a stated price of $0.00 per share and are scheduled to vest and be delivered on the date of the 2027 shareholder meeting.

What are the vesting terms of Toni Volpe’s SHLS restricted stock units?

The reported securities were granted as restricted stock units that vest on the date of the 2027 shareholder meeting. The Form 4 notes that the RSUs will be delivered on that same date, tying vesting and delivery to the company’s 2027 shareholder meeting.

What is Toni Volpe’s SHLS share ownership after this transaction?

After the reported grant, Toni Volpe directly owns 122,452 shares of Shoals Technologies Group Class A Common Stock. This figure includes the 22,671 shares acquired through the restricted stock unit award disclosed in the Form 4 insider transaction filing.

Was cash paid for the SHLS shares granted to Toni Volpe?

No cash was paid for these shares. The Form 4 lists a transaction price of $0.00 per share, indicating the 22,671 shares were received as a grant or award of restricted stock units rather than purchased in an open-market cash transaction.

Is Toni Volpe’s SHLS transaction a market buy or compensation grant?

The transaction is a compensation grant, not an open-market purchase. It is coded as an “A” transaction (grant, award, or other acquisition) and described as restricted stock units that will vest and be delivered at the 2027 shareholder meeting.