Shoals Technologies (SHLS) CEO has 92,738 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOSS BRANDON
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 92,738 | $6.14 | $569K |
Holdings After Transaction:
Class A Common Stock — 1,155,001 shares (Direct)
Footnotes (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. 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.
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.
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.