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SharkNinja (SN) CEO exercises 467,909 RSUs and withholds 182,904 shares for tax

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SharkNinja, Inc. Chief Executive Officer Mark Barrocas reported several equity transactions. He exercised 467,909 Restricted Share Units, converting them into the same number of ordinary shares at a per-share price of $0.00. On the same date, 182,904 ordinary shares were disposed of at $122.87 per share to cover tax obligations. The RSUs, granted on July 31, 2023, included 140,373 time-based and 327,536 performance-based units that fully vested on February 28, 2026.

Positive

  • None.

Negative

  • None.
Insider Barrocas Mark
Role Chief Executive Officer
Type Security Shares Price Value
Exercise Restricted Share Units 467,909 $0.00 --
Exercise Ordinary Shares 467,909 $0.00 --
Tax Withholding Ordinary Shares 182,904 $122.87 $22.47M
Holdings After Transaction: Restricted Share Units — 0 shares (Direct); Ordinary Shares — 2,629,563 shares (Direct)
Footnotes (1)
  1. Each Restricted Share Unit represents the contingent right to receive one ordinary share. These Restricted Share Units consist of 140,373 time-based Restricted Share Units and 327,536 performance-based Restricted Share Units that were granted on July 31, 2023 and vested in full on February 28, 2026. The time-based Restricted Share Units were previously reported on the Form 3 filed by the Reporting Person on January 2, 2026. The performance-based Restricted Share Units are being reported for the first time on this Form 4 in connection with their vesting.
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*
Barrocas Mark

(Last) (First) (Middle)
89 A STREET

(Street)
NEEDHAM MA 02494

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SharkNinja, Inc. [ SN ]
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)
02/28/2026
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
Ordinary Shares 02/28/2026 M 467,909 A $0 2,629,563 D
Ordinary Shares 02/28/2026 F 182,904 D $122.87 2,446,659 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
Restricted Share Units (1) 02/28/2026 M 467,909 (2) (2) Ordinary Shares 467,909 $0 0 D
Explanation of Responses:
1. Each Restricted Share Unit represents the contingent right to receive one ordinary share.
2. These Restricted Share Units consist of 140,373 time-based Restricted Share Units and 327,536 performance-based Restricted Share Units that were granted on July 31, 2023 and vested in full on February 28, 2026. The time-based Restricted Share Units were previously reported on the Form 3 filed by the Reporting Person on January 2, 2026. The performance-based Restricted Share Units are being reported for the first time on this Form 4 in connection with their vesting.
Remarks:
/s/ Pedro J. Lopez-Baldrich, Attorney-in-Fact for Mark Barrocas 03/03/2026
** 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 insider transactions did SharkNinja (SN) CEO Mark Barrocas report?

Mark Barrocas reported exercising 467,909 Restricted Share Units into ordinary shares and disposing of 182,904 ordinary shares. The disposition was coded as a tax-withholding transaction, meaning shares were delivered to satisfy tax obligations rather than an open-market sale.

How many SharkNinja (SN) RSUs vested for the CEO and when?

A total of 467,909 Restricted Share Units vested for the CEO on February 28, 2026. These comprised 140,373 time-based RSUs and 327,536 performance-based RSUs originally granted on July 31, 2023 under his equity compensation arrangements.

What type of Form 4 transaction code was used in the SharkNinja (SN) filing?

The filing used code M for the exercise or conversion of derivative securities and code F for tax-withholding disposition. Code M reflects RSUs converting into ordinary shares, while code F indicates shares delivered to pay taxes owed on the equity award.

Did SharkNinja (SN) CEO Barrocas buy or sell shares on the open market?

The reported transactions do not show open-market buys or sells. Shares were acquired through RSU vesting and derivative exercise, while the disposition, coded F, represents shares withheld or delivered to cover tax liabilities related to those equity awards.

How many SharkNinja (SN) shares does the CEO hold after these transactions?

After the RSU conversion and tax-withholding disposition, Mark Barrocas directly owned 2,446,659 ordinary shares. This figure reflects his direct holdings following the February 28, 2026 transactions reported in the Form 4 filing.

What is the significance of the performance-based RSUs in SharkNinja (SN)'s Form 4?

The performance-based RSUs, totaling 327,536 units, were reported for the first time upon vesting. Their inclusion indicates previously unreported performance-conditioned awards granted on July 31, 2023 that fully vested on February 28, 2026, increasing the CEO’s equity-based compensation.