Form 4: Shoals Technologies Group CFO Reports Tax Withholding Transaction
SEC Filing (Form 4)
Dominic Bardos, CFO of Shoals Technologies Group, reports a transaction related to tax withholding obligations on vested RSUs.
Summary
- On October 17, 2024, Dominic Bardos, the Chief Financial Officer of Shoals Technologies Group, Inc., reported a transaction on Form 4.
- The transaction involved 1,758 shares of Class A Common Stock withheld by the issuer to cover income tax obligations related to the vesting of 4,466 RSUs.
- The price per share for the withholding was $4.94.
- Following the transaction, Bardos directly owns 225,409 shares of Class A Common Stock.
- Bardos has granted power of attorney to Chris Johnson, Inez Lund, and Matt Tractenberg for Section 16 reporting obligations.
Sentiment
Score: 7
Explanation: The document reflects standard executive compensation practices and regulatory compliance, indicating a neutral to slightly positive sentiment as it reflects normal business operations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of the transaction (tax withholding) and Power of Attorney. |
| 10/18/2024 | Date of signature for the report. |
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