|4Feb 9, 4:51 PM ET

COFFEY LAURA A 4

Research Summary

AI-generated summary

Updated

Solo Brands (SBDS) CFO Laura Coffey Converts RSUs; 618 Shares Withheld

What Happened

  • Laura A. Coffey, CFO of Solo Brands (SBDS), had 2,083 restricted stock units (RSUs) convert into 2,083 shares of Class A common stock on 2026-02-05. To cover tax withholding, 618 of those shares were surrendered/withheld at $6.18 each, totaling about $3,819. The conversion of the RSU derivative is reported as an exercise/conversion (code M) and the withholding as a tax payment (code F).

Key Details

  • Transaction date: 2026-02-05; Form 4 filed 2026-02-09 (filed within the SEC’s two-business-day deadline).
  • Conversion: 2,083 RSUs converted to 2,083 shares (reported as M, $0.00 exercise price).
  • Tax withholding: 618 shares withheld/disposed at $6.18 per share, proceeds ≈ $3,819 (reported as F; represents shares withheld to cover tax obligations).
  • Footnotes: F1—each RSU equals one share on settlement; F2—shares withheld to cover taxes; F3—remaining unvested RSUs will vest in one approximately equal annual installment.
  • Shares owned after the transaction are not specified in the provided data.

Context

  • This was not an open‑market purchase or sale for investment gain; it was the routine conversion/settlement of RSUs upon vesting with a portion withheld for taxes (a common cashless/tax-withholding settlement).
  • Such withholding transactions are administrative and don’t necessarily signal insider sentiment about the stock.