Larson John P. 4
Research Summary
AI-generated summary
Solo Brands (SBDS) CEO John Larson Receives 11,201 Shares (RSU Vesting)
What Happened
- John P. Larson, President & CEO and a director of Solo Brands, had 11,201 restricted stock units (RSUs) vest on June 23, 2026 and converted those RSUs into 11,201 shares (transaction code M). No cash exercise price was paid for the conversion. To cover tax withholding, 3,221 of those shares were withheld (transaction code F) at $3.81 per share, totaling $12,272. The withholding is a disposition solely to satisfy tax obligations, not an open-market sale.
Key Details
- Transaction dates/prices: June 23, 2026 — 11,201 RSUs converted to 11,201 shares (price $0.00). June 23, 2026 — 3,221 shares withheld for taxes at $3.81/share (total $12,272).
- Shares owned after transaction: Not specified in the information provided.
- Footnotes of note: F1 — each RSU equals a contingent right to one share; F2 — 3,221 shares withheld to cover tax withholding; F3 — 11,201 RSUs vested on June 23, 2026; remaining unvested RSUs vest quarterly such that all RSUs vest by the stated third-anniversary date, subject to continued service.
- Filing timeliness: Form 4 filed June 25, 2026 for a June 23 transaction — appears to be filed within the typical two-business-day window (timely).
Context
- This was a routine compensation vesting event (RSU conversion) with a cashless tax-withholding disposition of shares; such withholdings are standard and do not necessarily indicate a view on the company’s stock. RSUs convert to shares without an out-of-pocket exercise price, so this is not a purchase.