Solo Brands (SBDS) CEO John Larson Receives 11,201 RSU Shares

What Happened

• John P. Larson, President & CEO and a Director of Solo Brands (SBDS), had 11,201 restricted stock units (RSUs) convert into Class A common shares on Sept. 23, 2026. The RSUs converted at $0.00 (no exercise price). To cover tax withholding, 3,221 shares were surrendered/withheld at $3.06 per share for a withholding value of $9,856, leaving a net 7,980 shares delivered to Larson.

Key Details

• Transaction date: 2026-09-23; Form 4 filed 2026-09-25 (timely within the standard 2-business-day window).
• Conversion/vesting: 11,201 RSUs converted to shares (reported as derivative exercise/conversion at $0.00).
• Tax withholding: 3,221 shares withheld at $3.06 each, total withheld value $9,856 (reported as disposition for tax liability).
• Net shares received: 11,201 − 3,221 = 7,980 shares.
• Footnotes: F1—each RSU equals one share; F2—shares withheld to cover taxes; F3—11,201 RSUs vested on Sept. 23, 2026; remaining RSUs vest quarterly through June 23, 2028, subject to continued service.
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context

• This was a vesting/conversion of RSUs rather than a market purchase or an open-market sale. The only "disposition" is via tax withholding (a routine administrative surrender of shares to cover tax obligations), not an indication of a market-sale decision.
• For retail investors, vesting events show management compensation being realized but do not by themselves signal bullish or bearish intent.