Solo Brands, Inc.·4

Mar 3, 5:12 PM ET

McGuire David Francis 4

Research Summary

AI-generated summary

Updated

Solo Brands (SBDS) CAO David McGuire Exercises RSUs; Shares Withheld

What Happened

  • David McGuire, Chief Accounting Officer of Solo Brands (SBDS), had restricted stock units (RSUs) convert to 2,165 shares on 2026-02-28.
  • To cover tax withholding, 643 of those shares were surrendered/disposed at $7.31 per share, producing $4,700 in proceeds (226 shares for $1,652 and 417 shares for $3,048). The RSU conversions show $0 exercise price because RSUs convert to shares without a cash exercise payment.

Key Details

  • Transaction date: February 28, 2026; Form 4 filed March 3, 2026 (filing appears timely).
  • Conversion totals: 2,165 shares acquired via RSU conversion (759 + 1,406).
  • Shares withheld for taxes: 643 shares disposed at $7.31 each, total $4,700.
  • Shares owned after the transactions: not specified in the provided filing.
  • Footnotes: F1—Each RSU equals one share of Class A common stock. F2—Withheld shares were used to satisfy tax withholding. F3—Any remaining unvested RSUs will vest on February 28, 2027.

Context

  • This was an RSU vesting/cashless conversion event, not an open-market purchase (so it’s routine compensation-related activity). The withholding of shares to cover taxes is a standard post-vesting action and does not necessarily indicate management buying or selling stock for investment reasons.