Van Bibber David Sean 4

What Happened

• David Van Bibber, Chief Accounting Officer of Shoals Technologies Group, was granted 10,515 restricted stock units (RSUs) on Feb 17, 2026. The filing reports an acquisition price of $0.00 (typical for RSU awards) — the award is not a cash purchase or sale.

Key Details

• Transaction date: 2026-02-17; Form 4 filed 2026-02-19 (timely filing).
• Type/code: A — Grant/award (RSUs).
• Shares/units granted: 10,515 RSUs; reported acquisition price: $0.00.
• Vesting: The RSUs vest in three equal installments on March 4, 2027; March 4, 2028; and March 4, 2029 (per footnote).
• Shares owned after the transaction: Not specified in the provided filing.
• Notes: RSUs represent the right to receive one share of Class A common stock upon vesting; they are not immediately tradable shares.

Context

• RSU grants are a form of compensation and do not necessarily signal an immediate personal investment decision (unlike open-market purchases). The award increases potential future share ownership as the units vest. Retail investors often view grants as part of ongoing executive compensation rather than a direct bullish or bearish indicator.