King Bobbie Lee Jr 4
Research Summary
AI-generated summary
Shoals (SHLS) Chief Legal Officer King Receives 28,038 RSU Award
What Happened
- King Bobbie Lee Jr, Chief Legal Officer of Shoals Technologies Group, was granted 28,038 restricted stock units (RSUs) on 2026-02-17. The RSUs were granted at $0.00 per share (total reported value $0) as a compensation award rather than a purchase.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19 (timely, two days later).
- Grant: 28,038 RSUs at $0.00 per RSU (reported total $0).
- Shares owned after transaction: not specified in the filing.
- Footnote: Each RSU represents the right to one share of Class A common stock; vesting occurs in three equal installments on March 4, 2027, March 4, 2028, and March 4, 2029.
- Transaction type: Award/Grant (code A) — compensation, not an open-market buy or sale.
Context
- RSUs convert into shares only as they vest, so this grant does not immediately increase public float. Grants are common executive compensation and are not, by themselves, a clear signal of insider sentiment.