Bardos Dominic 4
4 · Shoals Technologies Group, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Shoals (SHLS) CFO Dominic Bardos Withholds 27,114 Shares for Taxes
What Happened
Dominic Bardos, Chief Financial Officer of Shoals Technologies Group, had 27,114 shares of common stock withheld by the company to satisfy income tax obligations arising from the vesting of restricted stock units. The withholding was recorded at $6.14 per share, for a total value of approximately $166,480. This transaction is a tax-withholding event (code F) and does not represent an open-market sale by the reporting person.
Key Details
- Transaction date: 2026-03-04; Form filed: 2026-03-06 (reported two days after the transaction).
- Shares withheld: 27,114 at $6.14 per share; total value ≈ $166,480.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — shares were withheld by the issuer to satisfy income tax obligations and do not represent a sale by the reporting person. F2 — the company used the Nasdaq closing price on the vesting date to compute tax reporting/withholding.
- Transaction code: F (tax withholding on vesting of RSUs).
Context
Tax-withholding via share retention is a routine administrative action when restricted stock units vest; it’s generally not an indicator of the insider’s broader view of the company’s stock. This was a withholding for tax obligations (not a market sale or purchase).
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-03-04$6.14/sh−27,114$166,480→ 449,428 total
Footnotes (2)
- [F1]Represents shares of common stock that have been withheld by the Issuer to satisfy the income tax obligations of the Reporting Person in connection with the vesting of restricted stock units, and does not represent a sale by the Reporting Person.
- [F2]Pursuant to the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan, the closing price of the common stock on the Nasdaq Global Market on the date of vesting is used for purposes of computing tax reporting and withholding.