Ramdev Niharika 4
4 · Shoals Technologies Group, Inc. · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Shoals (SHLS) Director Ramdev Niharika Receives RSU Award
What Happened
Ramdev Niharika, a director of Shoals Technologies Group, was granted 22,671 restricted stock units (RSUs) on 2026-04-30. The Form 4 reports the acquisition price as $0 (transaction code A), so the filing shows no cash purchase—this is a compensation award rather than an open-market trade.
Key Details
- Transaction date: 2026-04-30; Form 4 filed: 2026-05-01 (timely filing; no late flag indicated).
- Securities: 22,671 RSUs granted; reported acquisition price $0 (total reported value $0 on Form 4).
- Vesting/delivery: RSUs vest on the date of the 2027 shareholder meeting; delivery occurs six months after the insider’s separation from service per the insider’s deferral election (footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Transaction code: A = Award/Grant.
Context
RSU grants are a form of equity compensation and do not imply an immediate market purchase or sale. These awards typically convert to shares on vesting (and may be subject to tax withholding rules at that time). The $0 acquisition reported reflects that the units were granted, not bought; it does not indicate market value at vesting or delivery.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-30+22,671→ 96,011 total
Footnotes (1)
- [F1]The reported securities were granted as restricted stock units ("RSUs") that will vest on the date of the 2027 shareholder meeting and will be delivered six months following the insider's separation from service, pursuant to the insider's deferral election.