Bardos Dominic 4
4 · Shoals Technologies Group, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Shoals (SHLS) CFO Dominic Bardos Withholds 30,204 Shares for Taxes
What Happened
Dominic Bardos, Chief Financial Officer of Shoals Technologies Group (SHLS), had 30,204 shares withheld on 2026-06-01 to satisfy income tax obligations related to the vesting of restricted stock units (RSUs). The filing reports the withholding at $12.18 per share, for a total value of $367,885. This is a tax-withholding event (transaction code F), not an open-market sale by Bardos.
Key Details
- Transaction date and price: 2026-06-01 at $12.18 per share.
- Shares involved: 30,204 shares withheld; total value reported $367,885.
- Transaction code: F (payment of exercise price or tax liability via share withholding).
- Footnotes: F1 clarifies the shares were withheld by the issuer to satisfy income tax obligations and do not represent a sale; F2 notes the company used the Nasdaq closing price on the vesting date to compute withholding.
- Filing timing: Reported on 2026-06-02 (one day after the transaction), which is within the typical Form 4 reporting window.
Context
This was a routine tax-withholding event tied to RSU vesting (a cashless withholding of shares), not a discretionary sale that would signal a change in the insider’s view of the stock. Such withholdings are common when equity awards vest and are used solely to cover the recipient’s tax liability.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-06-01$12.18/sh−30,204$367,885→ 364,775 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.