Bardos Dominic 4

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.