Blevins Christopher 4
Research Summary
AI-generated summary
Solo Brands (SBDS) GC Christopher Blevins Converts RSUs; 5 Shares Withheld
What Happened Christopher Blevins, General Counsel of Solo Brands, had restricted stock units (RSUs) convert into shares on 2026-04-01. The Form 4 shows two derivative conversion entries (12 shares each, totaling 24 shares) recorded at $0.00 (RSU conversion). To cover tax withholding, 5 of those shares were surrendered at $3.76 each, generating a cash-equivalent value of $19. Net to Blevins’ holdings from this vesting event is 19 shares.
Key Details
- Transaction date: 2026-04-01 (filed 2026-04-02).
- Entries: two "M" (exercise/conversion of derivative) lines for 12 shares each at $0.00; one "F" (payment of tax withholding) line for 5 shares at $3.76 ($19).
- Net effect: +19 shares received after 5 shares withheld for taxes.
- Footnotes: F1 — each RSU equals one share on vesting; F2 — 5 shares withheld to satisfy tax withholding; F3 — remaining unvested RSUs will vest in two roughly equal quarterly installments.
- Filing timeliness: filed the next day; no indication in the filing of a late report.
Context This was a compensation-related RSU vesting and tax-withholding transaction (not an open-market purchase or a voluntary sale). Tax-withholding via share surrender is a routine administrative step and does not necessarily indicate management sentiment about the stock. Purchases by insiders are generally more informative about bullishness than routine vesting events.