Blevins Christopher 4

What Happened

• Christopher Blevins, General Counsel of Solo Brands (SBDS), reported the vesting/conversion of restricted stock units (RSUs) on July 1, 2026. The filing shows an exercise/conversion (derivative) that resulted in 12 shares acquired at $0.00. To cover tax withholding from the vesting, 5 shares were disposed at $3.46 each (~$17). The filing also lists a separate derivative disposal of 12 shares at $0.00; no cash proceeds are reported for that line.

Key Details

• Transaction date: 2026-07-01; Form 4 filed 2026-07-06 (appears later than the 2-business-day filing rule).
• Reported actions: Exercise/conversion of derivative → 12 shares acquired at $0.00; tax withholding → 5 shares disposed at $3.46 ($17); a separate derivative disposal of 12 shares at $0.00.
• Footnotes: F1—each RSU = right to one share; F3—5 shares were withheld for tax withholding; F4—remaining unvested RSUs will vest on Oct 1, 2026; F2—beneficial ownership was adjusted to correct a prior understatement by 6 shares.
• Shares owned after the transaction: not specified in the provided excerpt; filing notes a correction of prior beneficial ownership by +6 shares.

Context

• These entries reflect RSU vesting and related withholding rather than an open-market purchase or deliberate sale for investment purposes. The withholding of shares to satisfy tax obligations is common in RSU vesting and is effectively a cashless tax payment (the only cash amount reported is ~$17 for the 5 withheld shares). The late filing may be noted by regulators and investors, but the transactions themselves are routine equity compensation events.