Kirsten Moen, Chief Operating Officer of Shoals Technologies Group, Inc., filed a Form 4 on September 11, 2026, disclosing that 2,790 shares of Class A Common Stock were withheld by the company on September 9, 2026, to satisfy income tax obligations tied to the vesting of restricted stock units.

Key Highlights

  • Reporting person: Kirsten Moen, Chief Operating Officer of Shoals Technologies Group, Inc. (NASDAQ:SHLS)
  • Transaction date: September 9, 2026
  • Transaction code F: 2,790 shares of Class A Common Stock disposed of (D) via tax withholding at $7.06 per share
  • Post-transaction ownership: 95,651 shares of Class A Common Stock held directly
  • Nature of transaction: Shares withheld by the issuer to cover income tax obligations on vesting RSUs; according to the filing, this "does not represent a sale by the Reporting Person"
  • Price basis: Per the filing, the $7.06 price reflects the closing price on the Nasdaq Global Market on the vesting date, used for tax reporting and withholding under the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan

RSU Vesting Triggers Tax Withholding for Shoals Technologies COO

According to the Form 4 filed with the SEC on September 11, 2026, Kirsten Moen, who serves as Chief Operating Officer of Shoals Technologies Group, Inc., reported a change in beneficial ownership of Class A Common Stock. The transaction, coded "F," reflects shares withheld by the issuer rather than an open-market sale. The filing states the withholding was made "to satisfy the income tax obligations of the Reporting Person in connection with the vesting of restricted stock units."

The filing indicates that 2,790 shares were withheld at a price of $7.06 per share. Per the filing's explanation, that price was determined by "the closing price of the common stock on the Nasdaq Global Market on the date of vesting," applied pursuant to the Shoals Technologies Group, Inc. 2021 Long-Term Incentive Plan for purposes of computing tax reporting and withholding. Following this transaction, Moen directly held 95,651 shares of Class A Common Stock.

The Form 4 was signed by Bobbie King as Attorney-in-Fact for Kirsten Moen and was filed on September 11, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

Shoals Technologies Group COO Kirsten Moen disclosed a tax withholding of 2,790 shares of Class A Common Stock at $7.06 per share on September 9, 2026, connected to RSU vesting, leaving her with 95,651 shares directly owned.