Key facts
- This page summarizes Jason R. Whitaker's Form 4 filing for Shoals Technologies Group, Inc. (SHLS).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 16 Mar 2023, 18:12.
Jason R. Whitaker - 14 Mar 2023 Form 4 Insider Report for Shoals Technologies Group, Inc. (SHLS)
- Reporting relationship
- Former Chief Executive Officer and Director
- Issuer ticker
- SHLS
- Reported as of
- 14 Mar 2023
- Net transaction value
- -$3,841,408
- SEC form
- 4
- Accepted by SEC
- 16 Mar 2023, 18:12:09 UTC
- Prior SEC filing
- 13 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mehgan Peetz, as Attorney in Fact for Jason R. Whitaker
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jason R. Whitaker filed Form 4 for Shoals Technologies Group, Inc. (SHLS) on 16 Mar 2023.
Change
- Previous filing in this sequence was filed on 13 Mar 2023.
- Current net transaction value: -$3,841,408.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SHLS
transaction
Class A Common Stock
Sale
- Transaction value
- $3,841,408
- Shares
- -181,541
- Change %
- -22%
- Price
- $21.16
- Shares after
- 634,637
- Date
- 14 Mar 2023
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
SHLS
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +53,144
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 500,068
- Date
- 15 Mar 2023
- Ownership
- Direct
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Jason R. Whitaker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Represents shares of the Class A common stock sold to satisfy tax obligations resulting from the previously reported conversion of common units of Shoals Parent LLC (together with an equal number of shares of the Issuer's Class B common stock) into shares of Class A common stock.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.94 through $21.60, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth.
Footnote F3
These shares of Class A common stock are beneficially owned by JRW Strategic Holdings, LLC, for which the Reporting Person is the sole manager. The filing of this Form 4 shall not be construed as an admission that the Reporting Person is the beneficial owner of any or all of the reported securities for purposes of Section 16 or for any other purpose.
Footnote F4
Represents exempt acquisition of shares of Class A common stock upon the accelerated vesting of a prorated portion of outstanding performance stock units, in connection with the Reporting Person's termination of employment due to disability on March 15, 2023.
SEC remarks
Former Chief Executive Officer and Director