Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-11

Shoals Technologies Group, Inc. (SHLS)

CEO Brandon Moss was paid $5,961,218 in fiscal year 2025, ↓ down 26.5% from fiscal year 2024, the 50th percentile of its disclosed peer group (SEC filing 0001831651-26-000041 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,961,218 ↓
Brandon Moss total, FY2025
50th
CEO pay percentile vs peers
88:1
CEO-to-median pay ratio
60.86%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Brandon Moss (Chief Executive Officer), FY2025 total compensation $5,961,218 (base salary $791,666) [exec_comp, SEC accession 0001831651-26-000041, filed 2026-03-20]

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SHLS's next annual pay disclosure, estimated March 20, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Brandon Moss$791,666$0$4,400,002$0$699,200$0$70,350$5,961,218
Chief Executive Officer
Dominic Bardos494,79101,374,9990268,486067,6152,205,891
Chief Financial Officer
Jeffery Tolnar440,00001,200,0000259,380017,1401,916,520
President
Bobbie L. King Jr.216,6670800,0070176,640016,7421,210,056
Chief Legal Officer & Corporate Secretary
Inez Lund128,3850249,9990008,628387,012
Former Chief Accounting Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Brandon Moss$5,961,218$8,108,466$5,560,030↓ −2,147,248
Dominic Bardos2,205,8912,950,3302,810,585↓ −744,439
Jeffery Tolnar1,916,5202,005,9082,217,300↓ −89,388
Bobbie L. King Jr.1,210,056———
Inez Lund387,012703,196—↓ −316,184

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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$5,961,218 Brandon Moss total, FY2025

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Data as of September 11, 2026 · Source: 0001831651-26-000041 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

Reports for SHLS

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Executive Compensation ReportThe free page is the headline figures. The report is every award, peer and vote combined into one document you can hand to a committee.$1,500 →Reverse Peer AnalysisThe free page is the one line. The analysis reads every company that names this one in its own peer group.$299 →Peer Teardown ReportThe free page is the headline. The teardown reads every company in the disclosed peer group on its own numbers.$199 →
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Companies that benchmark against SHLS
11 companies name SHLS as a compensation peer

Each company listed discloses SHLS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SHLS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Brad ForthChair of the Board$370,002
Jeannette MillsIndependent Director$255,002
Lori SundbergIndependent Director$270,002
Niharika Taskar RamdevIndependent Director$255,002
Robert JulianIndependent Director$280,002
Toni VolpeIndependent Director$255,002
Ty DaulIndependent Director$255,002
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ty DaulDirector2026-04-30A22,671$0$0CommonForm 4 ↗
Brad ForthDirector2026-04-30A35,26500CommonForm 4 ↗
Lori SundbergDirector2026-04-30A22,67100CommonForm 4 ↗
Jeannette MillsDirector2026-04-30A22,67100CommonForm 4 ↗
Toni VolpeDirector2026-04-30A22,67100CommonForm 4 ↗
Niharika Taskar RamdevDirector2026-04-30A22,67100CommonForm 4 ↗
Robert JulianDirector2026-04-30A22,67100CommonForm 4 ↗
Dominic BardosChief Financial Officer2026-05-08D54,4498461,728CommonForm 4 ↗
Jeffery TolnarPresident2026-06-01D8,63012105,113CommonForm 4 ↗
Dominic BardosChief Financial Officer2026-06-01D30,20412367,885CommonForm 4 ↗
James Ryan HartChief People Officer2026-06-01D6,4791278,914CommonForm 4 ↗
Bobbie L. King Jr.Chief Legal Officer2026-06-15D6,3771065,683CommonForm 4 ↗
Bobbie L. King Jr.Chief Legal Officer2026-06-16D10,00010104,100CommonForm 4 ↗
Bobbie L. King Jr.Chief Legal Officer2026-06-16D6,3771063,515CommonForm 4 ↗
Bobbie L. King Jr.Chief Legal Officer2026-06-16D1,00000CommonForm 4 ↗
Brandon MossDirector2026-07-17D9,1331094,070CommonForm 4 ↗
Brandon MossDirector2026-08-13D104,3868849,702CommonForm 4 ↗
Kirsten MoenChief Operating Officer2026-09-09D2,790719,697CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Dominic BardosPSU2025-02-2074,891149,782—299,564$687,499
Bobbie L. King Jr.RSU2025-06-16——37,454—200,004
Dominic BardosRSU2025-02-20——149,782—687,499
Bobbie L. King Jr.RSU2025-06-16——56,180—300,001
Inez LundRSU2025-02-20——27,233—124,999
Brandon MossRSU2025-02-20——479,303—2,200,001
Jeffery TolnarRSU2025-02-20——130,719—600,000
Bobbie L. King Jr.PSU2025-06-1628,09056,180—112,360300,001
Jeffery TolnarPSU2025-02-2065,360130,719—261,438600,000
Brandon MossPSU2025-02-20239,652479,303—958,6062,200,001
Inez LundPSU2025-02-2013,61727,233—54,466124,999
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Dominic Bardos$687,499$687,499$050.0%
Bobbie L. King Jr.500,005300,001037.5%
Inez Lund124,999124,999050.0%
Brandon Moss2,200,0012,200,001050.0%
Jeffery Tolnar600,000600,000050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Bobbie L. King Jr.RSU112,360—$955,060
Brandon MossRSU353,130—3,001,605
Dominic BardosRSU33,940—288,490
Jeffery TolnarRSU25,991—220,924
Jeffery TolnarRSU261,438—2,222,223
Bobbie L. King Jr.RSU37,454—318,359
Dominic BardosRSU149,782—1,273,147
Jeffery TolnarRSU130,719—1,111,112
Dominic BardosRSU299,564—2,546,294
Bobbie L. King Jr.RSU56,180—477,530
Brandon MossRSU20,591—175,024
Dominic BardosRSU25,455—216,368
Brandon MossRSU958,606—8,148,151
Brandon MossRSU479,303—4,074,076
Dominic BardosRSU115,132—978,622
Brandon MossRSU95,300—810,050
Brandon MossRSU71,475—607,538
Jeffery TolnarRSU32,895—279,608
Jeffery TolnarRSU19,494—165,695
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to align executive pay with performance, support retention of key leaders and reinforce long-term shareholder value creation.

CEO STI target (% of salary)115%
CEO LTI target (% of salary)—
Independent consultantPay Governance
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-3087,873,74254,537,4811,971,03860.86%Passed
20252025-05-0180,726,24551,805,858957,44760.47%Passed
20242024-05-02120,049,75525,980,99472,28282.17%Passed
20232023-05-04122,223,75813,207,807570,17389.87%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-3060.86%a
20252025-05-0160.47%b
20242024-05-0282.17%c

a. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote and therefore will have the same effect as a vote against Proposal 2.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote on Proposal 2 and will therefore have the effect of a negative vote.”.

c. Approved under the standard stated in the filing — “Abstentions will be counted as present and entitled to vote on Proposal 2 and will therefore have the effect of a negative vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)88 : 1
CEO total compensation$5,961,218
Median employee compensation$67,671
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Brad ForthIndependent · Board Chair · Compensation · Governance (Chair)$90,000$280,002$0$0$0$370,002
Robert JulianIndependent · Audit (Chair) · Compensation100,000180,002000280,002
Lori SundbergIndependent · Compensation (Chair) · Governance90,000180,002000270,002
Ty DaulIndependent · Audit75,000180,002000255,002
Niharika Taskar RamdevIndependent · Audit75,000180,002000255,002
Jeannette MillsIndependent · Governance75,000180,002000255,002
Toni VolpeIndependent · Audit75,000180,002000255,002
Brandon MossEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$180,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 15,000
Stock ownership guideline5x annual cash retainer ($375,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$580,000
Equity awards (grant-date value)$1,360,014
All other compensation$0
Total cost of the board$1,940,014

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Shoals Technologies Group, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Shoals Technologies Group, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Nextracker Inc.2026Daniel Shugar$863,000$16,934,598$2,507,690$1,861,750$22,204,244
2Littelfuse, Inc2025Gregory Henderson895,83316,820,24101,722,94519,595,398
3Sunrun Inc.2025Mary Powell850,0005,767,49001,698,3008,331,132
4American Superconductor Corporation2025Daniel McGahn715,7695,644,80001,149,1257,529,025
5Fluence Energy, Inc.2025Julian Nebreda965,0004,400,0301,100,001425,7636,909,044
6Array Technologies, Inc.2025Kevin Hostetler869,1354,776,33401,126,5636,803,799
7Power Integrations, Inc.2025Jennifer Lloyd295,0006,024,623006,321,439
8Shoals Technologies Group, Inc.2025Brandon Moss791,6664,400,0020699,2005,961,218
9ESCO Technologies Inc.2025Bryan Sayler830,5003,052,88601,661,0005,586,139
10SolarEdge Technologies, Inc.2025Yehoshua Shuki Nir725,6673,460,8350746,9685,061,438
11Gibraltar Industries, Inc.2025William Bosway908,2693,202,4400274,5004,731,001
12Altus Power, Inc.2023Lars Norell550,0002,944,134003,494,134
13Helios Technologies, Inc.2025Sean Bagan713,461692,972705,015987,0003,383,351
14Ameresco, Inc.2025George Sakellaris1,500,000155,1001,385,99903,339,804
15Rogers Corporation2025Ali El-Haj558,8881,582,485002,504,583
—SunPower Corporation——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Shoals Technologies Group, Inc.74%not disclosedNoPay Governance
Altus Power, Inc.not disclosednot disclosedNoPearl Meyer
Ameresco, Inc.95%not disclosedNoFW Cook
American Superconductor Corporation159%RSU 50 · PSU 50NoCompensia, Inc.
Array Technologies, Inc.103%RSU 50 · PSU 50NoPay Governance
ESCO Technologies Inc.200%PSU 70 · RSU 30NoPay Governance LLC
Fluence Energy, Inc.36%PSU 40 · RSU 40 · Options 20NoPay Governance
Gibraltar Industries, Inc.25%PSU 64 · RSU 36NoWTW
Helios Technologies, Inc.140%RSU 50 · Options 50NoMercer
Littelfuse, Incnot disclosednot disclosedNoCompensation Strategies, Inc.
Nextracker Inc.not disclosedPSU 40 · RSU 40 · Options 20Yes — Three-year Relative TSRMeridian Compensation Partners, LLC
Power Integrations, Inc.76.8%PSU 50 · RSU 50NoAon's Human Capital Solutions practice
Rogers Corporation5.94%PSU 60 · RSU 40NoCompensia
SolarEdge Technologies, Inc.86.2%PSU 50 · RSU 50NoFrederic W. Cook & Co., Inc.
SunPower Corporationnot disclosednot disclosednot disclosednot disclosed
Sunrun Inc.133.2%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Shoals Technologies Group, Inc. in fiscal 2025?
As disclosed, Brandon Moss (Chief Executive Officer) was the highest-paid executive at Shoals Technologies Group, Inc. in fiscal 2025, with total compensation of $5,961,218.
How does Shoals Technologies Group, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Brandon Moss's total compensation ranked at the 50th percentile of Shoals Technologies Group, Inc.'s disclosed peer group.
What is Shoals Technologies Group, Inc.'s CEO-to-median employee pay ratio?
As disclosed, Shoals Technologies Group, Inc.'s CEO-to-median employee pay ratio was 88:1.
How did shareholders vote on Shoals Technologies Group, Inc.'s executive compensation?
As disclosed, 60.86% of shareholders supported Shoals Technologies Group, Inc.'s executive compensation in the latest say-on-pay vote.
How much does Shoals Technologies Group, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, Shoals Technologies Group, Inc. reported total board compensation of $1,940,014 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Brandon MossDEF 14A2026-03-200001831651-26-000041Section “2025 Fiscal Year Summary Compensation Table”. As printed: 5,961,218. Filing ↗machine: span 828604–828613
2Section 01, Dominic BardosDEF 14A2026-03-200001831651-26-000041Section “2025 Fiscal Year Summary Compensation Table”. As printed: 2,205,891. Filing ↗machine: span 841218–841227
3Section 01, Jeffery TolnarDEF 14A2026-03-200001831651-26-000041Section “2025 Fiscal Year Summary Compensation Table”. As printed: 1,916,520. Filing ↗machine: span 852858–852867
4Section 01, Bobbie L. King Jr.DEF 14A2026-03-200001831651-26-000041Section “2025 Fiscal Year Summary Compensation Table”. As printed: 1,210,056. Filing ↗machine: t128 · r11 · c27 · span 865758–865767
5Section 01, Inez LundDEF 14A2026-03-200001831651-26-000041Section “2025 Fiscal Year Summary Compensation Table”. As printed: 387,012. Filing ↗machine: span 875635–875642
6Section 03, Dominic Bardos PSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 918920–918927
7Section 03, Bobbie L. King Jr. RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 945464–945471
8Section 03, Dominic Bardos RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 921897–921904
9Section 03, Bobbie L. King Jr. RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 942492–942499
10Section 03, Inez Lund RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 957632–957639
11Section 03, Brandon Moss RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 913850–913859
12Section 03, Jeffery Tolnar RSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Bobbie L. King Jr. PSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 939520–939527
14Section 03, Jeffery Tolnar PSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
15Section 03, Brandon Moss PSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 910221–910230
16Section 03, Inez Lund PSUDEF 14A1900-01-010001831651-26-000041Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 953131–953138
17Section 07, pay ratioDEF 14A2026-03-200001831651-26-000041Section “CEO Pay Ratio”. As printed: 88 : 1. Filing ↗
18Section 08, Brad ForthDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 370,002. Filing ↗machine: span 474189–474322
19Section 08, Robert JulianDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 280,002. Filing ↗machine: span 477758–477891
20Section 08, Lori SundbergDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 270,002. Filing ↗machine: span 482982–483115
21Section 08, Ty DaulDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 255,002. Filing ↗machine: span 475886–476019
22Section 08, Niharika Taskar RamdevDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 255,002. Filing ↗machine: span 481311–481444
23Section 08, Jeannette MillsDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 255,002. Filing ↗machine: span 479431–479564
24Section 08, Toni VolpeDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 255,002. Filing ↗machine: span 484850–484983
25Section 08, Brandon MossDEF 14A2026-03-200001831651-26-000041Section “Director Compensation”. As printed: 0. Filing ↗
26Section 02, Ty Daul 2026-04-30Form 42026-05-010001831651-26-000070Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Brad Forth 2026-04-30Form 42026-05-010001831651-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Lori Sundberg 2026-04-30Form 42026-05-010001831651-26-000072Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jeannette Mills 2026-04-30Form 42026-05-010001831651-26-000074Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Toni Volpe 2026-04-30Form 42026-05-010001831651-26-000075Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Niharika Taskar Ramdev 2026-04-30Form 42026-05-010001831651-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Robert Julian 2026-04-30Form 42026-05-010001831651-26-000073Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Dominic Bardos 2026-05-08Form 42026-05-080001831651-26-000085Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Jeffery Tolnar 2026-06-01Form 42026-06-020001831651-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Dominic Bardos 2026-06-01Form 42026-06-020001831651-26-000092Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, James Ryan Hart 2026-06-01Form 42026-06-020001831651-26-000093Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Bobbie L. King Jr. 2026-06-15Form 42026-06-160001831651-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Bobbie L. King Jr. 2026-06-16Form 42026-06-160001831651-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Bobbie L. King Jr. 2026-06-16Form 42026-06-160001831651-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Bobbie L. King Jr. 2026-06-16Form 42026-06-160001831651-26-000100Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Brandon Moss 2026-07-17Form 42026-07-200001831651-26-000102Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Brandon Moss 2026-08-13Form 42026-08-140001831651-26-000110Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Kirsten Moen 2026-09-09Form 42026-09-110001831651-26-000118Insider equity transaction reported since the proxy statement. Filing ↗
44Section 06, 2026 voteForm 8-K2026-05-010001831651-26-000055Item 5.07 · say-on-pay result. As reported: 60.86% (votes for as printed: 87,873,742). Filing ↗
45Section 06, 2025 voteForm 8-K2025-05-070001831651-25-000064Item 5.07 · say-on-pay result. As reported: 60.47% (votes for as printed: 80,726,245). Filing ↗
46Section 06, 2024 voteForm 8-K2024-05-060001831651-24-000035Item 5.07 · say-on-pay result. As reported: 82.17% (votes for as printed: 120,049,755). Filing ↗
47Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
48Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
49Section 09b board cost (computed)Computed——Cash 580,000 + equity 1,360,014 + all other 0 = 1,940,014, summed across the director compensation table rows.machine: formula: Σ = 1,940,014
50Nextracker Inc., Section 10b CEO totalDEF 14A2026-07-070001852131-26-000038CEO total compensation as printed in Nextracker Inc.'s own proxy. As printed: 22,204,244. Filing ↗machine: r5 · c27 · span 968088–968098
51Littelfuse, Inc, Section 10b CEO totalDEF 14A2026-03-120001140361-26-009256CEO total compensation as printed in Littelfuse, Inc's own proxy. As printed: 19,595,398. Filing ↗machine: r2 · c28 · span 1003276–1003287
52Sunrun Inc., Section 10b CEO totalDEF 14A2026-04-150001469367-26-000029CEO total compensation as printed in Sunrun Inc.'s own proxy. As printed: 8,331,132. Filing ↗machine: r3 · c24 · span 715556–715566
53American Superconductor Corporation, Section 10b CEO totalDEF 14A2026-06-180001193125-26-275809CEO total compensation as printed in American Superconductor Corporation's own proxy. As printed: 7,529,025. Filing ↗machine: span 394587–394596
54Fluence Energy, Inc., Section 10b CEO totalDEF 14A2026-01-260001140361-26-002380CEO total compensation as printed in Fluence Energy, Inc.'s own proxy. As printed: 6,909,044. Filing ↗machine: r2 · c25 · span 1396025–1396034
55Array Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-070001140361-26-013682CEO total compensation as printed in Array Technologies, Inc.'s own proxy. As printed: 6,803,799. Filing ↗machine: t254 · r2 · c22 · span 1316076–1316085
56Power Integrations, Inc., Section 10b CEO totalDEF 14A2026-04-210000833640-26-000065CEO total compensation as printed in Power Integrations, Inc.'s own proxy. As printed: 6,321,439. Filing ↗machine: t228 · r8 · c20 · span 1012835–1012844
57Shoals Technologies Group, Inc. (subject), Section 10b CEO totalDEF 14A2026-03-200001831651-26-000041CEO total compensation as printed in Shoals Technologies Group, Inc.'s own proxy. As printed: 5,961,218. Filing ↗machine: span 828604–828613
58ESCO Technologies Inc., Section 10b CEO totalDEF 14A2025-12-100001104659-25-119876CEO total compensation as printed in ESCO Technologies Inc.'s own proxy. As printed: 5,586,139. Filing ↗machine: t222 · r4 · c8 · span 656741–656751
59SolarEdge Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-230001178913-26-002197CEO total compensation as printed in SolarEdge Technologies, Inc.'s own proxy. As printed: 5,061,438. Filing ↗machine: r1 · c6 · span 668014–668023
60Gibraltar Industries, Inc., Section 10b CEO totalDEF 14A2026-04-060000912562-26-000083CEO total compensation as printed in Gibraltar Industries, Inc.'s own proxy. As printed: 4,731,001. Filing ↗machine: t256 · r4 · c11 · span 854722–854731
61Altus Power, Inc., Section 10b CEO totalDEF 14A2024-04-110001828723-24-000049CEO total compensation as printed in Altus Power, Inc.'s own proxy. As printed: 3,494,134. Filing ↗machine: r3 · c18 · span 252702–252711
62Helios Technologies, Inc., Section 10b CEO totalDEF 14A2026-05-040001193125-26-204115CEO total compensation as printed in Helios Technologies, Inc.'s own proxy. As printed: 3,383,351. Filing ↗machine: r2 · c31 · span 1486387–1486396
63Ameresco, Inc., Section 10b CEO totalDEF 14A2026-04-230001628280-26-026695CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. Filing ↗machine: r2 · c39 · span 713614–713623
64Rogers Corporation, Section 10b CEO totalDEF 14A2026-03-240001140361-26-010927CEO total compensation as printed in Rogers Corporation's own proxy. As printed: 2,504,583. Filing ↗machine: r2 · c22 · span 664816–664826
65Section 10a, Helios Technologies, Inc. reciprocityDEF 14A—0001193125-26-204115Helios Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
66Section 10a, Littelfuse, Inc reciprocityDEF 14A—0001140361-26-009256Littelfuse, Inc's most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
67Section 10a, Ameresco, Inc. reciprocityDEF 14A—0001628280-26-026695Ameresco, Inc. names Shoals Technologies Group, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, American Superconductor Corporation reciprocityDEF 14A—0001193125-26-275809American Superconductor Corporation names Shoals Technologies Group, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, ESCO Technologies Inc. reciprocityDEF 14A—0001104659-25-119876ESCO Technologies Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
70Section 10a, Fluence Energy, Inc. reciprocityDEF 14A—0001140361-26-002380Fluence Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
71Section 10a, Nextracker Inc. reciprocityDEF 14A—0001852131-26-000038Nextracker Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
72Section 10a, Rogers Corporation reciprocityDEF 14A—0001140361-26-010927Rogers Corporation's most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
73Section 10a, Array Technologies, Inc. reciprocityDEF 14A—0001140361-26-013682Array Technologies, Inc. names Shoals Technologies Group, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
74Section 10a, Gibraltar Industries, Inc. reciprocityDEF 14A—0000912562-26-000083Gibraltar Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗
75Section 10a, Sunrun Inc. reciprocityDEF 14A—0001469367-26-000029Sunrun Inc.'s most recent proxy was read; its disclosed peer group does not include Shoals Technologies Group, Inc.. Filing ↗

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