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Shoals Technologies Group Executive Compensation (FY25)

SHLS · Portland, TN · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 1, 2026
271 figures on this page: 267 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Brandon Moss, Chief Executive Officer, received $5,961,218 in total compensation for fiscal 2025, and Moss' total was 26.5% lower than the $8,108,466 reported for fiscal 2024. The company reported a chief executive pay ratio of 88:1 for fiscal 2025, against median employee compensation of $67,671. For fiscal 2025, shareholders backed the say-on-pay proposal with 60.9% of votes cast including abstentions in favor at the meeting held April 30, 2026. Companies named in the disclosed peer group include Altus Power, Inc., Ameresco, Inc., American Superconductor Corporation, Array Technologies, Inc. and ESCO Technologies Inc., among others.
Chief executive, fiscal 2025
◇
Brandon Moss
Latest say-on-pay support
=
April 30, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brandon Moss: $8,108,466 → $5,961,218 (26.5% lower)
Say-on-pay support: 60.5% → 60.9% (0.4 points higher)
CEO pay ratio: 120:1 → 88:1 (26.7% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Shoals Technologies Group's chief executive and what were they paid?
Brandon Moss, Chief Executive Officer, received $5,961,218 in total compensation for fiscal 2025. Moss' total was 26.5% lower than the $8,108,466 reported for fiscal 2024.
What was Shoals Technologies Group's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 60.9% of votes cast including abstentions in favor at the meeting held April 30, 2026.
Which companies are in Shoals Technologies Group's peer group?
Companies named in the disclosed peer group include Altus Power, Inc., Ameresco, Inc., American Superconductor Corporation, Array Technologies, Inc. and ESCO Technologies Inc., among others.
What is Shoals Technologies Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 88:1 for fiscal 2025, against median employee compensation of $67,671.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jason Whitaker
Former Chief Executive Officer
◇—◇—◇—◇◇
Dominic Bardos
Chief Financial Officer
◇◇◇————◇
Mehgan Peetz
Chief Legal Officer, Corporate Secretary
◇—◇—◇—◇◇
Jeffery Tolnar
Interim Chief Executive Officer, President
Served on an interim basis
◇—◇—◇—◇◇
Philip Garton
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Kevin Hubbard
Former Interim Chief Financial Officer
Departed during or after this year
Served on an interim basis
◇——————◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brandon Moss
Chief Executive Officer
◇◇◇—◇—◇◇
Jason Whitaker
Former Chief Executive Officer
Departed during or after this year
◇—————◇◇
Dominic Bardos
Chief Financial Officer
◇—◇—◇—◇◇
Jeffery Tolnar
President, Former Interim Chief Executive Officer
Departed during or after this year
Served on an interim basis
◇◇◇—◇—◇◇
Mehgan Peetz
Chief Legal Officer and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brandon Moss
Chief Executive Officer
◇◇◇—◇—◇◇
Dominic Bardos
Chief Financial Officer
◇—◇—◇—◇◇
Jeffery Tolnar
President
◇—◇—◇—◇◇
Mehgan Peetz
Former Chief Legal Officer and Corporate Secretary
Departed during or after this year
◇—◇———◇◇
Inez Lund
Chief Accounting Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brandon Moss
Chief Executive Officer
◇—◇—◇—◇◇
Dominic Bardos
Chief Financial Officer
◇—◇—◇—◇◇
Jeffery Tolnar
President
◇—◇—◇—◇◇
Bobbie L. King Jr.
Chief Legal Officer & Corporate Secretary
◇—◇—◇—◇◇
Inez Lund
Former Chief Accounting Officer
Departed during or after this year
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bobbie L. KingPSU◇◇◇—◇—◇
Bobbie L. KingPSU◇—◇—◇—◇
Brandon MossPSU◇◇◇—◇—◇
Brandon MossPSU◇◇◇◇◇—◇
Dominic BardosPSU◇◇◇◇◇—◇
Dominic BardosPSU◇◇◇—◇—◇
Inez LundPSU◇◇◇—◇—◇
Jeffery TolnarPSU◇◇◇◇◇—◇
Jeffery TolnarPSU◇◇◇◇◇—◇
Jeffery TolnarPSU◇◇◇—◇—◇
Jeffery TolnarRSU◇——◇——◇
Jeffery TolnarPSU◇◇◇◇◇—◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Dominic BardosRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Bobbie King Jr.RSU◇◇——
RSU◇◇——
RSU◇◇——
Brandon MossRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jeffery TolnarRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Dominic Bardos
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Jeffery Tolnar
President · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Brandon Moss
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Non-compete period◇
Non-solicit period◇
Inez Lund
Former Chief Accounting Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brad Forth
Board chair
◇◇————◇
Robert Julian
◇◇————◇
Lori Sundberg
◇◇————◇
Ty Daul
◇◇————◇
Toni Volpe
◇◇————◇
Niharika Taskar Ramdev
◇◇————◇
Jeannette Mills
◇◇————◇
Brandon Moss served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 5x annual cash retainer ($375,000)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Altus Power, Inc. AMPS
  • Ameresco, Inc. AMRC
  • American Superconductor Corporation AMSC
  • Array Technologies, Inc. ARRY
  • ESCO Technologies Inc. ESE
  • Fluence Energy, Inc. FLNC
  • Gibraltar Industries, Inc. ROCK
  • Helios Technologies, Inc. HLIO
  • Littelfuse, Inc LFUS
  • Nextracker Inc. symbol not shown
  • Power Integrations, Inc. POWI
  • Rogers Corporation ROG
  • SolarEdge Technologies, Inc. SEDG
  • Sunrun Inc. RUN

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024May 1, 2025=◇◇◇
2023May 2, 2024=◇◇◇
2022May 4, 2023=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Shoals Technologies Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Shoals Technologies Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Say-on-pay responsiveness
Shoals Technologies Group recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysis
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
271 figures on this page: 267 cited to the filing that reported them, 4 calculated from figures it prints.
267 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001831651-26-000055
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001831651-26-000041
    2025 Fiscal Year Summary Compensation Table · COMPENSATION OF NON-EMPLOYEE DIRECTORS · Chief Executive Officer Pay Ratio · Compensation Discussion and Analysis · and 4 more sections
  3. 0001831651-25-000064
    2. Advisory Vote on the Approval of the Compensation of the Company s Named Executive Officers
  4. 0001140361-25-009574
    2024 Fiscal Year Summary Compensation Table
  5. 0001831651-24-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-014778
    2023 Fiscal Year Summary Compensation Table
  7. 0001831651-23-000039
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-013054
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Shoals Technologies Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SHLS (accessed 2026).
Short form: data: Velarion
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Shoals Technologies Group discloses

The companies named in SHLS's own disclosed peer group.

ESCO Technologies Inc.Power Integrations, Inc.SolarEdge Technologies, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy