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SHOALS TECHNOLOGIES GROUP INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and SHOALS TECHNOLOGIES GROUP INC.’s Form 8-K, filed May 7, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.

  • 5Ballot items
  • 234Asset managers
  • 1,233Fund votes
  • May 1, 2025Meeting date

Results at a glance

Meeting of May 1, 2025: 5 items on SHOALS TECHNOLOGIES GROUP INC.’s Form 8-K, filed May 7, 2025: 3 elected · 2 approved.

Material dissent

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore SHOALS TECHNOLOGIES GROUP INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by SHOALS TECHNOLOGIES GROUP INC.

These tallies are SHOALS TECHNOLOGIES GROUP INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 7, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

SHOALS TECHNOLOGIES GROUP INC. — official shareholder meeting results, meeting held May 1, 2025
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Ty Daul 103,521,962---- 29,967,5889,215,378 78%Elected—
Elect Director: Toni Volpe 103,541,082---- 29,948,4689,215,378 78%Elected—
Elect Director: Niharika Taskar Ramdev 132,847,190---- 642,3609,215,378 99.5%Elected—
2. Advisory Vote on the Approval of the Compensation of the Company's Named Executive Officers The compensation of the Company's named executive officers ("say-on-pay") 80,726,24551,805,858957,447 --9,215,378 61%Approved—
3. Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025 142,473,113152,77079,045 ---- 99.8%Approved—

Source: SHOALS TECHNOLOGIES GROUP INC., Form 8-K, filed with the SEC on May 7, 2025 — read the filing on EDGAR.

How asset managers voted at the SHOALS TECHNOLOGIES GROUP INC. 2024-2025 meeting

Each item below shows how the 234 asset managers that disclosed a SHOALS TECHNOLOGIES GROUP INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Niharika Taskar Ramdev

Official resultFund totals may overlapDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%
FOR: 132,847,190WITHHELD: 642,360
Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: Election of Class I Director Nominees: Niharika Taskar Ramdev

SHOALS TECHNOLOGIES GROUP INC.’s own tally for this item (“Elect Director: Niharika Taskar Ramdev”): 132,847,190 for, 642,360 withheld, per its Form 8-K filed May 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Class I Directors The Company's shareholders elected the following nominees for director to serve as Class I directors for a one-year term expiring in 2026 or until their successors shall have been elected and qualified.”
Support: 99.5% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 63 asset managers voting on “Election of Class I Director Nominees: Niharika Taskar Ramdev” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,595,5120 00For
BlackRock6,637,3770 00For
Fidelity3,062,3470 00For
State Street2,018,2660 00For
Federated Hermes1,664,5610 00For
Charles Schwab1,371,3800 00For
T. Rowe Price1,138,6630 00For
American Century1,036,7710 00For
Invesco901,4720 00For
First Trust737,3530 00For
NORTHERN LIGHTS FUND TRUST II726,7490 00For
Hartford616,6550 00For
TIAA450,1070 00For
Equitable437,8280 00For
Royce436,7850 00For
MassMutual354,7260 00For
Goldman Sachs331,6890 00For
Dimensional325,0520 00For
QUANTITATIVE MASTER SERIES LLC282,8340 00For
Janus Detroit Street Trust265,5470 00For
Lincoln Financial240,3630 00For
ALPS ETF Trust235,1150 00For
John Hancock227,3370 00For
INTEGRITY FUNDS215,0000 00For
M FUND INC213,3110 00For

Fund voting reports, all 63 managers: 44,706,160 for, 648 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “Election of Class I Director Nominees: Niharika Taskar Ramdev” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Erste Asset Management GmbH00 03,784,236Withhold

Institutional-manager reports, all 1 managers: 3,784,236 withheld.

2. Elect Director: Toni Volpe

Official resultFund totals may overlapDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD
FOR: 103,541,082WITHHELD: 29,948,468
Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: Election of Class I Director Nominees: Toni Volpe

SHOALS TECHNOLOGIES GROUP INC.’s own tally for this item (“Elect Director: Toni Volpe”): 103,541,082 for, 29,948,468 withheld, per its Form 8-K filed May 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Class I Directors The Company's shareholders elected the following nominees for director to serve as Class I directors for a one-year term expiring in 2026 or until their successors shall have been elected and qualified.”
Support: 78% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 63 asset managers voting on “Election of Class I Director Nominees: Toni Volpe” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,501,5120 094,000For
BlackRock6,637,3770 00For
Fidelity2,996,4470 065,900For
State Street2,011,7980 06,468For
Federated Hermes1,664,5610 00For
Charles Schwab1,371,3800 00For
T. Rowe Price1,138,6630 00For
American Century00 01,036,771Withhold
Invesco901,4720 00For
First Trust00 0737,353Withhold
NORTHERN LIGHTS FUND TRUST II726,7490 00For
Hartford616,6550 00For
TIAA450,1070 00For
Equitable437,8280 00For
Royce436,7850 00For
MassMutual354,7260 00For
Goldman Sachs331,6890 00For
Dimensional00 0325,052Withhold
QUANTITATIVE MASTER SERIES LLC282,8340 00For
Janus Detroit Street Trust00 0265,547Withhold
Lincoln Financial124,7000 0115,663Mixed
ALPS ETF Trust00 0235,115Withhold
John Hancock167,2730 60,0640Mixed
INTEGRITY FUNDS215,0000 00For
M FUND INC213,3110 00For

Fund voting reports, all 63 managers: 40,758,453 for, 3,859,150 withheld, 89,205 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “Election of Class I Director Nominees: Toni Volpe” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Erste Asset Management GmbH3,784,2360 00For

Institutional-manager reports, all 1 managers: 3,784,236 for.

3. Elect Director: Ty Daul

Official resultFund totals may overlapDIRECTOR ELECTIONSReported outcome: Elected

Combines 6 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD
FOR: 103,521,962WITHHELD: 29,967,588
Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: Election of Class I Director Nominees: Ty Daul

SHOALS TECHNOLOGIES GROUP INC.’s own tally for this item (“Elect Director: Ty Daul”): 103,521,962 for, 29,967,588 withheld, per its Form 8-K filed May 7, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Election of Class I Directors The Company's shareholders elected the following nominees for director to serve as Class I directors for a one-year term expiring in 2026 or until their successors shall have been elected and qualified.”
Support: 78% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 63 asset managers voting on “Election of Class I Director Nominees: Ty Daul” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,501,5120 094,000For
BlackRock6,637,3770 00For
Fidelity2,996,4470 065,900For
State Street2,011,7980 06,468For
Federated Hermes1,664,5610 00For
Charles Schwab1,371,3800 00For
T. Rowe Price1,138,6630 00For
American Century00 01,036,771Withhold
Invesco901,4720 00For
First Trust00 0737,353Withhold
NORTHERN LIGHTS FUND TRUST II726,7490 00For
Hartford616,6550 00For
TIAA450,1070 00For
Equitable437,8280 00For
Royce436,7850 00For
MassMutual354,7260 00For
Goldman Sachs331,6890 00For
Dimensional00 0325,052Withhold
QUANTITATIVE MASTER SERIES LLC282,8340 00For
Janus Detroit Street Trust00 0265,547Withhold
Lincoln Financial124,7000 0115,663Mixed
ALPS ETF Trust00 0235,115Withhold
John Hancock167,2730 60,0640Mixed
INTEGRITY FUNDS215,0000 00For
M FUND INC213,3110 00For

Fund voting reports, all 63 managers: 40,758,453 for, 3,859,150 withheld, 89,205 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “Election of Class I Director Nominees: Ty Daul” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Erste Asset Management GmbH03,784,236 00Against

Institutional-manager reports, all 1 managers: 3,784,236 against.

4. 2. Advisory Vote on the Approval of the Compensation of the Company's Named Executive Officers The compensation of the…

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 15 wordings of this item as funds reported it.

61% Approved · of votes cast

FOR 61%AGAINST
FOR: 80,726,245AGAINST: 51,805,858
Details: description as filed, official tally, votes by 234 asset managers

Description as filed by funds: Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers (i.e., "say-on-pay proposal).

SHOALS TECHNOLOGIES GROUP INC.’s own tally for this item (“2. Advisory Vote on the Approval of the Compensation of the Company's Named Executive Officers The compensation of the Company's named executive officers ("say-on-pay")”): 80,726,245 for, 51,805,858 against — passed, per its Form 8-K filed May 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Advisory Vote on the Approval of the Compensation of the Company's Named Executive Officers The compensation of the Company's named executive officers ("say-on-pay") was approved, on an advisory basis.”
Support: 61% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 63 asset managers voting on “Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers (i.e., "say-on-pa” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,500,48095,032 00For
BlackRock6,637,3770 00For
Fidelity2,996,44765,900 00For
State Street2,011,7986,468 00For
Federated Hermes1,664,5610 00For
Charles Schwab01,371,380 00Against
T. Rowe Price1,123,97414,689 00For
American Century01,036,771 00Against
Invesco0901,472 00Against
First Trust0737,353 00Against
NORTHERN LIGHTS FUND TRUST II0726,749 00Against
Hartford616,6550 00For
TIAA0450,107 00Against
Equitable267,718170,110 00Mixed
Royce00 436,7850Abstain
MassMutual354,7260 00For
Goldman Sachs0331,689 00Against
Dimensional0325,052 00Against
QUANTITATIVE MASTER SERIES LLC282,8340 00For
Janus Detroit Street Trust0265,547 00Against
Lincoln Financial124,700115,663 00Mixed
ALPS ETF Trust0235,115 00Against
John Hancock167,27360,064 00Mixed
INTEGRITY FUNDS0215,000 00Against
M FUND INC0213,311 00Against

Fund voting reports, all 63 managers: 35,334,612 for, 8,935,411 against, 436,785 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 187 asset managers voting on “Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers (i.e., "say-on-pa” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
BlackRock19,960,456173,486 00For
Wellington13,413,8370 00For
PICTET ASSET MANAGEMENT SA05,464,841 00Against
Invesco05,449,161 00Against
State Street4,538,06965,850 00For
Erste Asset Management GmbH00 03,784,236Withhold
PECONIC PARTNERS LLC3,476,5770 00For
GEODE CAPITAL MANAGEMENT, LLC3,085,8120 00For
Redwood Grove Capital, LLC03,014,805 00Against
T. Rowe Price1,805,571185,596 00Mixed
Federated Hermes1,724,3170 00For
Invenomic Capital Management LP01,446,266 00Against
Charles Schwab01,371,385 00Against
Northern Trust1,170,15528,042 00For
M&G Plc01,175,097 00Against
Arosa Capital Management LP1,153,1930 00For
FRONTIER CAPITAL MANAGEMENT CO LLC01,130,658 00Against
Handelsbanken Fonder AB01,116,318 00Against
Mediolanum International Funds Ltd01,115,939 00Against
American Century01,040,251 00Against
Vanguard910,49711,090 00For
UniSuper Management Pty Ltd0920,456 00Against
KESTREL INVESTMENT MANAGEMENT CORP851,2000 00For
SIR Capital Management, L.P.0768,065 00Against
DE Shaw0664,285 00Against

Institutional-manager reports, all 187 managers: 52,752,639 for, 34,171,534 against, 3,784,236 withheld, 414,717 abstained, 11,000 not voted. Showing the 25 largest; see all in the interactive database.

5. 3. Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as…

Official resultFund totals may overlapAUDIT-RELATEDReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

99.8% Approved · of votes cast

FOR 99.8%
FOR: 142,473,113AGAINST: 152,770
Details: description as filed, official tally, votes by 65 asset managers

Description as filed by funds: THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2025.

SHOALS TECHNOLOGIES GROUP INC.’s own tally for this item (“3. Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025”): 142,473,113 for, 152,770 against — passed, per its Form 8-K filed May 7, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025 was ratified.”
Support: 99.8% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 63 asset managers voting on “THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUN” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard18,595,5120 00For
BlackRock6,637,3770 00For
Fidelity3,062,3470 00For
State Street2,018,2660 00For
Federated Hermes1,664,5610 00For
Charles Schwab1,371,3800 00For
T. Rowe Price1,138,6630 00For
American Century1,036,7710 00For
Invesco901,4720 00For
First Trust737,3530 00For
NORTHERN LIGHTS FUND TRUST II726,7490 00For
Hartford616,6550 00For
TIAA450,1070 00For
Equitable437,8280 00For
Royce436,7850 00For
MassMutual354,7260 00For
Goldman Sachs331,6890 00For
Dimensional325,0520 00For
QUANTITATIVE MASTER SERIES LLC282,8340 00For
Janus Detroit Street Trust265,5470 00For
Lincoln Financial240,3630 00For
ALPS ETF Trust235,1150 00For
John Hancock227,3370 00For
INTEGRITY FUNDS215,0000 00For
M FUND INC213,3110 00For

Fund voting reports, all 63 managers: 44,701,711 for, 5,097 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1 asset manager voting on “THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUN” at SHOALS TECHNOLOGIES GROUP INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Erste Asset Management GmbH3,784,2360 00For

Institutional-manager reports, all 1 managers: 3,784,236 for.

Largest SHOALS TECHNOLOGIES GROUP INC. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 166,960,000 shares outstanding at the time of that meeting.

Fund voting reports: top SHOALS TECHNOLOGIES GROUP INC. shareholders by shares voted on “Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers…”, 2024-2025
#Asset manager % of shares outstanding
1Vanguard 11.14%
2BlackRock 3.98%
3Fidelity 1.83%
4State Street 1.21%
5Federated Hermes 1.00%
6Charles Schwab 0.82%
7T. Rowe Price 0.68%
8American Century 0.62%
9Invesco 0.54%
10First Trust 0.44%
Institutional-manager reports: top SHOALS TECHNOLOGIES GROUP INC. shareholders by shares voted on “Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers…”, 2024-2025
#Asset manager % of shares outstanding
1BlackRock 12.06%
2Wellington 8.03%
3PICTET ASSET MANAGEMENT SA 3.27%
4Invesco 3.26%
5State Street 2.76%
6Erste Asset Management GmbH 2.27%
7PECONIC PARTNERS LLC 2.08%
8GEODE CAPITAL MANAGEMENT, LLC 1.85%
9Redwood Grove Capital, LLC 1.81%
10T. Rowe Price 1.19%

Reported SHOALS TECHNOLOGIES GROUP INC. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

SHOALS TECHNOLOGIES GROUP INC. holdings and ownership disclosed for the 2024-2025 proxy season
Holder % outstanding Disclosure
BlackRock 19.01% 13F
Wellington Management 12.95% 13F
T. Rowe Price Associates, Inc. 11.14% 13G
Vanguard Group 8.24% 13F
Point72 4.62% 13F
Invesco 4.07% 13F
State Street 3.55% 13F
Franklin Templeton 2.70% 13F
Geode Capital 2.44% 13F
Morgan Stanley 1.21% 13F

Percentages above are of 166,960,000 shares outstanding, as reported by SHOALS TECHNOLOGIES GROUP INC. on its Form 10-Q dated March 31, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from SHOALS TECHNOLOGIES GROUP INC.’s 10-Q dated March 31, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.

At SHOALS TECHNOLOGIES GROUP INC.'s shareholder meeting held May 1, 2025, in the 2024-2025 proxy season, 234 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 1,233 separate fund positions. On the most widely held item on that ballot — Approval, by an advisory vote, of the compensation of the Company's Named Executive Officers… — SHOALS TECHNOLOGIES GROUP INC.'s filing reports the proposal as approved, with 61% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: SHOALS TECHNOLOGIES GROUP INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 7, 2025.

SHOALS TECHNOLOGIES GROUP INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.