Form 4: SiteOne CEO Black Reports RSU Vesting, Tax Withholding
Insider Transaction Report
SiteOne Landscape Supply CEO Doug Black reported the vesting of Restricted Stock Units and subsequent tax-related share disposal on February 7, 2026.
Summary
- Doug Black, CEO and Director of SiteOne Landscape Supply, Inc. (SITE), reported transactions on February 7, 2026.
- 3,094 shares of Common Stock were acquired through the vesting of Restricted Stock Units (RSUs).
- 967 shares of Common Stock were disposed of at a price of $150.01 per share to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Doug Black directly beneficially owns 490,123 shares of Common Stock.
- Indirect beneficial ownership includes 3,591 shares held by a Family Trust and 93,675 shares held by a SLAT.
- The filing also notes that on February 7, 2024, Mr. Black was granted 12,375 RSUs, vesting in four equal annual installments beginning on February 7, 2025.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive, routine insider transaction, reflecting the CEO's continued equity accumulation and alignment with shareholder interests through scheduled RSU vesting.
Positives
- The vesting of 3,094 Restricted Stock Units indicates continued equity accumulation by the CEO, aligning his interests with shareholders.
- The RSU vesting is subject to continued employment, signaling the CEO's ongoing commitment to the company.
Future Outlook
The remaining 6,187 Restricted Stock Units granted on February 7, 2024, are scheduled to vest in future equal annual installments, subject to the CEO's continued employment.
Industry Context
StockSavvy.ai notes that this Form 4 filing is specific to an individual insider's equity transactions and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The CEO's continued accumulation of equity through RSU vesting reinforces alignment of management and shareholder interests.
Next Steps
- Future annual vesting installments of the remaining 6,187 Restricted Stock Units, subject to continued employment.
Key Dates
| Date | Description |
|---|---|
| 02/07/2024 | Date of grant for 12,375 Restricted Stock Units to Doug Black. |
| 02/07/2025 | Date of the first annual vesting installment for the granted RSUs. |
| 02/07/2026 | Date of current RSU vesting and subsequent tax-related share disposal. |
Keywords
SiteOne Landscape Supply, SITE, Doug Black, CEO, Director, Restricted Stock Units, RSU vesting, Insider transaction, Equity ownership, Form 4
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