Form 4: SiteOne CEO Doug Black Transfers Shares to Family Trust

SiteOne Landscape Supply CEO Doug Black transferred 93,675 shares of common stock to a Spousal Lifetime Access Trust for estate planning purposes.

Summary

• Doug Black, the CEO and a Director of SiteOne Landscape Supply, Inc. (SITE), reported a transaction involving the company's common stock.
• On August 29, 2025, Black transferred 93,675 shares of common stock.
• The transfer was a gift (transaction code 'G') and involved no consideration, meaning the price per share was $0.
• The shares were transferred to a Spousal Lifetime Access Trust (SLAT), where Black's spouse serves as the trustee and his spouse and descendants are beneficiaries.
• Following this transaction, Black directly owns 496,771 shares of common stock.
• Black also indirectly beneficially owns 93,675 shares through the SLAT, though he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The filing reports a personal estate planning transaction by the CEO, which is neutral in terms of direct impact on the company's operational performance or valuation.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This transaction is a personal estate planning matter for the CEO and does not directly relate to broader industry trends or competitive dynamics within the landscape supply sector.

Related Party Transactions

• Transfer of 93,675 shares of common stock for no consideration to a Spousal Lifetime Access Trust (SLAT), where the Reporting Person's spouse is the trustee and the Reporting Person's spouse and descendants are beneficiaries. This is a related party transaction for estate planning purposes.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a personal estate planning transaction by the CEO and does not affect the company's operations, financial health, or strategic direction. The total number of shares outstanding remains unchanged.
• Employees, Customers, Suppliers, Creditors: No direct impact from this personal transaction.

Key Dates

Recommendation

The filing reports a personal estate planning transaction by the CEO, transferring shares to a family trust. This type of transaction typically has no direct bearing on the company's operational performance or future prospects, and therefore does not warrant a change in investment recommendation based solely on this filing.

Keywords

SiteOne Landscape Supply, SITE, Doug Black, CEO, Director, Form 4, Insider Transaction, Stock Transfer, Estate Planning, SLAT