Form 4: SiteOne CFO Elema Reports RSU Vesting, Share Transactions

SiteOne Landscape Supply's EVP, CFO, and Assistant Secretary, Eric J. Elema, reported the vesting of Restricted Stock Units and subsequent share transactions.

Summary

• Eric J. Elema, EVP, CFO, and Assistant Secretary of SiteOne Landscape Supply, Inc. (SITE), reported changes in his beneficial ownership.
• On February 7, 2026, 103 Restricted Stock Units (RSUs) vested, converting into 103 shares of common stock.
• Concurrently, 29 shares of common stock were disposed of at a price of $150.01 per share, likely to cover tax obligations related to the RSU vesting.
• Following these transactions, Elema directly beneficially owns 809 shares of common stock and 206 Restricted Stock Units.
• The RSUs reported as beneficially owned are part of a grant of 412 RSUs on February 7, 2024, which vest in four equal annual installments starting February 7, 2025, subject to continued employment.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation and continued alignment of interests, with no significant new information impacting company fundamentals.

Positives

• Vesting of Restricted Stock Units indicates continued employment and alignment of executive interests with shareholder value.
• The acquisition of 103 shares through RSU vesting increases the executive's direct ownership in the company.

Negatives

• Disposition of 29 shares, although likely for tax purposes, represents a reduction in direct shareholding.

Future Outlook

The filing indicates future vesting events for Eric J. Elema's remaining 206 Restricted Stock Units, which are scheduled to vest in equal annual installments, subject to his continued employment.

Industry Context

StockSavvy.ai notes that RSU vesting and subsequent tax-related share dispositions are standard practices in executive compensation across various industries, including the landscape supply sector. This transaction reflects a routine compensation event rather than a discretionary trading decision.

Stakeholder Impact

• Shareholders: The vesting and subsequent sale for tax purposes are routine and have minimal direct impact on overall share price or company operations. It reinforces executive alignment through equity ownership.
• Employees: The RSU vesting demonstrates the company's compensation structure for executives, which may indirectly influence employee perception of compensation practices.

Next Steps

• Remaining Restricted Stock Units (206) will continue to vest in equal annual installments, subject to continued employment.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events (RSU vesting and tax-related share disposition) and does not provide new material information that would alter the fundamental investment thesis for SiteOne Landscape Supply. Investors should continue to hold based on broader company performance and market conditions, as this specific filing offers no catalyst for a change in recommendation.

Keywords

SiteOne Landscape Supply, SITE, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Eric J. Elema, CFO, Share Ownership