Form 4: SiteOne Director Jack L. Wyszomierski Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Jack L. Wyszomierski reports acquisition of 1,125 deferred stock units of SiteOne Landscape Supply, Inc.
Summary
- Jack L. Wyszomierski, a director of SiteOne Landscape Supply, Inc., filed a Form 4 on May 16, 2025, reporting a transaction on May 14, 2025.
- The transaction involved the acquisition of 1,125 shares of Common Stock in the form of deferred stock units granted as director fees.
- These deferred stock units vest in full upon the earlier of the day preceding the Company's next annual meeting of stockholders and the first anniversary of May 14, 2025.
- Settlement of the deferred stock units is deferred until the earlier of the Reporting Person's termination of board service and a change in control of the Company.
- Following the reported transaction, Wyszomierski beneficially owns 17,934 shares of Common Stock, including deferred stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.
Future Outlook
The deferred stock units will vest upon the earlier of the next annual meeting of stockholders or the first anniversary of May 14, 2025, and will be settled upon termination of board service or a change in control of the Company.
Industry Context
This filing is a routine disclosure of a director's compensation in the form of deferred stock units, which is a common practice in corporate governance to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of deferred stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Acquisition of deferred stock units. |
| 05/14/2026 | First anniversary of the transaction date; one of the vesting conditions for the deferred stock units. |
| 05/16/2025 | Date of Form 4 filing. |
Keywords
Form 4, SiteOne Landscape Supply, Director, Deferred Stock Units, Beneficial Ownership, SITE
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