Form 4: SiteOne Director Judith Sansone Acquires Deferred Stock Units

Judith Sansone, a director at SiteOne Landscape Supply, acquired 865 deferred stock units as part of director fees.

Summary

• On May 7, 2024, Judith Sansone, a director of SiteOne Landscape Supply, Inc., acquired 865 shares of common stock in the form of deferred stock units.
• These deferred stock units were granted as director fees.
• The units vest fully on the earlier of the day preceding the company's next annual meeting or the first anniversary of May 7, 2024.
• Settlement of these units is deferred until the earlier of Sansone's termination of board service or a change in control of the company.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, aligning director interests with company performance.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

Settlement of the deferred stock units is contingent upon future events: termination of board service or a change in control of the company.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates