Form 4: SiteOne Director Larisa Drake Acquires Restricted Stock Units

Director Larisa Drake acquired 1,125 Restricted Stock Units (RSUs) of SiteOne Landscape Supply, Inc. on May 14, 2025, which will vest and settle into common stock.

Summary

• Larisa Drake, a director of SiteOne Landscape Supply, Inc., filed a Form 4 on May 16, 2025, reporting a transaction.
• On May 14, 2025, Ms. Drake acquired 1,125 Restricted Stock Units (RSUs).
• These RSUs convert into common stock on a one-for-one basis.
• The RSUs will vest and settle upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders and (ii) the first anniversary of May 14, 2025, subject to continued service as a non-employee director.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted to a director. It doesn't inherently indicate positive or negative performance, but rather aligns interests.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will vest and settle upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders and (ii) the first anniversary of May 14, 2025, in each case subject to the Reporting Person's continued service as a non-employee director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of those with the most knowledge of the company's prospects.

Stakeholder Impact

• The acquisition of RSUs by a director can align the director's interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.

Key Dates

Keywords

SiteOne Landscape Supply, Larisa Drake, Restricted Stock Units, RSUs, Director, Form 4, Beneficial Ownership, Equity Securities