Form 4: SiteOne EVP Versaggi Reports RSU Vesting and Tax-Related Stock Sale

Shannon Versaggi, EVP at SiteOne Landscape Supply, reported the vesting of Restricted Stock Units and a subsequent sale of shares to cover tax obligations.

Summary

• Shannon Versaggi, EVP of Marketing, Category Management & Pricing at SiteOne Landscape Supply, Inc. (SITE), reported changes in beneficial ownership.
• On February 10, 2026, 232 Restricted Stock Units (RSUs) vested and converted into common stock on a one-for-one basis.
• Following the vesting, 83 shares of common stock were disposed of at a price of $148.78 per share. This disposition is typically for tax withholding purposes related to the RSU vesting.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-scheduled.
• After these transactions, Versaggi beneficially owns 7,143 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting a routine, pre-planned executive compensation transaction with no significant positive or negative implications for the company's operational or financial performance.

Positives

• The vesting of Restricted Stock Units indicates continued employment and retention of a key executive.
• The transaction was executed under a Rule 10b5-1(c) plan, suggesting a pre-planned and routine event rather than a discretionary sale.

Negatives

• No specific negative points are indicated by this routine insider transaction.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU vesting and tax-related sales are common across all industries for executive compensation. This filing does not provide specific industry-wide insights but reflects standard compensation practices for publicly traded companies.

Comparison to Industry Standards

• This filing reports a standard executive compensation event (RSU vesting) and a subsequent tax-related share disposition. Such events are common across publicly traded companies and do not offer specific comparative data against industry benchmarks or competitor projects.

Related Party Transactions

• The reported transaction is a related party transaction as it involves an executive officer of SiteOne Landscape Supply, Inc. acquiring and disposing of company stock.

Stakeholder Impact

• Shareholders: The disposition of 83 shares is a minor dilution event, but the overall impact on shareholders is negligible given the small number of shares relative to the total outstanding.
• Employees: The RSU vesting demonstrates the company's executive compensation structure and retention strategy.

Next Steps

• The remaining unvested RSUs from the 02/10/2022 grant will continue to vest in equal annual installments, subject to continued employment.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-planned insider transaction related to executive compensation (RSU vesting and tax-related sale). It does not provide new information about the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific filing.

Keywords

SiteOne Landscape Supply, SITE, Shannon Versaggi, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Sale, Executive Compensation, Rule 10b5-1