Form 4: SiteOne Executive Reports RSU Vesting and Share Disposition
Insider Transaction Report
SiteOne Landscape Supply EVP Shannon Versaggi reported the vesting of 334 Restricted Stock Units and the subsequent sale of 119 shares for tax purposes.
Summary
- Shannon Versaggi, EVP Mktg, Cat. Mgmt. & Pricing at SiteOne Landscape Supply, Inc. (SITE), reported transactions related to her beneficial ownership.
- On February 9, 2026, 334 Restricted Stock Units (RSUs) vested, converting into common stock on a one-for-one basis.
- Following the vesting, 119 shares of common stock were disposed of at a price of $145.65 per share, likely for tax withholding purposes.
- After these transactions, Versaggi beneficially owns 6,994 shares of common stock directly.
- The original grant of 1,339 RSUs occurred on February 9, 2023, with vesting scheduled in four equal annual installments beginning on February 9, 2024, subject to continued employment.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a routine and positive event for the executive, reflecting the realization of previously granted equity compensation. It has a neutral impact on the company's operational or financial outlook.
Positives
- EVP Shannon Versaggi realized compensation through the vesting of 334 Restricted Stock Units, indicating a successful component of her long-term incentive plan.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- NA
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider trading activity, providing transparency into executive compensation and ownership changes rather than broader industry trends. This specific filing reflects a standard compensation event for a senior executive within the landscape supply industry.
Comparison to Industry Standards
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: Provides transparency into executive compensation and ownership, but no direct operational impact.
- Employees: Reflects standard executive compensation practices and the realization of long-term incentives.
Next Steps
- Future annual vesting installments of the original 1,339 RSUs will continue, subject to continued employment.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | Grant date of 1,339 Restricted Stock Units (RSUs) to Shannon Versaggi. |
| 02/09/2024 | First annual vesting installment of RSUs began. |
| 02/09/2026 | Transaction date for the vesting of 334 RSUs and disposition of 119 shares. |
| 02/11/2026 | Signature date of the Form 4 filing by attorney-in-fact. |
Recommendation
holdThis Form 4 filing details a routine vesting of Restricted Stock Units and subsequent tax-related share disposition by a company executive. Such events are standard compensation practices and typically do not alter the fundamental investment thesis for the company. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to warrant a change in investment strategy.
Keywords
SiteOne Landscape Supply, SITE, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Shannon Versaggi
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