Form 4: SiteOne Landscape Supply CEO Doug Black Reports Stock Transactions
SEC Form 4 Filing
CEO Doug Black of SiteOne Landscape Supply, Inc. reports acquisition and disposal of common stock related to performance stock units.
Summary
- On May 6, 2024, Doug Black, CEO of SiteOne Landscape Supply, acquired 6,716 shares of common stock upon settlement of performance stock units awarded in February 2021.
- On the same day, 3,012 shares were disposed of to cover tax withholding obligations at a price of $158.12 per share.
- Following these transactions, Black directly owns 578,361 shares of SiteOne Landscape Supply common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| February 2021 | Performance stock units were awarded. |
| 05/06/2024 | Acquisition of 6,716 shares and disposal of 3,012 shares. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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