Form 4: SiteOne Landscape Supply CFO John Guthrie Executes Stock Option and Sells Shares Under 10b5-1 Plan

John Guthrie, EVP, CFO, and Assistant Secretary of SiteOne Landscape Supply, Inc., exercised stock options and sold 3,000 shares of common stock at $180 per share on March 8, 2024, under a pre-arranged 10b5-1 sales plan.

Summary

• On March 8, 2024, John Guthrie, the EVP, CFO, and Assistant Secretary of SiteOne Landscape Supply, Inc., executed stock options to acquire 3,000 shares at a price of $51.59.
• Simultaneously, Guthrie sold 3,000 shares of common stock at $180 per share.
• These transactions were executed under a Rule 10b5-1 sales plan adopted on August 31, 2023.
• Following these transactions, Guthrie directly owns 15,467 shares of SiteOne Landscape Supply, Inc.
• Guthrie also holds options for 541 shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive under a pre-existing plan. There's no indication of positive or negative implications for the company.

Industry Context

Executive stock transactions are common and closely monitored, especially those executed under 10b5-1 plans, which allow insiders to sell shares at predetermined times to avoid accusations of trading on inside information.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged nature of the sale mitigates concerns about insider information.

Key Dates