Form 4: SiteOne Landscape Supply EVP, CFO John Guthrie Reports Stock Transactions

John Guthrie, EVP, CFO and Assistant Secretary of SiteOne Landscape Supply, Inc., reports acquisition and disposal of common stock related to performance stock unit settlement.

Summary

• On May 6, 2024, John Guthrie, EVP, CFO and Assistant Secretary of SiteOne Landscape Supply, Inc., acquired 1,287 shares of common stock upon settlement of performance stock units awarded in February 2021.
• On the same day, Guthrie disposed of 1,002 shares of common stock at a price of $158.12 to cover tax withholding obligations related to the settlement.
• Following these transactions, Guthrie beneficially owns 15,752 shares of SiteOne Landscape Supply, Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• The acquisition of shares through performance stock units indicates a potential alignment of executive compensation with company performance.

Negatives

• The disposal of shares to cover tax obligations reduces Guthrie's overall holdings in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates