Form 4: SiteOne Landscape Supply EVP, General Counsel & Secretary Reports Stock Transactions

Briley Brisendine, EVP, General Counsel & Secretary of SiteOne Landscape Supply, Inc., reports acquisition of shares through performance stock unit settlement and subsequent disposal to cover tax obligations.

Summary

• On May 6, 2024, Briley Brisendine, EVP, General Counsel & Secretary of SiteOne Landscape Supply, Inc., acquired 1,398 shares of common stock through the settlement of performance stock units awarded in February 2021.
• The acquisition price was $0.
• On the same day, 418 shares were disposed of to cover tax withholding obligations at a price of $158.12 per share.
• Following these transactions, Brisendine directly owns 10,264 shares of SiteOne Landscape Supply, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the transactions are part of a standard compensation package and tax obligations.

Positives

• The acquisition of shares through performance stock unit settlement indicates that performance targets were met.

Negatives

• The disposal of shares to cover tax obligations reduces the overall shareholding.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.

Stakeholder Impact

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

Key Dates