SITE.NYSESiteone Landscape Supply, INC

Form 4: SiteOne Landscape Supply EVP Joseph Ketter Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Joseph Ketter, EVP of Human Resources at SiteOne Landscape Supply, reports acquisition of shares through performance stock unit settlement and subsequent disposal to cover tax obligations.

Summary

  • On May 6, 2024, Joseph Ketter, EVP of Human Resources at SiteOne Landscape Supply, acquired 1,062 shares of common stock through the settlement of performance stock units awarded in February 2021.
  • On the same day, Ketter disposed of 487 shares to cover tax withholding obligations at a price of $158.12 per share.
  • Following these transactions, Ketter directly owns 12,942 shares of SiteOne Landscape Supply common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Positives

  • Acquisition of shares through performance stock units indicates achievement of performance goals.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like Joseph Ketter, transact in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related stock disposals.

Key Dates

DateDescription
February 2021Performance stock units were awarded.
05/06/2024Acquisition of 1,062 shares and disposal of 487 shares.
05/08/2024Date of signature for the Form 4 filing.

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