Form 4: SiteOne Landscape Supply Executive John Guthrie Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


John Guthrie, EVP, CFO and Assistant Secretary of SiteOne Landscape Supply, Inc., reports the vesting of Restricted Stock Units and subsequent stock transactions.

Summary

  • On February 11, 2025, John Guthrie, EVP, CFO and Assistant Secretary of SiteOne Landscape Supply, Inc., reported transactions involving SiteOne's common stock.
  • Guthrie vested 288 Restricted Stock Units (RSUs), which converted into 288 shares of common stock.
  • Following the vesting, Guthrie disposed of 268 shares of common stock at a price of $133.16 per share.
  • After these transactions, Guthrie directly owns 15,944 shares of SiteOne common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's a standard practice in publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency of insider transactions.
  • Similar filings are made by executives at companies like Home Depot (HD) and Lowe's (LOW) when they engage in stock transactions.
  • The reporting requirements are governed by Section 16(a) of the Securities Exchange Act of 1934.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
  • The impact is likely minimal as the number of shares involved is relatively small compared to the total outstanding shares.

Key Dates

DateDescription
02/11/2021Reporting Person was granted 1,153 RSUs, vesting in four equal annual installments beginning on February 11, 2022, subject to the Reporting Person's continued employment.
02/11/2022First vesting date of RSUs granted on February 11, 2021.
02/11/2025Date of reported transactions: vesting of 288 RSUs and disposal of 268 shares.
02/13/2025Date of signature on the Form 4 filing.

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