Form 4: SiteOne Landscape Supply Executive Reports Stock Transactions
SEC Form 4 Filing
Joseph Ketter, EVP of Human Resources at SiteOne Landscape Supply, reports the vesting of restricted stock units and subsequent stock disposal to cover tax obligations.
Summary
- On February 11, 2025, Joseph Ketter, EVP of Human Resources at SiteOne Landscape Supply, reported transactions involving the company's common stock.
- Ketter vested 238 Restricted Stock Units (RSUs), which converted into common stock on a one-for-one basis.
- Following the vesting, Ketter disposed of 122 shares of common stock at a price of $133.16 per share to satisfy tax obligations.
- After these transactions, Ketter directly owns 13,663 shares of SiteOne Landscape Supply common stock.
Sentiment
Score: 6
Explanation: The document reflects routine executive compensation activity. It's neutral from an investment perspective as it doesn't indicate any strategic shifts or financial concerns.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 02/11/2021 | Reporting Person was granted 952 RSUs, vesting in four equal annual installments beginning on February 11, 2022. |
| 02/11/2022 | First vesting date of RSUs granted on February 11, 2021. |
| 02/11/2025 | Vesting of 238 Restricted Stock Units and disposal of 122 shares to cover tax obligations. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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