Form 4: SiteOne Landscape Supply Executive Scott Salmon Reports Stock Transactions
SEC Form 4 Filing
EVP Scott Salmon reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On February 11, 2025, Scott Salmon, EVP of Strategy & Development at SiteOne Landscape Supply, Inc., reported transactions involving common stock and restricted stock units (RSUs).
- Salmon acquired 276 shares of common stock upon the vesting of RSUs.
- Simultaneously, 105 shares were disposed of to cover tax obligations at a price of $133.16 per share.
- Following these transactions, Salmon directly owns 12,475 shares of SiteOne Landscape Supply, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. These transactions provide transparency into executive stock ownership and potential alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/11/2021 | Reporting Person was granted 1,103 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 | Date of reported transactions: vesting of 276 RSUs and disposal of 105 shares for tax obligations. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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