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 10, 2025, Scott Salmon, EVP of Strategy & Development at SiteOne Landscape Supply, reported the vesting of 279 Restricted Stock Units (RSUs) which converted into common stock on a one-for-one basis.
- Following the vesting, Salmon disposed of 107 shares of common stock at a price of $134.08 to cover tax obligations.
- After these transactions, Salmon directly owns 12,304 shares of SiteOne Landscape Supply common stock and 278 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications.
Industry Context
This is a routine disclosure of insider transactions, which is common for executives holding company stock and equity-based compensation.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Reporting Person was granted 1,114 RSUs, vesting in four equal annual installments beginning on February 10, 2023, subject to the Reporting Person's continued employment. |
| 02/10/2023 | First vesting date of RSUs granted on February 10, 2022. |
| 02/10/2025 | Vesting of 279 Restricted Stock Units and subsequent stock transactions. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
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