Form 4: SiteOne Landscape Supply Executive Vice President Shannon Versaggi Reports Stock Transactions
SEC Form 4 Filing
Shannon Versaggi, EVP at SiteOne Landscape Supply, reports the vesting of restricted stock units and subsequent stock disposal to cover tax obligations.
Summary
- On February 10, 2025, Shannon Versaggi, EVP at SiteOne Landscape Supply, vested 232 Restricted Stock Units (RSUs) which converted into common stock on a one-for-one basis.
- Following the vesting, Versaggi disposed of 88 shares of common stock at a price of $134.08 to satisfy tax obligations.
- After these transactions, Versaggi directly owns 5,933 shares of SiteOne Landscape Supply common stock.
- Versaggi also directly owns 232 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Reporting Person was granted 929 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 232 Restricted Stock Units and disposal of 88 shares for tax obligations. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
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