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 and subsequent sale of restricted stock units.
Summary
- Shannon Versaggi, an Executive Vice President at SiteOne Landscape Supply, filed a Form 4 detailing changes in beneficial ownership.
- On February 7, 2025, 516 Restricted Stock Units (RSUs) vested and were converted into common stock, followed by the sale of 210 shares to cover tax obligations at a price of $133.13 per share.
- Following these transactions, Versaggi directly owns 5,591 shares of common stock and 1,546 RSUs.
- On February 9, 2025, 335 Restricted Stock Units (RSUs) vested and were converted into common stock, followed by the sale of 137 shares to cover tax obligations at a price of $133.13 per share.
- Following these transactions, Versaggi directly owns 5,789 shares of common stock and 669 RSUs.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and stock transactions, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/09/2023 | The Reporting Person was granted 1,339 RSUs, vesting in four equal annual installments beginning on February 9, 2024, subject to the Reporting Person's continued employment. |
| 02/07/2024 | The Reporting Person was granted 2,062 RSUs, vesting in four equal annual installments beginning on February 7, 2025, subject to the Reporting Person's continued employment. |
| 02/07/2025 | 516 RSUs vested and converted to common stock; 210 shares sold for tax obligations. |
| 02/09/2025 | 335 RSUs vested and converted to common stock; 137 shares sold for tax obligations. |
| 02/11/2025 | Date of Form 4 filing. |
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