SiteOne (SITE) Notice: 865 Vested Shares to be Sold on NYSE
Rhea-AI Filing Summary
Form 144 notice for SiteOne Landscape Supply, Inc. (SITE): The filer reports a proposed sale of 865 common shares on 08/29/2025 through Fidelity Brokerage Services LLC on the NYSE. The aggregate market value of the proposed sale is listed as $125,485.55 and the issuer’s outstanding common shares are reported as 44,612,581. The 865 shares were acquired on 05/07/2025 by restricted stock vesting from the issuer and the acquisition was compensation. The filer reports nothing to report for securities sold in the past three months.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small proposed insider sale of 865 vested shares, immaterial relative to outstanding shares and unlikely to move the market.
The filing documents a proposed sale of 865 common shares with an aggregate value of $125,485.55, to occur through Fidelity on the NYSE. These shares were acquired via restricted stock vesting on 05/07/2025 as compensation. Given the outstanding share count of 44,612,581, the position represents approximately 0.0019% of outstanding stock, indicating negligible market impact. No sales in the prior three months are reported, and the filer makes the standard representation regarding material nonpublic information.
TL;DR: Routine Rule 144 notice for vested compensation shares; standard disclosures and signature attestation included.
The Form 144 shows the sale arises from restricted stock vesting and payment characterized as compensation, which is a common post-vesting notice under Rule 144. The filer certifies no undisclosed material adverse information and provides broker details. There are no indications of accelerated insider selling or aggregated sales in the past three months, suggesting this is a routine compliance disclosure rather than a governance concern.