SiteOne (SITE) director converts 878 RSUs, raising holdings to 10,317 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply, Inc. director Jeri L. Isbell settled previously granted Restricted Stock Units into common shares. On May 1, 2026, 878 RSUs converted into 878 shares of common stock at no cash exercise price, increasing Isbell’s direct holdings to 10,317 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
878 shares exercised/converted
Mixed
2 txns
Insider
Isbell Jeri L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 878 | $0.00 | -- |
| Exercise | Common Stock | 878 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 10,317 shares (Direct, null)
Footnotes (1)
- Filed to report settlement of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis. On May 11, 2023, the Reporting Person was granted 878 RSUs, vesting upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders and (ii) the first anniversary of May 11, 2024, in each case subject to the Reporting Person's continued service as a non-employee director, and settling on May 1, 2026.
Key Figures
RSUs settled: 878 units
Shares received: 878 shares
Post-transaction holdings: 10,317 shares
+1 more
4 metrics
RSUs settled
878 units
Restricted Stock Units converted to common stock on May 1, 2026
Shares received
878 shares
Common stock issued on RSU conversion, one-for-one basis
Post-transaction holdings
10,317 shares
SiteOne common stock held directly by Jeri L. Isbell after transaction
Exercise price
$0.00 per share
RSUs converted to common stock at no cash exercise price
Key Terms
Restricted Stock Units, RSUs, non-employee director, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Filed to report settlement of Restricted Stock Units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"RSUs convert into common stock on a one-for-one basis."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
non-employee director financial
"subject to the Reporting Person's continued service as a non-employee director"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What insider transaction did SITE director Jeri L. Isbell report?
Jeri L. Isbell reported the settlement of previously granted Restricted Stock Units into common stock. On May 1, 2026, 878 RSUs converted on a one-for-one basis into 878 SITE common shares, increasing her direct ownership position in the company.
What are the post-transaction holdings of Jeri L. Isbell in SITE common stock?
After the RSU settlement, Jeri L. Isbell directly holds 10,317 shares of SiteOne common stock. This total reflects the addition of 878 shares received from the conversion of Restricted Stock Units reported in the Form 4 insider transaction filing.
What were the terms of the 878 RSUs granted to Jeri L. Isbell at SiteOne (SITE)?
The 878 RSUs were granted on May 11, 2023, vesting upon the earlier of the day before the next annual stockholders’ meeting or the first anniversary of May 11, 2024, subject to continued service, and scheduled to settle into common stock on May 1, 2026.