SiteOne (NYSE: SITE) EVP Versaggi converts 334 RSUs, withholds 119 shares for taxes
Rhea-AI Filing Summary
SiteOne Landscape Supply, Inc. executive Shannon Versaggi reported the vesting and conversion of 334 Restricted Stock Units into an equal number of common shares on February 9, 2026. These RSUs are part of a 1,339-unit grant awarded on February 9, 2023, vesting in four equal annual installments.
To cover tax obligations, 119 of the newly issued shares were disposed of in a tax-withholding transaction at $145.65 per share. Following these transactions, Versaggi directly holds 6,994 shares of SiteOne common stock.
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Insider Trade Summary
Net Buyer: 215 shares
Net Buy
3 txns
Insider
Versaggi Shannon
Role
EVP Mktg, Cat. Mgmt. & Pricing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 334 | $0.00 | $0.00 |
| Exercise | Common Stock | 334 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 119 | $145.65 | $17K |
Holdings After Transaction:
Restricted Stock Units — 335 shares (Direct);
Common Stock — 6,994 shares (Direct)
Footnotes (2)
- F1. Filed to report vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis.
- F2. On February 9, 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.
Key Figures
RSUs converted: 334 shares
Tax-withheld shares: 119 shares
Tax-withholding price: $145.6500 per share
+2 more
5 metrics
RSUs converted
334 shares
Restricted Stock Units converted to common stock on February 9, 2026
Tax-withheld shares
119 shares
Shares disposed to cover tax obligations at $145.6500 per share
Tax-withholding price
$145.6500 per share
Per-share value used for the tax-withholding disposition
Post-transaction holdings
6,994 shares
Direct common stock holdings after the reported transactions
Original RSU grant
1,339 units
RSUs granted on February 9, 2023, vesting in four equal annual installments
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security
3 terms
Restricted Stock Units financial
"Filed to report vesting 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.
tax-withholding disposition financial
"Common stock transaction classified as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security reported with code M"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider equity change did SiteOne (SITE) disclose for Shannon Versaggi?
Shannon Versaggi reported the vesting and conversion of 334 RSUs into common stock, plus a related tax-withholding transaction. The RSUs converted one-for-one into shares, reflecting part of her ongoing equity compensation at SiteOne Landscape Supply.
How many RSUs were originally granted to Shannon Versaggi at SiteOne (SITE)?
Shannon Versaggi received an original grant of 1,339 Restricted Stock Units on February 9, 2023. The award is scheduled to vest in four equal annual installments beginning February 9, 2024, subject to her continued employment with SiteOne Landscape Supply.
How do Shannon Versaggi’s RSUs at SiteOne (SITE) vest over time?
The 1,339 RSUs granted to Shannon Versaggi on February 9, 2023, vest in four equal annual installments. Vesting begins on February 9, 2024, and each installment is subject to her continued employment, linking ongoing service to equity delivery.
AI-generated analysis. How Rhea-AI works. Not financial advice.
