SiteOne (NYSE: SITE) director granted 1,186 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WYSZOMIERSKI JACK L reported acquisition or exercise transactions in this Form 4 filing.
SiteOne Landscape Supply, Inc. director Jack L. Wyszomierski received a grant of 1,186 deferred stock units as director fees in the form of Common Stock. The units were granted at no cash cost per share and increase his direct holdings to 19,120 shares.
The deferred stock units vest in full upon the earlier of the day preceding SiteOne’s next annual meeting of stockholders or the first anniversary of May 13, 2026. Settlement of these units into shares is deferred until the earlier of his termination of board service or a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WYSZOMIERSKI JACK L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,186 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,120 shares (Direct, null)
Footnotes (1)
- Represents deferred stock units granted as director fees. The deferred stock units vest in full upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders and (ii) the first anniversary of May 13, 2026. Settlement is deferred until the earlier of the Reporting Person's termination of board service and a change in control of the Company. Includes deferred stock units.
Key Figures
Deferred stock units granted: 1,186 units
Grant price per unit: $0.0000 per share
Total shares after transaction: 19,120 shares
+1 more
4 metrics
Deferred stock units granted
1,186 units
Director fees grant on May 13, 2026
Grant price per unit
$0.0000 per share
Reported transaction price for deferred stock units
Total shares after transaction
19,120 shares
Director’s direct holdings following grant
Vesting condition date reference
May 13, 2026
First anniversary reference for vesting trigger
Key Terms
deferred stock units, annual meeting of stockholders, change in control
3 terms
deferred stock units financial
"Represents deferred stock units granted as director fees. The deferred stock units vest in full upon the earlier of..."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
annual meeting of stockholders financial
"vest in full upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders..."
change in control financial
"Settlement is deferred until the earlier of the Reporting Person's termination of board service and a change in control of the Company."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.