SiteOne (NYSE: SITE) CFO reports RSU vesting and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply EVP and CFO Eric J. Elema reported RSU vesting and related share movements. On February 9, 2026, 90 Restricted Stock Units converted into 90 shares of common stock. To cover tax obligations, 25 common shares were disposed of at $145.65 per share. Following these transactions, Elema directly owned 874 shares of common stock and 91 RSUs. The RSUs relate to a 363-unit grant awarded on February 9, 2023, vesting in four equal annual installments beginning February 9, 2024, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
90 shares exercised/converted
Mixed
3 txns
Insider
Elema Eric J
Role
EVP, CFO and Assistant Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 90 | $0.00 | -- |
| Exercise | Common Stock | 90 | $0.00 | -- |
| Tax Withholding | Common Stock | 25 | $145.65 | $4K |
Holdings After Transaction:
Restricted Stock Units — 91 shares (Direct);
Common Stock — 899 shares (Direct)
Footnotes (1)
- Filed to report vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis. On February 9, 2023, the Reporting Person was granted 363 RSUs, vesting in four equal annual installments beginning on February 9, 2024, subject to the Reporting Person's continued employment.
FAQ
What insider activity did Eric J. Elema report for SiteOne (SITE)?
Eric J. Elema, EVP and CFO of SiteOne, reported the vesting of 90 Restricted Stock Units that converted into 90 common shares. He also reported the disposition of 25 common shares to satisfy tax obligations, leaving him with 874 common shares directly owned after the transactions.
What are Eric J. Elema’s SiteOne (SITE) holdings after the reported Form 4 transactions?
After the reported transactions, Eric J. Elema directly owned 874 shares of SiteOne common stock. He also beneficially owned 91 Restricted Stock Units, which represent rights to receive an equivalent number of common shares upon future vesting and settlement, subject to continued employment.
What was the original RSU grant referenced in Eric J. Elema’s SiteOne (SITE) Form 4?
The filing notes that on February 9, 2023, Eric J. Elema was granted 363 Restricted Stock Units. These RSUs vest in four equal annual installments beginning February 9, 2024, and each vested unit converts into one share of SiteOne common stock upon settlement.