SiteOne (SITE) CFO Eric Elema details RSU vesting and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply EVP, CFO and Assistant Secretary Eric J. Elema reported the vesting and settlement of restricted stock units into common shares. On February 10, 2026, 72 RSUs converted into 72 shares of common stock, increasing his directly held stake to 946 shares.
On the same date, 25 shares of common stock were disposed of at $148.78 per share to cover tax withholding obligations, leaving Elema with 921 shares of directly owned common stock after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
72 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 | 72 | $0.00 | -- |
| Exercise | Common Stock | 72 | $0.00 | -- |
| Tax Withholding | Common Stock | 25 | $148.78 | $4K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 946 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 10, 2022, the Reporting Person was granted 289 RSUs, vesting in four equal annual installments beginning on February 10, 2023, subject to the Reporting Person's continued employment.
FAQ
What insider transaction did SITE executive Eric Elema report on February 10, 2026?
Eric J. Elema reported vesting of 72 restricted stock units converting into 72 common shares. This routine equity award settlement increased his holdings before tax withholding, reflecting ongoing compensation rather than an open-market purchase or sale.
How were Eric Elema’s SiteOne (SITE) restricted stock units structured?
Elema’s RSUs stem from a grant of 289 units awarded on February 10, 2022. These units vest in four equal annual installments beginning February 10, 2023, contingent on his continued employment with SiteOne Landscape Supply.
What do the transaction codes M and F mean in the SITE Form 4 for Eric Elema?
Code M indicates an exercise or conversion of a derivative security, here RSUs converting into common stock. Code F reflects payment of tax liabilities by delivering shares, explaining the 25-share disposition at $148.78 per share.