SiteOne Landscape Supply (NYSE: SITE) EVP logs RSU vesting and share withholding
Rhea-AI Filing Summary
SiteOne Landscape Supply, Inc. executive Scott Salmon reported vesting of 278 Restricted Stock Units on February 10, 2026, converting into 278 shares of common stock. To satisfy tax withholding, 86 common shares were delivered at a price of 148.7800 per share.
Following these transactions, Salmon holds 13,705 SiteOne common shares directly. Footnotes explain these RSUs were part of a 1,114-unit grant dated February 10, 2022 that vests in four equal annual installments, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 192 shares
Net Buy
3 txns
Insider
Salmon Scott
Role
EVP, Strategy & Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 278 | $0.00 | $0.00 |
| Exercise | Common Stock | 278 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 86 | $148.78 | $13K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 13,705 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 10, 2022, the Reporting Person was granted 1,114 RSUs, vesting in four equal annual installments beginning on February 10, 2023, subject to the Reporting Person's continued employment.
Key Figures
RSUs vested: 278.0000 Restricted Stock Units
Shares withheld for taxes: 86.0000 shares
Tax-withholding price: 148.7800 per share
+2 more
5 metrics
RSUs vested
278.0000 Restricted Stock Units
Restricted Stock Units converting into common stock on February 10, 2026
Shares withheld for taxes
86.0000 shares
Common stock delivered to satisfy tax withholding at 148.7800 per share
Tax-withholding price
148.7800 per share
Per-share value on the 86-share tax-withholding disposition
Post-transaction holdings
13,705 shares
Direct SiteOne common stock position after the February 10, 2026 transactions
Original RSU grant
1,114 RSUs
Grant dated February 10, 2022, 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
"transaction_action is described 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
"Transaction code M is an exercise or conversion of derivative security."
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 did SITE executive Scott Salmon report in this Form 4 filing?
Scott Salmon reported vesting of 278 Restricted Stock Units into common stock on February 10, 2026, with 86 common shares delivered at 148.7800 per share for tax withholding. After these transactions he directly holds 13,705 SiteOne common shares.
How many RSUs vested for SITE EVP Scott Salmon and when did they convert?
On February 10, 2026, 278 RSUs vested and converted on a one-for-one basis into 278 shares of SiteOne common stock. Footnotes state these RSUs come from a 1,114-unit grant dated February 10, 2022 that vests in four equal annual installments.
What is Scott Salmon’s direct SITE common stock holding after the transactions?
After the reported RSU vesting and related tax-withholding disposition, Scott Salmon directly holds 13,705 SiteOne common shares. This post-transaction balance is explicitly stated as his direct ownership position in common stock following the February 10, 2026 events.
What RSU grant to SITE EVP Scott Salmon is described in the footnotes?
Footnotes describe a grant of 1,114 RSUs awarded on February 10, 2022. These units vest in four equal annual installments beginning February 10, 2023, and remain subject to Salmon’s continued employment with SiteOne Landscape Supply, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.