SiteOne (NYSE: SITE) CEO logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply CEO and director Doug Black reported the vesting of 1,579 restricted stock units (RSUs) on February 10, 2026, which converted into an equal number of common shares. To cover tax obligations, 702 common shares were withheld at $148.78 per share, leaving 492,161 common shares held directly after these transactions. He also reports indirect ownership of 3,591 shares through a family trust for which his spouse is trustee, and 93,675 shares through a SLAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,579 shares exercised/converted
Mixed
5 txns
Insider
BLACK DOUG
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,579 | $0.00 | -- |
| Exercise | Common Stock | 1,579 | $0.00 | -- |
| Tax Withholding | Common Stock | 702 | $148.78 | $104K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 492,863 shares (Direct);
Common Stock — 3,591 shares (Indirect, By Family Trust)
Footnotes (1)
- Filed to report vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis. Reflects indirect ownership by a family trust for which the Reporting Person's spouse serves as trustee. On February 10, 2022, the Reporting Person was granted 6,317 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 CEO Doug Black report on February 10, 2026?
Doug Black reported vesting of 1,579 restricted stock units that converted into 1,579 SiteOne common shares. As part of the same event, 702 shares were withheld at $148.78 per share to satisfy tax obligations, with the remaining shares added to his direct holdings.
What are the restricted stock units (RSUs) vesting in Doug Black’s SITE Form 4?
The RSUs represent a 2022 equity grant of 6,317 units vesting in four equal annual installments. On February 10, 2026, 1,579 of these RSUs vested and automatically converted into 1,579 SiteOne common shares on a one-for-one basis, contingent on his continued employment.
How were taxes handled for Doug Black’s vested SiteOne (SITE) RSUs?
Taxes were satisfied by withholding 702 shares of SiteOne common stock at $148.78 per share. This disposition is coded “F” in the filing, indicating payment of tax liability through delivery of shares rather than an open-market sale transaction.
What does transaction code M indicate in Doug Black’s SITE Form 4?
In this filing, transaction code M indicates an exercise or conversion of a derivative security. Specifically, 1,579 restricted stock units converted into 1,579 SiteOne common shares at an exercise price of $0.00, reflecting the vesting of previously granted equity awards.