SiteOne (NYSE: SITE) CFO Eric Elema reports RSU vesting and minor stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply executive Eric J. Elema, EVP, CFO and Assistant Secretary, reported routine equity compensation activity. On February 7, 2026, 103 Restricted Stock Units vested and converted into 103 shares of common stock, reflecting part of a 412‑RSU grant awarded on February 7, 2024 that vests in four equal annual installments beginning February 7, 2025, subject to continued employment.
Following the vesting, Elema disposed of 29 common shares at $150.01 per share and now directly holds 809 shares of common stock and 206 RSUs. The transactions show standard executive compensation vesting and a small related share disposition, rather than a large discretionary stock sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
103 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 | 103 | $0.00 | -- |
| Exercise | Common Stock | 103 | $0.00 | -- |
| Tax Withholding | Common Stock | 29 | $150.01 | $4K |
Holdings After Transaction:
Restricted Stock Units — 206 shares (Direct);
Common Stock — 838 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 7, 2024, the Reporting Person was granted 412 RSUs, vesting in four equal annual installments beginning on February 7, 2025, subject to the Reporting Person's continued employment.
FAQ
What insider transaction did SITE executive Eric Elema report on this Form 4?
Eric J. Elema reported vesting of 103 RSUs that converted into common stock on February 7, 2026. These units are part of a prior 412 RSU grant vesting annually over four years, subject to continued employment.
What prices and codes were used in Eric Elema’s SITE stock transactions?
The Form 4 shows a code M transaction where 103 RSUs converted into common stock at $0.00 per share, and a code F transaction disposing of 29 common shares at $150.01 per share on February 7, 2026.
What are the terms of Eric Elema’s 412 RSU grant from SiteOne (SITE)?
Eric J. Elema received 412 RSUs on February 7, 2024, vesting in four equal annual installments starting February 7, 2025. Vesting is conditioned on his continued employment, and vested RSUs convert into common stock one-for-one.
Is Eric Elema considered a 10% owner of SiteOne (SITE) in this filing?
No. The Form 4 indicates Eric J. Elema is an officer of SiteOne Landscape Supply, Inc. (EVP, CFO and Assistant Secretary) but not a 10% owner. His role triggers reporting under Section 16 as a company officer.
What does transaction code F mean in Eric Elema’s SITE Form 4?
In this Form 4, code F identifies a disposition of 29 common shares of SiteOne at $150.01 per share. The code designates the nature of the transaction as reported to satisfy Section 16 reporting requirements for insiders.