SiteOne (NYSE: SITE) director Roy Dunbar granted 1,186 deferred stock units as fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dunbar Webster Roy reported acquisition or exercise transactions in this Form 4 filing.
SiteOne Landscape Supply director Roy Dunbar reported an award of 1,186 shares of Common Stock in the form of deferred stock units as director fees at a price of $0.00 per unit. Following this grant, he holds 11,671 shares, including deferred stock units.
The deferred stock units vest in full upon the earlier of the day preceding SiteOne’s next annual meeting of stockholders or the first anniversary of May 13, 2026. Settlement of these units is deferred until the earlier of his termination from the board or a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dunbar Webster Roy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,186 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,671 shares (Direct, null)
Footnotes (1)
- Represents deferred stock units granted as director fees. The deferred stock units vest in full upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders and (ii) the first anniversary of May 13, 2026. Settlement is deferred until the earlier of the Reporting Person's termination of board service and a change in control of the Company. Includes deferred stock units.
Key Figures
Deferred stock units granted: 1,186 units
Grant price per unit: $0.00 per unit
Total holdings after grant: 11,671 shares
+2 more
5 metrics
Deferred stock units granted
1,186 units
Director fee grant on May 13, 2026
Grant price per unit
$0.00 per unit
Director compensation award
Total holdings after grant
11,671 shares
Common stock holdings including deferred stock units
Vesting date trigger
Earlier of next annual meeting eve or 1-year from May 13, 2026
Vesting condition for deferred stock units
Settlement trigger
Earlier of board service termination or change in control
Timing of settlement of deferred stock units
Key Terms
deferred stock units, annual meeting of stockholders, change in control
3 terms
deferred stock units financial
"Represents deferred stock units granted as director fees."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
annual meeting of stockholders financial
"upon the earlier of (i) the day preceding the Company's next annual meeting of stockholders"
change in control financial
"Settlement is deferred until the earlier of the Reporting Person's termination of board service and a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did SiteOne (SITE) director Roy Dunbar report in this Form 4?
Roy Dunbar reported an award of 1,186 deferred stock units as director fees. These units are tied to SiteOne common stock and increase his holdings to 11,671 shares, including previously granted deferred stock units.
When do Roy Dunbar’s new SiteOne (SITE) deferred stock units vest?
The 1,186 deferred stock units vest in full at the earlier of the day before SiteOne’s next annual stockholders’ meeting or the first anniversary of May 13, 2026, providing a time-based vesting schedule for this award.
When will the deferred stock units for SiteOne (SITE) be settled for Roy Dunbar?
Settlement of the deferred stock units occurs later, not at grant. They will be settled upon the earlier of Roy Dunbar’s termination of board service or a change in control of SiteOne Landscape Supply, Inc., according to the filing footnote.