SiteOne (NYSE: SITE) CFO logs RSU vesting and small tax share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply EVP and CFO Eric J. Elema reported routine equity compensation activity. On February 5, 2026, 167 restricted stock units vested and converted into common stock, and 46 shares were sold at $148.03 to cover tax obligations. Following these transactions, he directly held 735 shares of common stock and 502 remaining restricted stock units. The vested RSUs are part of a 669-unit award granted on February 5, 2025, scheduled to vest in four equal annual installments beginning February 5, 2026, contingent on continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
167 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 | 167 | $0.00 | -- |
| Exercise | Common Stock | 167 | $0.00 | -- |
| Tax Withholding | Common Stock | 46 | $148.03 | $7K |
Holdings After Transaction:
Restricted Stock Units — 502 shares (Direct);
Common Stock — 781 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 5, 2025, the Reporting Person was granted 669 RSUs, vesting in four equal annual installments beginning on February 5, 2026, subject to the Reporting Person's continued employment.
FAQ
What insider transaction did SITE executive Eric J. Elema report?
Eric J. Elema reported vesting of 167 restricted stock units that converted into SiteOne common stock. He also had 46 shares sold at $148.03 to satisfy tax withholding, reflecting routine equity compensation activity rather than an open-market discretionary sale.
What is the origin of the RSUs reported by SITE executive Eric J. Elema?
The restricted stock units come from a 669-unit grant awarded on February 5, 2025. These RSUs vest in four equal annual installments starting February 5, 2026, and vesting remains subject to Eric J. Elema’s continued employment with SiteOne Landscape Supply, Inc.
How do Eric J. Elema’s RSUs in SITE convert into common stock?
The Form 4 states that his restricted stock units convert into SiteOne common stock on a one-for-one basis. As each installment vests under the award schedule, one RSU becomes one share of common stock, subject to applicable tax withholding and continued employment conditions.
What is Eric J. Elema’s role at SiteOne (SITE) mentioned in the filing?
Eric J. Elema is identified as Executive Vice President, Chief Financial Officer, and Assistant Secretary of SiteOne Landscape Supply, Inc. His Form 4 reflects equity compensation activity associated with this senior leadership role and his ongoing employment with the company.