SiteOne (NYSE: SITE) EVP Ketter reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply executive Joseph Ketter reported routine equity compensation activity. On February 7, 2026, 515 restricted stock units vested and converted into 515 shares of common stock, increasing his directly held common stock to 14,544 shares before tax withholding.
To cover taxes on the vesting, 223 common shares were withheld at a price of $150.01 per share, leaving Ketter with 14,321 common shares held directly after the transactions. He also continues to hold 1,031 restricted stock units, which may convert into additional common shares as they vest under the original February 7, 2024 grant schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
515 shares exercised/converted
Mixed
3 txns
Insider
Ketter Joseph
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 515 | $0.00 | -- |
| Exercise | Common Stock | 515 | $0.00 | -- |
| Tax Withholding | Common Stock | 223 | $150.01 | $33K |
Holdings After Transaction:
Restricted Stock Units — 1,031 shares (Direct);
Common Stock — 14,544 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 2,062 RSUs, vesting in four equal annual installments beginning on February 7, 2025, subject to the Reporting Person's continued employment.
FAQ
What insider transactions did SITE executive Joseph Ketter report on February 7, 2026?
Joseph Ketter reported the vesting of 515 restricted stock units, which converted into 515 shares of SiteOne Landscape Supply common stock. After these transactions and related tax withholding, he directly held 14,321 common shares and 1,031 remaining restricted stock units.
What is the background of the restricted stock units in Joseph Ketter’s SITE Form 4?
The footnotes explain that on February 7, 2024, Ketter was granted 2,062 restricted stock units. These RSUs vest in four equal annual installments beginning February 7, 2025, subject to his continued employment, and each RSU converts into one share of SiteOne common stock.
What do the transaction codes M and F mean in the SITE Form 4 for Joseph Ketter?
Code "M" reflects the exercise or conversion of 515 restricted stock units into common shares at $0.00 exercise price. Code "F" reflects the disposition of 223 common shares at $150.01 per share, representing shares withheld to pay taxes due on the RSU vesting event.