SiteOne (NYSE: SITE) exec exercises 515 RSUs, uses 223 shares for taxes
Rhea-AI Filing Summary
SiteOne Landscape Supply EVP, Human Resources Joseph Ketter reported the vesting and exercise of 515 Restricted Stock Units into an equal number of common shares on February 7, 2026, with 223 shares withheld at $150.0100 per share to satisfy tax obligations. After these transactions, he directly holds 14,321 common shares. A prior grant awarded 2,062 RSUs vesting in four equal annual installments beginning February 7, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 292 shares
Net Buy
3 txns
Insider
Ketter Joseph
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 515 | $0.00 | $0.00 |
| Exercise | Common Stock | 515 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 223 | $150.01 | $33K |
Holdings After Transaction:
Restricted Stock Units — 1,031 shares (Direct);
Common Stock — 14,321 shares (Direct)
Footnotes (2)
- F1. Filed to report vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis.
- F2. 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.
Key Figures
RSUs exercised: 515
Shares withheld for taxes: 223
Tax withholding price: $150.0100 per share
+2 more
5 metrics
RSUs exercised
515
Restricted Stock Units vested and converted to common stock on February 7, 2026
Shares withheld for taxes
223
Common shares delivered to cover tax obligations related to RSU vesting
Tax withholding price
$150.0100 per share
Price used for the tax-withholding disposition of 223 shares
Post-transaction holdings
14,321 shares
Direct common stock position after February 7, 2026 transactions
RSU grant size
2,062 RSUs
RSUs granted on February 7, 2024, vesting in four equal annual installments
Key Terms
Restricted Stock Units, vesting, tax-withholding disposition, Exercise or conversion of derivative security
4 terms
Restricted Stock Units financial
"Filed to report vesting of Restricted Stock Units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"Filed to report vesting of Restricted Stock Units ("RSUs")."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What transactions did SITE executive Joseph Ketter report in this Form 4?
Joseph Ketter reported the vesting and exercise of 515 Restricted Stock Units into common stock, plus a related tax-withholding transaction where 223 shares were delivered at $150.0100 per share to cover taxes arising from the vesting event.
What RSU grant underlies the reported SITE transactions for Joseph Ketter?
The activity relates to a prior grant of 2,062 Restricted Stock Units awarded on February 7, 2024, which vest in four equal annual installments starting February 7, 2025, subject to Ketter’s continued employment with SiteOne Landscape Supply, Inc.
What was the tax-withholding price in Joseph Ketter’s SITE Form 4?
For the tax-withholding disposition, 223 SiteOne common shares were delivered at $150.0100 per share. This transaction is classified as a payment of tax liability by delivering securities rather than a traditional open-market sale or purchase.
How many RSUs vested or were exercised in Joseph Ketter’s SITE filing?
The filing shows 515 Restricted Stock Units converting into an equal number of SiteOne common shares on February 7, 2026. The RSUs convert on a one-for-one basis, consistent with the described structure of Ketter’s equity compensation award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
