SiteOne (SITE) CEO Doug Black reports RSU vesting and tax share withholding
Rhea-AI Filing Summary
SiteOne Landscape Supply CEO Doug Black reported routine equity compensation activity. On February 5, 2026, 3,865 Restricted Stock Units vested and converted into the same number of common shares. To cover taxes, 1,049 shares were withheld at a price of $148.03 per share.
After these transactions, Black directly owned 487,996 common shares and 11,595 RSUs. He also indirectly held 3,591 shares through a family trust and 93,675 shares through a SLAT, reflecting additional long-term ownership linked to estate and family planning structures.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding with continued large share ownership.
The filing shows Doug Black, CEO and director of SiteOne Landscape Supply, reporting normal equity compensation events. 3,865 RSUs vested into common stock, consistent with a four-year vesting schedule granted on February 5, 2025.
To satisfy tax obligations, 1,049 shares were withheld at $148.03 per share, a common payroll-tax treatment rather than an open-market sale. Following this, Black still held 487,996 shares directly and 11,595 RSUs, plus indirect holdings via a family trust and a SLAT.
For investors, this indicates ongoing alignment between the CEO and shareholders through substantial equity ownership. The activity appears administrative and compensation-related, without signals of a discretionary reduction in economic exposure based on the information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,865 | $0.00 | -- |
| Exercise | Common Stock | 3,865 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,049 | $148.03 | $155K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Filed to report vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis. Reflects indirect ownership by a family trust for which the Reporting Person's spouse serves as trustee. On February 5, 2025, the Reporting Person was granted 15,460 RSUs, vesting in four equal annual installments beginning on February 5, 2026, subject to the Reporting Person's continued employment.