SiteOne Landscape Supply (NYSE: SITE) CEO adds 8,000 shares via trust
Rhea-AI Filing Summary
SiteOne Landscape Supply, Inc. CEO Doug Black reported open-market purchases of a total of 8,000 shares of common stock on August 4, 2026, through a family trust for which he serves as trustee, at prices of $101.94 and $102.13 per share. Following these transactions, he is reported to hold 482,161 shares directly and 93,675 shares indirectly through a SLAT, with additional indirect holdings in family trusts. The Rule 10b5-1 trading-plan checkbox was not marked, indicating these purchases were not reported as made pursuant to a pre-arranged trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 8,000 shares
Net Buy
5 txns
Insider
BLACK DOUG
Role
CEO
Bought
8,000 shs ($816K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 4,000 | $101.94 | $408K |
| Purchase | Common Stock F1 | 4,000 | $102.13 | $409K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,591 shares (Indirect, By Family Trust);
Common Stock — 482,161 shares (Direct);
Common Stock — 93,675 shares (Indirect, By SLAT)
Footnotes (2)
- F1. Reflects indirect ownership by a family trust for which the Reporting Person serves as trustee.
- F2. Reflects indirect ownership by a family trust for which the Reporting Person's spouse serves as trustee.
Key Figures
Shares purchased: 8,000 shares
Purchase price 1: $101.94 per share
Purchase price 2: $102.13 per share
+2 more
5 metrics
Shares purchased
8,000 shares
Total SITE common shares bought indirectly by family trust on August 4, 2026
Purchase price 1
$101.94 per share
First 4,000-share purchase by family trust on August 4, 2026
Purchase price 2
$102.13 per share
Second 4,000-share purchase by family trust on August 4, 2026
Direct holdings
482,161 shares
Common stock held directly by Doug Black after reported transactions
Indirect SLAT holdings
93,675 shares
Common stock held indirectly by Doug Black through a SLAT after transactions
Key Terms
indirect ownership, Family Trust, SLAT, Rule 10b5-1
4 terms
indirect ownership financial
"Shares are reported as held through trusts, reflecting indirect ownership rather than direct holding."
Family Trust financial
"Nature of ownership is described as "By Family Trust" for the purchased shares."
SLAT financial
"Nature of ownership is listed as "By SLAT" for certain indirect holdings."
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not marked, indicating no trading plan was reported."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider buying did SITE CEO Doug Black report on August 4, 2026?
Doug Black reported his family trust purchased 8,000 SITE shares on August 4, 2026, in two open-market trades at $101.94 and $102.13 per share. These purchases were reported as indirect ownership through a family trust where he serves as trustee.
Were the August 2026 SITE insider purchases under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox was left unchecked, so the 8,000-share purchase by Doug Black’s family trust was not reported as made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged arrangement.
What indirect SITE holdings does Doug Black report besides the new purchases?
In addition to the new 8,000-share purchase, Doug Black reports 93,675 SITE shares held indirectly through a SLAT and further indirect holdings in a family trust for which his spouse serves as trustee, reflecting multiple trust-based ownership structures.