SiteOne (SITE) EVP Scott Salmon logs RSU vesting and 175-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SiteOne Landscape Supply EVP Scott Salmon reported equity compensation activity involving company stock. On February 7, 2026, 536 Restricted Stock Units vested and converted into an equal number of common shares. On the same date, 175 common shares were disposed of at $150.01 per share. Following these transactions, Salmon directly beneficially owned 13,262 shares of common stock and 1,070 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
536 shares exercised/converted
Mixed
3 txns
Insider
Salmon Scott
Role
EVP, Strategy & Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 536 | $0.00 | -- |
| Exercise | Common Stock | 536 | $0.00 | -- |
| Tax Withholding | Common Stock | 175 | $150.01 | $26K |
Holdings After Transaction:
Restricted Stock Units — 1,070 shares (Direct);
Common Stock — 13,437 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 2,141 RSUs, vesting in four equal annual installments beginning on February 7, 2025, subject to the Reporting Person's continued employment.
FAQ
What insider transaction did SITE EVP Scott Salmon report on February 7, 2026?
Scott Salmon reported vesting of 536 Restricted Stock Units that converted into common stock. He also reported the disposition of 175 common shares at $150.01 per share, leaving him with 13,262 common shares and 1,070 RSUs directly beneficially owned.
What do the Restricted Stock Unit transactions mean in the SITE Form 4?
The Form 4 shows 536 Restricted Stock Units vested and converted into 536 common shares at a $0.00 exercise price. These RSUs are part of a 2,141-unit grant from February 7, 2024, vesting in four equal annual installments, subject to continued employment.
What is transaction code M in Scott Salmon’s SITE Form 4 filing?
Transaction code M reflects the exercise or conversion of derivative securities, here the vesting of 536 Restricted Stock Units into common stock at a $0.00 price. This increases the insider’s common share holdings while reducing outstanding RSUs associated with that vested portion.