BLACK DOUG 4
Research Summary
AI-generated summary
SiteOne (SITE) CEO Doug Black Receives RSU Award
What Happened
Doug Black, CEO and Director of SiteOne Landscape Supply, received a grant of 15,880 restricted stock units (RSUs) on 2026-02-04. The grant is reported as a derivative award at $0.00 per unit (no cash exchanged). Per the filing, the RSUs convert one-for-one into common shares.
Key Details
- Transaction date and type: 2026-02-04 — Grant/Award (code A), derivative RSUs, reported at $0.00.
- Quantity: 15,880 RSUs. Total cash value at grant not applicable (awarded units).
- Vesting: RSUs vest and settle into common stock in four equal annual installments beginning February 4, 2027, subject to continued employment (footnote F2).
- Conversion: RSUs convert into common stock on a one-for-one basis (footnote F1).
- Filing: Report filed 2026-02-06 (Form 4 accession 0001104659-26-011655); filing appears within the standard two-business-day window.
- Remarks/Exhibits: Exhibit 24 — Power of Attorney.
- Shares owned after transaction: Not specified in the provided filing.
Context
This was a compensation award (RSUs), not an open-market buy or sale. RSU grants are typical executive compensation and become actual shares only as they vest; they do not represent an immediate cash purchase or sale.
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