Jackson Travis Ryan 4

What Happened

• Travis Ryan, General Counsel & Secretary of SiteOne (SITE), had 368 restricted stock units (RSUs vest) convert into 368 shares on February 5, 2026. To cover tax withholding, 127 of those shares were surrendered at $148.03 per share for approximately $18,800. The net result is 241 new shares issued to him (368 vested minus 127 withheld).
• These entries are reported as derivative conversions/exercises (transaction code M) and a tax withholding share transfer (code F).

Key Details

• Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (filed within the SEC’s 2-business-day window).
• Vested/conversion: 368 RSUs → 368 common shares (code M).
• Tax withholding: 127 shares withheld at $148.03/share for $18,800 (code F).
• Net shares added to Ryan’s holdings from this vesting: 241 shares.
• Footnotes: The filing notes these were RSUs that convert one-for-one to common stock (F1). The RSUs were part of a 1,472-RSU grant on Feb 5, 2025 vesting in four equal annual installments beginning Feb 5, 2026 (F2).
• Shares owned after the transaction: not specified in the filing.

Context

• This was a routine compensation vesting event (RSUs converting to stock), not an open-market purchase or sale signaling a market bet. Withholding shares to cover taxes is a common payment method and reduces the number of net shares received. Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price/tax withholding.