Elema Eric J 4

What Happened

• Eric J. Elema, EVP, CFO and Assistant Secretary of SiteOne (SITE), had 103 restricted stock units (RSUs) vest on February 7, 2026. The RSUs converted one-for-one into 103 common shares.
• To cover tax withholding, 29 of those shares were surrendered at $150.01 per share (approximately $4,350). The net result was 74 shares delivered to Elema.
• This was a routine RSU vesting event (not an open-market purchase or voluntary sale).

Key Details

• Transaction date: February 7, 2026. Form 4 filed: February 10, 2026.
• Vesting: 103 RSUs converted to 103 common shares (transaction code M for conversion).
• Tax withholding: 29 shares withheld (transaction code F) at $150.01/share; reported cash value ≈ $4,350.
• Net shares received: 74 (103 vested − 29 withheld).
• Footnotes: F1 notes these filings report RSU vesting; RSUs convert 1:1 to common stock. F2 notes the 412-RSU grant on Feb 7, 2024 vests in four equal annual installments (103 shares per year).
• Shares owned after the transaction: not specified in the filing.

Context

• This is a standard equity compensation vesting event; withholding shares to cover taxes is common and does not indicate a voluntary sell or buy by the insider.
• Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = payment of exercise price or tax liability (here, share withholding for taxes).