BLACK DOUG 4

What Happened Doug Black, CEO and Director of SiteOne Landscape Supply (SITE), had 3,094 restricted stock units (RSUs) convert into common shares on February 7, 2026. To satisfy tax withholding, 967 of those shares were surrendered at $150.01 per share (totaling about $145,060), leaving a net issuance of 2,127 shares to Mr. Black. This transaction reflects an award vesting event rather than an open‑market buy or sale.

Key Details

• Transaction date: February 7, 2026; Form 4 filed February 10, 2026 (filed within the required two business days).
• Vesting/conversion: 3,094 RSUs converted into 3,094 common shares (reporting code M — conversion of derivative).
• Tax withholding: 967 shares withheld/disposed at $150.01/share to cover tax liability (reporting code F); proceeds ≈ $145,060.
• Net new shares received by the insider: 3,094 − 967 = 2,127 shares.
• Shares owned after transaction: not specified in the provided data.
• Footnotes: F1 confirms RSUs convert one-for-one into common stock; F2 notes indirect ownership via a family trust (spouse as trustee); F3 notes the RSUs were part of a 12,375‑RSU grant on Feb 7, 2024 vesting in four equal annual installments (this is the ~3,094‑share installment).

Context

• These entries reflect vested equity awards (RSUs) and common tax‑withholding via share surrender (a routine, cashless withholding), not a market sale or purchase. The transaction is generally viewed as an administrative event rather than a directional insider trade.