Salmon Scott 4

What Happened

• Scott Salmon, EVP, Strategy & Development at SiteOne (SITE), had 363 restricted stock units (RSUs) convert into 363 common shares on Feb 9, 2026. The company withheld 112 of those shares to satisfy tax withholding at $145.65 per share, totaling $16,313. Net new shares issued to Salmon were 251.
• This was not an open-market purchase or discretionary sale but a routine vesting of equity compensation (award vesting).

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (timely).
• RSUs converted: 363 shares; tax withholding: 112 shares at $145.65 each = $16,313; net shares received: 251.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = tax withholding (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing extract.
• Footnotes: F1 notes RSUs convert one-for-one into common stock. F2 notes the RSUs were from a Feb 9, 2023 grant of 1,450 RSUs vesting in four equal annual installments beginning Feb 9, 2024.

Context

• This is a routine vesting event (award conversion). The withholding of shares to cover tax liabilities is common and not the same as an open-market sale by the insider. There is no indication of an independent buy or sell decision by the insider in this filing.