BLACK DOUG 4

What Happened

• Doug Black, CEO and director of SiteOne Landscape Supply (SITE), had 1,579 restricted stock units (RSUs) vest on Feb 10, 2026. The RSUs converted one-for-one into 1,579 common shares.
• To cover tax withholding, 702 of those shares were surrendered/withheld at a per-share value of $148.78, resulting in $104,444 withheld. The net result was delivery of 877 shares to Mr. Black.
• This was not an open‑market sale or purchase—it's routine RSU vesting with shares withheld for taxes.

Key Details

• Transaction date: Feb 10, 2026; Form 4 filed Feb 12, 2026 (timely filing).
• Vesting/Conversion: 1,579 RSUs converted to 1,579 common shares (transaction code M — exercise/conversion of derivative).
• Tax withholding: 702 shares withheld/disposed to satisfy tax obligations at $148.78/share for a withholding amount of $104,444 (transaction code F).
• Net shares delivered to insider: 877 shares (1,579 vested − 702 withheld).
• Footnotes: F1 confirms RSUs convert one-for-one to common stock; F3 notes the RSUs were from a Feb 10, 2022 grant of 6,317 RSUs vesting in four equal annual installments; F2 notes indirect ownership via a family trust (spouse as trustee).
• Reported post-transaction beneficial ownership not included in the provided filing excerpt.

Context

• This is a routine equity compensation event (RSU vesting) rather than a buy or sell indicating directional market sentiment. The withholding to cover taxes is common practice (a cashless settlement/withholding), not an open‑market sale of shares by the insider.