Elema Eric J 4

What Happened Eric J. Elema, Executive Vice President, Chief Financial Officer and Assistant Secretary of SiteOne Landscape Supply (SITE), had 72 restricted stock units (RSUs) convert into common shares on February 10, 2026. To satisfy tax withholding, 25 of those shares were sold at $148.78 per share for a total of $3,720. The RSU conversion and the tax-withholding sale were reported on a Form 4 filed February 12, 2026.

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (timely).
• RSUs converted: 72 shares vested and converted into common stock (reported as derivative conversion).
• Shares sold to cover taxes: 25 shares disposed at $148.78 each, proceeds $3,720.
• Net shares received from vesting: 47 shares (72 vested less 25 withheld for taxes).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — RSUs convert one-for-one into common stock. F2 — These RSUs were from a 2022 grant of 289 RSUs that vest in four annual installments beginning Feb 10, 2023.
• Transaction codes: M = conversion/exercise of derivative (RSU vesting); F = payment of tax liability via share withholding/sale.

Context This was a routine RSU vesting with a sell-to-cover tax withholding, not an open-market investment sale. Such transactions are common for executives receiving equity compensation and do not by themselves indicate a change in sentiment about the company.