Elema Eric J 4

What Happened

• Eric J. Elema, EVP, CFO and Assistant Secretary of SiteOne Landscape Supply (SITE), exercised 3,755 stock options on Feb 13, 2026 and sold 1,765 shares in an open-market transaction the same day.
• The options were exercised at $26.67 per share for a cash exercise cost of $100,146. The open-market sale was at $158.01 per share, producing proceeds of $278,888.
• Net of the sale, Elema acquired 1,990 shares (3,755 exercised minus 1,765 sold).

Key Details

• Transaction date: February 13, 2026; Form 4 filed Feb 17, 2026 (reporting appears timely).
• Exercise: 3,755 shares @ $26.67 = $100,146 (derivative/exercise reported).
• Sale: 1,765 shares @ $158.01 = $278,888 (open-market sale).
• Net shares retained from the exercise: 1,990 shares.
• Footnote: These shares relate to a May 12, 2016 option grant (20,621 options total) that vested ratably; 3,755 of those options were vested and outstanding prior to this transaction.

Context

• This was an option exercise combined with a partial sale of the shares. Selling some shares immediately after exercising options is common (e.g., to cover exercise costs or tax withholding), but the filing itself does not state the insider’s motive.
• For retail investors, purchases are generally viewed as a stronger signal than routine option exercises followed by sales; this filing documents both an exercise (acquisition of shares) and a partial sale (disposition).