Diaz Fred M 4
Research Summary
AI-generated summary
SiteOne (SITE) Director Fred M. Diaz Receives RSU Award
What Happened
- Fred M. Diaz, a non-employee director of SiteOne Landscape Supply, had 1,125 restricted stock units (RSUs) convert/vest into common stock on May 12, 2026 (reported as an exercise/conversion of a derivative). That same conversion shows a recorded disposition at $0 (see Key Details). On May 13, 2026 he was granted a new award of 1,186 RSUs. All reported transactions were filed on May 14, 2026.
- No cash price or market sale is reported — the conversions and grants are RSU settlements/awards, not open-market purchases or sales.
Key Details
- Transaction dates: May 12, 2026 (1,125 RSU conversion/settlement); May 13, 2026 (grant of 1,186 RSUs). Filing date: May 14, 2026 (Accession 0001104659-26-061427).
- Prices/values reported: conversions and dispositions listed at $0 or N/A; RSUs convert into common stock on a one-for-one basis per footnotes.
- Shares owned after transaction: Not specified in this Form 4.
- Notable footnotes: RSUs referenced were granted previously (May 14, 2025 grant of 1,125 RSUs with vesting conditions) and the new RSUs vest/settle upon the earlier of the day before the next annual meeting or the first anniversary of the grant date, subject to continued service.
- Timeliness: Filing appears timely (filed 1–2 days after the transactions); no late filing indicated.
- Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.
Context
- For retail investors: this activity reflects RSU vesting/settlement and a new RSU grant to a director — routine compensation-related insider reporting rather than a market purchase or sale expressing a trading view. RSU conversions are derivative settlements (code M) and the $0 disposal entry reflects the administrative conversion/settlement process described in the footnotes, not an open-market sale.
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