Dunbar Webster Roy 4
Research Summary
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SiteOne (SITE) Director Dunbar Roy Receives 1,186-Share Award
What Happened Dunbar Webster Roy, a director of SiteOne Landscape Supply, received an award of 1,186 deferred stock units (reported as shares) on May 13, 2026. The Form 4 lists the transaction as an award/grant (code A) at $0.00 per unit (total reported value $0), reflecting director compensation paid in deferred equity rather than cash.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely filing).
- Transaction type/code: Award/Grant (A).
- Amount: 1,186 deferred stock units; reported price $0.00; reported cash value $0.
- Vesting: Units vest in full upon the earlier of (i) the day before the company’s next annual meeting and (ii) the first anniversary of May 13, 2026 (Footnote F1).
- Settlement: Payment/settlement deferred until the earlier of the reporting person’s termination of board service and a change in control (Footnote F1).
- Footnotes: F2 notes the reported amount includes deferred stock units.
- Shares owned after transaction: not specified in the filing.
- Exhibit: Exhibit 24 (Power of Attorney) attached to the filing.
Context This was an equity award for board service, not an open-market purchase or sale. Deferred stock units are commonly used for director compensation and do not represent immediate cash proceeds or an immediate purchase of freely tradable shares; settlement is delayed per the terms above. Such routine awards are standard corporate practice and should be interpreted as compensation, not a direct buy/sell signal.
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