Isbell Jeri L 4
Research Summary
AI-generated summary
SiteOne (SITE) Director Jeri L. Isbell Converts RSUs, Receives New Award
What Happened
- Jeri L. Isbell, a non‑employee director of SiteOne Landscape Supply, had 1,125 restricted stock units (RSUs) vest/convert into 1,125 common shares on May 12, 2026 (reported as a derivative conversion). She was also granted 1,186 new RSUs on May 13, 2026. Neither the vesting/conversion nor the new grant involved cash consideration.
Key Details
- Transaction dates: May 12, 2026 (1,125 RSUs vested/converted); May 13, 2026 (1,186 RSUs granted).
- Transaction types reported: M = exercise/conversion of derivative (RSU vesting → common shares); A = grant/award (new RSUs).
- Prices/consideration: $0.00 reported — no cash paid or received on conversion or grant.
- Footnotes: RSUs convert one‑for‑one into common stock. The 1,125 RSUs were originally granted May 14, 2025 and vested per the applicable schedule; the new RSUs vest/settle based on continued service and timing tied to the next annual meeting or first anniversary (see filing).
- Shares owned after these transactions: not specified in the supplied filing excerpt.
- Filing timeliness: Form 4 was filed May 14, 2026 for transactions on May 12–13, 2026 — appears timely under Form 4 rules.
Context
- These entries reflect RSU vesting (conversion of a derivative award into common shares) and a standard director equity grant — routine compensation actions rather than open‑market purchases or sales. Because no shares were sold and no cash was exchanged, this is not a market directional signal.