Diaz Fred M 4
Research Summary
AI-generated summary
SiteOne (SITE) Director Fred M. Diaz Sells 1,125 Shares
What Happened Fred M. Diaz, a director of SiteOne Landscape Supply, sold a total of 1,125 shares of SITE in two open-market transactions. On 2026-05-27 he sold 563 shares at $115.13 for $64,818, and on 2026-05-28 he sold 562 shares at $112.52 for $63,236 — total proceeds of approximately $128,054. These were sales (not purchases or option exercises).
Key Details
- Transaction dates and prices:
- 2026-05-27: 563 shares at $115.13 (proceeds $64,818)
- 2026-05-28: 562 shares at $112.52 (proceeds $63,236)
- Total shares sold: 1,125; total proceeds: ~$128,054.
- Shares owned after the transactions: Not disclosed in the materials provided.
- Footnote: Sales were effected under a pre-established Rule 10b5-1 sales plan adopted by Mr. Diaz on February 25, 2026.
- Filing timeliness: Form 4 was filed on 2026-05-29 for transactions on 05-27 and 05-28, which is timely (no late filing indicated).
Context Sales under a 10b5-1 plan are pre-arranged and often executed automatically, which can limit how much the trades reveal about the insider’s current view of the company. In general, open-market sales by directors are common and are typically considered routine; they are not the same signal as a director-initiated purchase.