Davis Anna Christine 4

What Happened Anna Christine Davis, Senior Vice President of Human Resources at Davey Tree Expert Co., received a grant of 1,915 performance restricted stock units (PRSUs) on March 25, 2026. The award is reported at $27.60 per share, for a reported grant value of $52,854. This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date and terms: 2026-03-25; 1,915 PRSUs granted at $27.60 per share (total $52,854).
• Shares owned after transaction: filing reflects 7,870.1602 common shares held via the Company 401(k) plan as of March 26, 2026.
• Footnote on award: PRSUs are performance-based, payable in common shares, and vest no later than the earlier of (a) the third anniversary of the grant, (b) retirement (age ≥62 with ≥10 years’ service), (c) total/permanent disability or death, or (d) certain termination events; payable by March 15 following the year of retirement.
• Filing timeliness: Report filed 2026-03-26 for a 2026-03-25 transaction—filed promptly (not marked late).

Context PRSUs are equity awards that only convert to shares if performance and/or time-based vesting conditions are met; they do not reflect an immediate cash purchase or sale. Such grants are common for executive compensation and should be read as a potential future dilution if and when they vest and are paid in shares.