Repenning Brent R 4

What Happened
Brent R. Repenning, Executive Vice President of Specialized Services at Davey Tree, reported a sale of 11,040 common shares on April 1, 2026. The transaction was reported as an open market or private sale (code S) at $27.60 per share, for total proceeds of $304,704. The Form 4 was filed on April 2, 2026 reporting the April 1 transaction.

Key Details

• Transaction date and price: 2026-04-01 — 11,040 shares sold at $27.60 per share (total $304,704).
• Filing date: Form 4 filed 2026-04-02 reporting the 4/1/2026 sale. No late filing was indicated in the provided data.
• Shares owned after transaction: Not disclosed in the excerpt; the filing’s footnote notes 15,838.0795 shares in the reporting person’s 401(k) account as of April 2, 2026.
• Footnote (F1): Indicates routine accumulation of 15,838.0795 common shares via the Company 401(k) plan as of 4/2/2026 and that the plan account balance decreased due to administrative fees withheld by the plan administrator.
• Transaction code: S = Sale.

Context
This is a straight sale by an executive. Sales by insiders can be routine (e.g., diversification, tax/payment obligations) and do not by themselves indicate company prospects; purchases are typically more informative about insider sentiment. There is no indication here of option exercises, gifts, or a 10% owner block transaction.