Davis Anna Christine 4

What Happened

• Anna Christine Davis, Senior Vice President of Human Resources at Davey Tree Expert Co., had 738 shares disposed/withheld on April 27, 2026 to satisfy tax withholding obligations tied to vested PRSUs/RSUs. The shares were valued at $27.60 each, totaling about $20,369.
• This was a tax-withholding disposal (routine), not an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-04-27; Price: $27.60 per share; Shares withheld/disposed: 738; Total value: $20,369 (approx.).
• Transaction code: F — payment of taxes related to PRSU and RSU payout.
• Footnote F1: Tax payment related to PRSU and RSU payout; distribution of shares occurs over three years.
• Footnote F2: The filing notes 7,867.0556 common shares held in the reporting person's 401(k) account as of April 29, 2026; that balance has been reduced by administrative fees.
• Filing date: 2026-04-29 (timely relative to the 2026-04-27 transaction).

Context

• Withholding shares to cover taxes on vested equity is a common, routine practice and does not by itself indicate a change in insider sentiment about the company.
• The action reflects tax mechanics for equity compensation (RSUs/PRSUs). The 401(k) note reflects plan accumulation and administrative fee activity, not an active purchase or sale decision by the insider.