Reid Sandra Lynne 4
4 · DAVEY TREE EXPERT CO · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
Davey Tree EVP Sandra Reid Sells 652 Shares
What Happened
Sandra Lynne Reid, Executive Vice President, Corporate Communications of Davey Tree Expert Co., had 652 shares withheld to satisfy tax liabilities related to a PRSU/RSU payout. The shares were valued at $27.60 each for a total withholding of $17,995. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-27; filed on Form 4: 2026-04-29 (timely).
- Shares withheld/disposed: 652 at $27.60 per share; total value $17,995.
- Footnote F1: Withholding relates to PRSU and RSU payout; distribution of shares occurs over three years.
- Footnote F2: Reporting person’s 401(k) account held 33,130.9931 common shares as of 2026-04-29; that balance reflects routine accumulation and has been reduced by plan administrative fees.
- Transaction type: Tax withholding to cover tax liability (code F) — not a market sale or buy.
Context
Tax-withholding dispositions are common when restricted stock or performance awards vest; they reduce the insider’s share count to pay taxes and do not necessarily signal a change in sentiment. This filing documents the withholding event and updated share figures in the insider’s 401(k) account.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-04-27$27.60/sh−652$17,995→ 184,346 total
- 33,130.993(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Payment of taxes related to PRSU and RSUs pay-out. Distribution of shares over three years.
- [F2]This total reflects routine accumulation of 33,130.9931 common shares acquired through the Company's 401(K) benefit plan as of April 29, 2026, based on internal records. The number of shares in the reporting person's 401(K) plan account has decreased due to administrative fees withheld by the plan administrator.