Haught Thomas A 4

What Happened Thomas A. Haught, a director of The Davey Tree Expert Company, was granted 1,558 restricted stock units (RSUs) on May 20, 2026. The Form 4 reports an acquisition at $0.00 (a grant rather than a market purchase); the filing shows no immediate cash value realized. This is a compensation award, not a sale or open-market purchase.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (filed the next day; appears timely).
• Transaction type/code: Award/Grant (A); reported acquisition price: $0.00.
• Shares/units granted: 1,558 RSUs (each unit represents the right to one share upon vesting).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — RSUs vest one-third on each of the first, second and third anniversaries of the grant date, subject to continued service or vesting upon a change in control; unvested units are forfeited.

Context RSUs are a common form of equity compensation that convert to actual shares only as they vest; they don't represent an immediate cash investment by the insider. Because the award vests over three years (or earlier on a change in control), these units align the director's interests with longer-term performance but do not necessarily signal the director's short-term market view.