KILBANE CATHERINE M 4
4 · DAVEY TREE EXPERT CO · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Davey Tree Director Catherine Kilbane Receives 1,558 RSU Award
What Happened Catherine M. Kilbane, a director of The Davey Tree Expert Company, received a grant of 1,558 restricted stock units (RSUs) on May 20, 2026. The units were awarded at a $0.00 price (i.e., no purchase cost reported). The filing reports the grant as an acquisition-type award (Form 4 code "A") rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-21 (appears timely).
- Award: 1,558 RSUs granted, reported with acquisition price $0.00.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Each RSU represents the right to one share; units vest one-third on each of the first, second and third anniversaries of the grant date, subject to continued service or a change in control. Unvested units are forfeited if vesting conditions aren’t met.
Context RSUs are awards that convert into actual shares only if and when they vest; they are not an immediate cash purchase or sale and thus don’t directly signal a buy/sell market action. Vesting over three years means the economic benefit accrues over time and may accelerate on a change in control per the footnote.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-20+1,558→ 27,715 total
Footnotes (1)
- [F1]Grant of restricted stock unit, each of which represents the right to receive one share of common stock of The Davey Tree Expert Company. The units vest as to one-third on each of the first, second and third anniversary of the date of the grant subject to continued service through the vesting date or upon occurrence of a change in control. Any units that do not vest will be forfeited.