Haught Thomas A 4

What Happened

• Thomas A. Haught, a director of Davey Tree Expert Co., was granted 2,799.7 units of phantom stock (derivative award) on 2026-06-24. The units were reported at $0.00 per unit (total reported value $0) because they are cash‑settled phantom stock rather than actual shares.

Key Details

• Transaction date: 2026-06-24; filing date: 2026-06-25 (timely).
• Transaction type: Grant/Award (code A); reported as a derivative (phantom stock).
• Quantity: 2,799.7 phantom stock units at $0.00 per unit (reported total $0).
• Shares/units owned after transaction: not specified in the filing.
• Footnote: Each phantom stock unit is the economic equivalent of one share and becomes payable in cash upon the reporting person's termination of service as a director.

Context

• Phantom stock units are cash‑settled awards that mirror the economic value of shares but do not confer immediate stock ownership, voting rights, or share delivery. Such grants are a common form of director compensation and should not be interpreted as an open‑market purchase or sale signaling immediate insider sentiment.