Research Summary
AI-generated summary of this SEC filing
Davey Tree CFO Paul Joseph R Buys 308 Shares
What Happened
- Paul Joseph R., EVP & CFO and a company director, purchased 308 common shares of Davey Tree Expert Co. on June 30, 2026 at $23.46 per share for a total of $7,226. The filing lists the transaction as a purchase (code P) and a footnote states the shares were acquired pursuant to the Company’s Employee Stock Purchase Plan (ESPP).
Key Details
- Transaction date and price: 2026-06-30 at $23.46 per share (308 shares; $7,226 total).
- Transaction type: Purchase via ESPP (Form 4 code P).
- Shares owned after transaction: Not explicitly stated in the Form 4. Footnote also notes 24,714.2242 common shares were accumulated through the company 401(k) as of 2026-07-28 (internal records), but that figure is described as accumulation through the benefit plan, not a definitive total holding.
- Filing date and timeliness: Form filed 2026-07-30. Because Form 4 is normally required within two business days of the transaction, this filing appears to have been submitted late; check the filing for any explanatory remarks.
Context
- This was a direct purchase through the company’s ESPP (an employee benefit), which is a routine way insiders can buy relatively small amounts of stock and is generally more informative than routine sales. The purchase size (~$7.2k) is modest; investors should view it as a routine insider buy rather than a large directional bet.
- No options, gifts, or sales are reported in this filing; the transaction does not indicate immediate resale or cashless exercise.