Research Summary
AI-generated summary of this SEC filing
Davey Tree Exec VP Sandra Reid Buys 308 Shares
What Happened
- Sandra Lynne Reid, Executive Vice President, Corporate Communications at Davey Tree Expert Co., purchased 308 common shares on June 30, 2026 at $23.46 per share, for a total of approximately $7,226. The filing reports this as a purchase (transaction code P).
Key Details
- Transaction date and price: June 30, 2026 — 308 shares at $23.46 ($7,226 total).
- Transaction type: P = Purchase (reported as an ESPP purchase per footnote).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnotes:
- F1: The 308 shares were purchased pursuant to the Company’s Employee Stock Purchase Plan (ESPP).
- F2: The filing notes routine accumulation of 33,463.5575 common shares through the Company’s 401(k) plan as of July 28, 2026, based on internal records.
- Filing timeliness: The Form 4 was filed July 30, 2026 for a June 30, 2026 transaction — beyond the typical two-business-day filing window for Form 4s and therefore appears late.
Context
- ESPP and 401(k) purchases are common employee benefit transactions and can be routine (scheduled payroll deductions or plan purchases). While purchases are generally more informative than sales, ESPP/401(k) activity can reflect benefit participation rather than a discretionary open-market investment decision. The late filing may reduce the immediacy of this signal for short-term traders.