Davey Tree Sr. VP Christopher J. Bast Buys 308 Shares

What Happened
Christopher J. Bast, Senior Vice President, Treasurer & Operations Support of Davey Tree Expert Co., purchased 308 common shares on 2026-06-30 at $23.46 per share, for a total of approximately $7,226. The filing indicates these shares were acquired pursuant to the company’s Employee Stock Purchase Plan (see footnote F1). This was a purchase (not a sale), which some investors view as a modest insider buy rather than a large signal of conviction.

Key Details

• Transaction date and price: 2026-06-30, 308 shares at $23.46 each. Total value ≈ $7,226.
• Acquisition type: Purchase under the Employee Stock Purchase Plan (F1).
• Report filed: Form 4 submitted 2026-07-30 — roughly one month after the transaction (this is later than the usual 2-business-day filing window).
• Reported holdings note: Filing includes footnote that routine accumulation through the company 401(k) totaled 13,276.3964 common shares as of July 28, 2026 (F2).
• No options exercised, no gifts, and no immediate sales reported in this filing.

Context
Purchases through ESPPs and 401(k) plans are common for employees and often reflect routine payroll deductions or plan participation rather than a new personal conviction. The dollar amount here (~$7.2k) is small relative to typical material insider trades. Retail investors may track such purchases for patterns over time, but a single small ESPP purchase should not be over-interpreted as a major insider signal.