Davey Tree Expert Co — Anna Christine Davis Buys 307 Shares

What Happened
Anna Christine Davis, Senior Vice President of Human Resources at Davey Tree Expert Co, acquired 307 common shares on June 30, 2026 at $23.46 per share for a total cost of about $7,202. The filing identifies the transaction as a purchase and notes the shares were obtained under the company’s Employee Stock Purchase Plan (ESPP), which is a routine employee benefit program.

Key Details

• Transaction date and price: June 30, 2026 — 307 shares at $23.46 per share (total ≈ $7,202).
• Transaction type: Purchase (code P) via the Employee Stock Purchase Plan (footnote F1).
• Reported holdings after transaction: Internal records reflect a total of 8,139.5121 common shares accumulated through the company 401(k) plan as of July 28, 2026 (footnote F2). This footnote appears to report cumulative holdings from benefit plans rather than a single trade balance.
• Filing timeliness: Transaction reported on Form 4 filed July 30, 2026 — 30 days after the trade date, which is later than the standard two-business-day Form 4 reporting requirement.

Context
ESPP purchases and 401(k) accumulations are common ways employees acquire company stock and are generally seen as routine compensation/benefit activity rather than trading for short-term gain. The purchase itself is a direct buy (a bullish action in isolation), but the late filing reduces the immediacy of disclosure for investors evaluating insider activity.