SiteOne CEO Makes Charitable Gift of 8,000 Shares Valued at $0
SiteOne Landscape Supply, Inc.
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Filing Summary
SiteOne CEO Makes Charitable Gift of Stock
Company: SiteOne Landscape Supply, Inc. (SITE) Form: 4 | Filed: 2025-11-06 Significance: Low
Insider: BLACK DOUG Title: CEO | Relationship: Director, Officer
Transaction: • Type: Gift • Shares: 8,000 • Price: $0.00 • Value: $0 • Owned After: 582,446 (total direct & indirect)
Key Insight: The CEO's charitable donation of 8,000 shares is a non-market event and does not signal a change in outlook for the company.
Market Context: The transaction is immaterial, representing just 0.018% of total shares outstanding for the $5.55B company.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: SiteOne Landscape Supply, Inc. (SITE)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The CEO, Doug Black, made a charitable gift of 8,000 shares of common stock, a non-market transaction with negligible financial impact.
- Market Impact: Neutral. This transaction is not indicative of insider sentiment regarding the company's future performance.
Company Information
| Field | Value |
|---|---|
| Company | SiteOne Landscape Supply, Inc. |
| Ticker Symbol | SITE |
| CIK | 0001650729 |
| Industry | Wholesale-Professional & Commercial Equipment & Supplies |
Insider Information
| Field | Value |
|---|---|
| Name | BLACK DOUG |
| CIK | 0001672083 |
| Title/Position | CEO |
| Relationship | Director, Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-11-04 |
| Transaction Code | G (Gift) |
| Security Type | Common Stock |
| Shares Involved | 8,000 |
| Price Per Share | $0.00 |
| Total Value | $0 |
| Shares Owned After | 485,180 (Directly) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0 |
| % of Market Cap | 0.00% |
| Shares Transacted | 8,000 |
| % of Shares Outstanding | 0.018% |
| Post-Transaction Ownership | 582,446 shares (1.305% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value is $0, having no impact on the company's $5.55 billion market capitalization.
- Ownership Concentration: The gift represents a very small portion of the CEO's total holdings. After the gift, Mr. Black still beneficially owns 582,446 shares, or approximately 1.3% of the company, which is a substantial stake.
- Transaction Significance: The transaction is a charitable gift, as noted in the filing's footnotes. Such disposals are typically not interpreted as a negative signal by the market. The number of shares is immaterial, representing less than 0.02% of shares outstanding.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: Charitable gifts are personal financial decisions and are not considered market-moving events. The transaction does not reflect a change in the insider's confidence in the company.
Volume & Sentiment
- Expected Volume Impact: Negligible. The transaction occurred off-market and is too small to influence trading volume.
- Sentiment Indicator: Neutral. The filing is unlikely to have any impact on market sentiment towards SITE.
Additional Context
Transaction Notes
- Special Circumstances: The filing's footnote F1 explicitly states the transaction was a "Charitable gift."
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.