secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001104659-24-019851
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne grants PSUs to CEO Black (12,375) and four other NEOs; based on 3-year EBTA growth vs peers
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- CEO Doug Black receives 12,375 PSUs; other four NEOs receive 2,062-2,459 each.
- PSUs vest after 3-year Performance Cycle (2024-2027) based on relative EBTA growth and ROIC modifier; max payout 200% of target.
- Payout capped at 100% of target if absolute EBTA growth is negative.
- Awards granted under 2020 Omnibus Equity Incentive Plan; forfeiture if employment terminates before vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465924019851/0001104659-24-019851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465924019851/tm245903d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-019851

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer