secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001104659-25-010936
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne grants PSUs to officers; CEO receives 15,460 units based on 3-yr performance
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- PSUs awarded Feb 5, 2025 to CEO Doug Black (15,460), EVPs Brisendine, Guthrie (3,036 each), Salmon (2,668), Ketter (2,576).
- Award tied to 3-year performance (Dec 30, 2024 – Jan 2, 2028): 70% relative EBTA growth vs peers, 30% absolute ROIC.
- Payout ranges from 0% to 200% of target based on threshold (50th/25th percentile), target (50th/16%), or maximum (75th/20%).
- Vesting requires continuous employment through end of Performance Cycle, with pro-rata vesting on qualifying termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465925010936/0001104659-25-010936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465925010936/tm255792d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-010936

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