Patrick M. Covey - 28 Mar 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
Chairman, President & CEO, Director
Signature
/s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
28 Mar 2025
Net transactions value
+$98,160
Form type
4
Filing time
28 Mar 2025, 13:35:02 UTC
Previous filing
24 Mar 2025
Next filing
10 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $98,160 +12,000 +2.1% $8.18 580,785 28 Mar 2025 Direct
holding Common Stock 1,000 28 Mar 2025 By Sons
holding Common Stock 28,567 28 Mar 2025 By 401(k) Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -12,000 -100% $0.000000 0 28 Mar 2025 Common Stock 12,000 $8.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total reflects routine accumulation of 28,566.6422 common shares acquired through the Company's 401(K) benefit plan as of March 28, 2025, based on internal records. The number of shares in the reporting person's 401(K) plan account has decreased due to administrative fees withheld by the plan administrator.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2017.