Brent R. Repenning - 15 May 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Signature
/s/Brent R. Repenning/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 May 2025
Net transactions value
-$272,096
Form type
4
Filing time
19 May 2025, 14:59:52 UTC
Previous filing
20 Mar 2025
Next filing
14 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Repenning Brent R EVP, U.S. Utility & DRG 1500 NORTH MANTUA STREET, P.O. BOX 5193, KENT /s/Brent R. Repenning/Christopher J. Bast, by Power of Attorney 19 May 2025 0001572888

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Sale $588,739 -24,429 -17% $24.10 120,330 15 May 2025 Direct
transaction Common Stock Options Exercise $65,440 +8,000 +6.6% $8.18 128,330 16 May 2025 Direct
transaction Common Stock Options Exercise $52,800 +6,000 +4.7% $8.80 134,330 16 May 2025 Direct
transaction Common Stock Options Exercise $57,300 +6,000 +4.5% $9.55 140,330 16 May 2025 Direct
transaction Common Stock Options Exercise $63,300 +6,000 +4.3% $10.55 146,330 16 May 2025 Direct
transaction Common Stock Options Exercise $77,803 +6,430 +4.4% $12.10 152,760 16 May 2025 Direct
holding Common Stock 15,780 15 May 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 -8,000 -100% $0.000000 0 16 May 2025 Common Stock 8,000 $8.18 Direct F2
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,000 -100% $0.000000 0 16 May 2025 Common Stock 6,000 $8.80 Direct F3
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,000 -100% $0.000000 0 16 May 2025 Common Stock 6,000 $9.55 Direct F4
transaction Nonqualified Stock Option (Right to Buy) Options Exercise $0 -6,000 -100% $0.000000 0 16 May 2025 Common Stock 6,000 $10.55 Direct F5
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6,430 -100% $0.000000 0 16 May 2025 Common Stock 6,430 $12.10 Direct F6
* 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 15,780.0072 common shares acquired through the Company's 401(K) benefit plan as of May 16, 2025, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 29, 2017.
F3 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 23, 2018.
F4 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2019.
F5 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 7, 2020.
F6 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 5, 2021.