James Edgar Doyle - 21 Mar 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
EVP & GM, Canada Operations
Signature
/s/James Edgar Doyle/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
21 Mar 2025
Net transactions value
-$525,964
Form type
4
Filing time
21 Mar 2025, 16:08:19 UTC
Previous filing
11 Mar 2025
Next filing
14 Jul 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 $94,878 +12,600 +7.6% $7.53 177,725 21 Mar 2025 Direct F1
transaction Common Stock Disposed to Issuer $94,882 -3,937 -2.2% $24.10 173,788 21 Mar 2025 Direct F2
transaction Common Stock Tax liability $111,149 -4,612 -2.7% $24.10 169,176 21 Mar 2025 Direct F3
transaction Common Stock Options Exercise $103,068 +12,600 +7.4% $8.18 181,776 21 Mar 2025 Direct F4
transaction Common Stock Options Exercise $56,320 +6,400 +3.5% $8.80 188,176 21 Mar 2025 Direct F4
transaction Common Stock Options Exercise $92,310 +9,666 +5.1% $9.55 197,842 21 Mar 2025 Direct F4
transaction Common Stock Sale $251,676 -10,443 -5.3% $24.10 187,399 21 Mar 2025 Direct F2
transaction Common Stock Tax liability $234,469 -9,729 -5.2% $24.10 177,670 21 Mar 2025 Direct F3
transaction Common Stock Tax liability $180,364 -7,484 -4.2% $24.10 170,186 21 Mar 2025 Direct F5

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 Stock Appreciation Rights (2015) Options Exercise $0 -12,600 -100% $0.000000 0 21 Mar 2025 Common Stock 12,600 $7.53 Direct F1
transaction Stock Appreciation Rights (2016) Options Exercise $0 -12,600 -100% $0.000000 0 21 Mar 2025 Common Stock 12,600 $8.18 Direct F4
transaction Stock Appreciation Rights (2017) Options Exercise $0 -6,400 -100% $0.000000 0 21 Mar 2025 Common Stock 6,400 $8.80 Direct F4
transaction Stock Appreciation Rights (2018) Options Exercise $0 -9,666 -100% $0.000000 0 21 Mar 2025 Common Stock 9,666 $9.55 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to their terms, Stock Appreciation Rights (SARs) were automatically exercised on March 6, 2025, which was the tenth anniversary of the grant date. March 20, 2025 is the earliest date on which Company was able to complete SARs calculations, based on the availability of its stock price valuation.
F2 Distribution of Stock Appreciation Rights (SARs) pursuant to plan.
F3 Payment of taxes in connection with SARs pay-out.
F4 Exercise of SARs.
F5 Payment of taxes related to PRSU and RSUs pay-out. Distribution of shares over three and five years.