James C. Houston - 10 Oct 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
VP & GM, Residential & Commerc
Signature
/s/James C. Houston, Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
10 Oct 2025
Net transactions value
-$219,506
Form type
4
Filing time
10 Oct 2025, 09:04:57 UTC
Previous filing
29 Aug 2025
Next filing
17 Oct 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HOUSTON JAMES C VP & GM, Residential & Commerc 1500 N MANTUA ST, KENT /s/James C. Houston, Christopher J. Bast, by Power of Attorney 10 Oct 2025 0001929436

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $27,485 +3,360 +3.6% $8.18 97,141 10 Oct 2025 Direct F1
transaction Common Stock Options Exercise $38,720 +4,400 +4.5% $8.80 101,541 10 Oct 2025 Direct F1
transaction Common Stock Options Exercise $80,163 +8,394 +8.3% $9.55 109,935 10 Oct 2025 Direct F1
transaction Common Stock Sale $146,370 -5,740 -5.2% $25.50 104,195 10 Oct 2025 Direct F1
transaction Common Stock Tax liability $79,942 -3,135 -3% $25.50 101,060 10 Oct 2025 Direct F2
transaction Common Stock Tax liability $139,562 -5,473 -5.4% $25.50 95,587 10 Oct 2025 Direct F3
holding Common Stock 30,348 10 Oct 2025 By 401KSOP F4

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 (2016) Options Exercise $0 -3,360 -100% $0.000000 0 10 Oct 2025 Common Stock 3,360 $8.18 Direct
transaction Stock Appreciation Rights (2017) Options Exercise $0 -4,400 -100% $0.000000 0 10 Oct 2025 Common Stock 4,400 $8.80 Direct
transaction Stock Appreciation Rights (2018) Options Exercise $0 -8,394 -100% $0.000000 0 10 Oct 2025 Common Stock 8,394 $9.55 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James C. Houston is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Exercise of SARs upon retirement.
F2 Payment of taxes in connection with SARs pay-out.
F3 Payment of taxes in connection with PRSUs pay-out.
F4 This total reflects routine accumulation of 30,348.3641 common shares acquired through the Company's 401(K) benefit plan as of October 10, 2025, based on internal records.