Sandra Lynne Reid - 21 May 2025 Form 3 Insider Report for DAVEY TREE EXPERT CO

Role
Exec VP Corp Communications
Signature
/s/Sandra Lynne Reid/Christopher J. Bast, by Power of Attorney
Transactions as of
21 May 2025
Transactions value $
$0
Form type
3
Filing time
12 Jun 2025, 16:25:43
Next filing
14 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Reid Sandra Lynne Exec VP Corp Communications 1500 N MANTUA STREET, PO BOX 5193, KENT /s/Sandra Lynne Reid/Christopher J. Bast, by Power of Attorney 12 Jun 2025 0002071570

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding Common Stock 179K 21 May 2025 Direct
holding Common Stock 32.8K 21 May 2025 By 401KSOP 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
holding Non-Qualified Stock Option (Right to Buy) 21 May 2025 Common Stock 3.45K $8.18 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 21 May 2025 Common Stock 3K $8.80 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 21 May 2025 Common Stock 3K $9.55 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 21 May 2025 Common Stock 2.72K $10.55 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 21 May 2025 Common Stock 3K $12.10 Direct F2
holding Stock Appreciation Rights (2016) 21 May 2025 Common Stock 5K $8.18 Direct F3
holding Stock Appreciation Rights (2017) 21 May 2025 Common Stock 2.4K $8.80 Direct F3
holding Stock Appreciation Rights (2018) 21 May 2025 Common Stock 2.44K $9.55 Direct F3
holding Stock Subscription Rights (Right to Buy) 21 May 2025 Common Stock 571 $18.10 Direct F4
* 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 32,818.0224 common shares acquired through the Company's 401(K) benefit plan as of June 12, 2025, based on internal records.
F2 These options vest and become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
F3 Stock Appreciation Rights (SARs)become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
F4 The reported stock subscription rights to purchase shares of the Company's common stock were acquired in the Company's stock subscription offering to employees and non-employee directors in accordance with the provisions of The Davey Tree Expert Company 2014 Omnibus Stock Plan (the "Plan"). All participants in the offering purchasing in excess of $5,000 of common stock were granted a "right" to purchase one additional share of common stock, at a price of $18.10 per share, for every three shares of common stock purchased under the Plan. Each "right" may be exercised at the rate of 1/7 per year beginning on August 1, 2022 and will expire on August 1, 2029.