Donald C. Brown - 27 Jun 2024 Form 4 Insider Report for DAVEY TREE EXPERT CO

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Jun 2024, 09:40:27 UTC
Prior SEC filing
03 May 2024
Next SEC filing
21 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/Donald C. Brown, Christopher J. Bast, by Power of Attorney

Key filing fact

Donald C. Brown filed Form 4 for DAVEY TREE EXPERT CO on 28 Jun 2024.

Key facts

  • This page summarizes Donald C. Brown's Form 4 filing for DAVEY TREE EXPERT CO.
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 28 Jun 2024, 09:40.

Change

  • Previous filing in this sequence was filed on 03 May 2024.
  • Current net transaction value: +$45,250.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Common Stock

Options Exercise

Transaction value
$45,250
Shares
+2,500
Change %
+3%
Price
$18.10*
Shares after
85,697
Date
27 Jun 2024
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

Stock Subscription Rights (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-2,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
27 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,500
Exercise price
$18.10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Donald C. Brown is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

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 July 31, 2029. Mr. Brown retired from the Board of Directors on May 21, 2024 and the vesting of these stock rights was accelerated based on approval by the Compensation Committee.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .