Reid Sandra Lynne 4

What Happened Sandra Lynne Reid, Executive Vice President of Corporate Communications at Davey Tree Expert Co., was granted 2,550 performance restricted stock units (PRSUs) on March 25, 2026. The award is reported at a grant value of $27.60 per share, for a total reported value of $70,380. This filing reports an award/grant (transaction code A) — not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-03-25; 2,550 PRSUs at $27.60 each; total $70,380.
• Shares owned after transaction: 33,144.0615 common shares (per company records as of March 26, 2026).
• Vesting/conditions (Footnote F1): PRSUs are performance-based, payable in common shares, and will fully vest on the earlier of (a) the third anniversary of the grant, (b) retirement (if age ≥62 with ≥10 years’ service), (c) total/permanent disability or death, or (d) certain termination events. Payment will be made no later than March 15 following the year of retirement.
• Filing timeliness: Form 4 filed on 2026-03-26 for a 2026-03-25 transaction (appears timely).
• Transaction type: Award/grant of restricted stock units (not an immediate sale or purchase).

Context

• This is a compensation award (performance-based RSUs). Such grants reflect company compensation practices and are contingent on meeting performance/vesting conditions; they do not by themselves indicate the insider is buying or selling stock for personal investment.