SiteOne CEO Doug Black Buys $1 Million Of Stock, His Third Purchase Since August
The chief executive added to his holdings through family trusts.
SiteOne Landscape Supply CEO Doug Black bought 9,100 shares of the company's stock on Friday at an average of $110.30, a purchase worth about $1.0 million, according to a Form 4, the report insiders file after trading. It is his third purchase filing since August.
Two trusts, two prices
The shares were split evenly between two family trusts. The 2021 Family Trust bought 4,550 shares at $109.91, and the 2019 Family Trust bought 4,550 at $110.68. Both were open-market purchases held indirectly.
One trust is run by Black as trustee. The other is run by his spouse, according to the filing's footnotes.
Black now holds 611,527 shares as reported on the filing: 482,161 directly and 129,366 indirectly through family trusts. That is worth about $68.3 million at Tuesday's close of $111.71, above his average purchase price. This purchase equals 1.49% of his post-filing stake.
Buying as the stock slides
Two earlier filings show Black bought 8,000 shares on August 4 at about $102.03 ($816,000) and 5,000 shares on August 26 at about $96.13 ($481,000). Together those came to 13,000 shares, or $1.3 million.
Including Friday's trade, the three filings since August 5 total 22,100 shares, or $2.3 million. The stock has fallen about 8% this year as of Monday's close.
A landscape supply distributor
SiteOne is a wholesale distributor of landscape supplies in the United States, with a presence in Canada. It sells pavers and natural stone, irrigation supplies, fertilizer, nursery goods, outdoor lighting and ice melt, mainly to landscape professionals.
As of December 28, 2025, it had over 670 branches in 45 U.S. states and five Canadian provinces. About 60% of fiscal 2025 net sales came from residential construction and 32% from commercial construction.
Each of Black's three purchase filings since August has come at a lower price than the last until Friday's, which was done near $110.
Sources
- Form 4 — Doug Black (SITE) — SEC EDGAR
