COVEY PATRICK M (President & CEO) exercised options at DAVEY TREE EXPERT CO
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/30/2026ACC: 0001628280-26-021893
DirectorOfficer· President & CEO
Since Jun 2018
-43.61K
Net shares
Net seller
$1.20M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
58K acquired · 101.61K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
−8.83K
Price / share
$27.60
Trade value
$243.82K
% of position
1.7%
3/27/2026
518.27K→509.43K
Common Stock
Direct
Shares
+58K
Price / share
$8.18
Trade value
$474.44K
% of position
11.4%
3/27/2026
509.43K→567.43K
Common Stock
Direct
Shares
−17.19K
Price / share
$27.60
Trade value
$474.44K
% of position
3.0%
3/27/2026
567.43K→550.24K
Common Stock
Direct
Shares
−17.59K
Price / share
$27.60
Trade value
$485.48K
% of position
3.2%
3/27/2026
550.24K→532.65K
Total
Net shares
+14.39K
Net value
-$729.31K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/27/2026 | F · Tax Withholding | −8.83K | $27.60 | $243.82K | 1.7% | 518.27K | 509.43K |
| Common Stock Direct | 3/27/2026 | M · Option Exercise | +58K | $8.18 | $474.44K | 11.4% | 509.43K | 567.43K |
| Common Stock Direct | 3/27/2026 | F · Tax Withholding | −17.19K | $27.60 | $474.44K | 3.0% | 567.43K | 550.24K |
| Common Stock Direct | 3/27/2026 | F · Tax Withholding | −17.59K | $27.60 | $485.48K | 3.2% | 550.24K | 532.65K |
| Total | +14.39K | -$729.31K | ||||||
Derivative Transactions1
Stock Appreciation Rights (2016)
Direct
Converts to
Common Stock
58K shares
Shares
−58K
Strike price
8.18
Held after
0.00
Exercisable
—
3/27/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (2016) Direct | Common Stock58K shares | 3/27/2026 | M · Option Exercise | −58K | 8.18 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)2
Common Stock
IndirectShares owned29.24K
Common Stock
IndirectShares owned1K
Total
30.24K indirect30.24K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 29.24K | Indirect |
| Common Stock | 1K | Indirect |
| Total | 30.24K | 30.24K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported