SiteOne Landscape Supply, Inc. Announces 2024 Annual Meeting of Stockholders

Ticker: SITE · Form: DEF 14A · Filed: Mar 26, 2024 · CIK: 1650729

Sentiment: neutral

Topics: Proxy Statement, Annual Meeting, SiteOne Landscape Supply, Shareholder Voting, Corporate Governance

TL;DR

<b>SiteOne Landscape Supply will hold its 2024 Annual Meeting of Stockholders on May 7, 2024, in Atlanta, Georgia.</b>

AI Summary

SiteOne Landscape Supply, Inc. (SITE) filed a Proxy Statement (DEF 14A) with the SEC on March 26, 2024. The 2024 Annual Meeting of Stockholders for SiteOne Landscape Supply, Inc. will be held on Tuesday, May 7, 2024, at 9:00 a.m. Eastern Time. The meeting will take place at the Atlanta Airport Marriott Gateway Hotel, 2020 Convention Center Concourse, Atlanta, Georgia 30337. The company navigated softer markets, operating cost inflation, gross margin normalization, and commodity price deflation in the past year. Despite challenges, SiteOne Landscape Supply achieved net sales growth, expanded capabilities, and increased market share. The company's strategic vision and growth focus remain on delivering customer value, fostering an entrepreneurial spirit, and driving sustainable growth.

Why It Matters

For investors and stakeholders tracking SiteOne Landscape Supply, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating it's the final version provided to shareholders for voting on corporate matters. The proxy statement details the company's performance and strategic outlook, providing shareholders with information to make informed decisions regarding the company's governance and future direction.

Risk Assessment

Risk Level: low — SiteOne Landscape Supply, Inc. shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) with no new material financial information or significant governance changes disclosed, making the immediate risk low.

Analyst Insight

Shareholders should review the proxy statement to understand the proposals being voted on, executive compensation, and the company's performance overview before the May 7th meeting.

Key Numbers

Key Players & Entities

FAQ

When did SiteOne Landscape Supply, Inc. file this DEF 14A?

SiteOne Landscape Supply, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 26, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by SiteOne Landscape Supply, Inc. (SITE).

Where can I read the original DEF 14A filing from SiteOne Landscape Supply, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by SiteOne Landscape Supply, Inc..

What are the key takeaways from SiteOne Landscape Supply, Inc.'s DEF 14A?

SiteOne Landscape Supply, Inc. filed this DEF 14A on March 26, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for SiteOne Landscape Supply, Inc. will be held on Tuesday, May 7, 2024, at 9:00 a.m. Eastern Time.. The meeting will take place at the Atlanta Airport Marriott Gateway Hotel, 2020 Convention Center Concourse, Atlanta, Georgia 30337.. The company navigated softer markets, operating cost inflation, gross margin normalization, and commodity price deflation in the past year..

Is SiteOne Landscape Supply, Inc. a risky investment based on this filing?

Based on this DEF 14A, SiteOne Landscape Supply, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement (DEF 14A) with no new material financial information or significant governance changes disclosed, making the immediate risk low.

What should investors do after reading SiteOne Landscape Supply, Inc.'s DEF 14A?

Shareholders should review the proxy statement to understand the proposals being voted on, executive compensation, and the company's performance overview before the May 7th meeting. The overall sentiment from this filing is neutral.

Risk Factors

Key Dates

Filing Stats: 4,416 words · 18 min read · ~15 pages · Grade level 17.9 · Accepted 2024-03-26 06:03:09

Key Financial Figures

Filing Documents

From the Filing

tm242839-3_nonfiling - block - 24.4532031s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for use of the Commission only (as permitted by Rule 14A-6(E)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Section 240.14a-12 SiteOne Landscape Supply, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 TABLE OF CONTENTS 2024 PROXY STATEMENT AND NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS Tuesday, May 7, 2024 9:00 a.m., Eastern Time Atlanta Airport Marriott Gateway Hotel TABLE OF CONTENTS 300 Colonial Center Parkway Suite 600 Roswell, Georgia 30076 March 26, 2024 Dear Fellow Stockholders: On behalf of the Board of Directors of SiteOne Landscape Supply, Inc., I would like to express our appreciation for your continued interest in our company. It is my pleasure to invite you to SiteOne's Annual Meeting of Stockholders, to be held at the Atlanta Airport Marriott Gateway Hotel, 2020 Convention Center Concourse, Atlanta, Georgia 30337 on Tuesday, May 7, 2024, at 9:00 a.m., Eastern Time. As we look back on the past year, I am very proud of our team's continuing dedication to our strategic vision and growth. Despite the challenges posed by softer markets, operating cost inflation, gross margin normalization, and commodity price deflation, our team adeptly navigated these conditions, delivering Net sales growth, expanding our capabilities, and increasing our market share. Our well-balanced business, strong balance sheet, extensive product portfolio and geographic diversity also contributed to this resilience and continue to position us to capitalize on the significant opportunities within our industry. Our focus therefore remains on delivering superior value for our customers, nurturing our entrepreneurial spirit, and driving sustainable growth to ensure long-term value creation for all our stakeholders. Additionally, we once again published our annual IMPACT Report in 2023 which includes our reporting under the Sustainability Accounting Standards Board ("SASB") and Task Force on Climate-Related Financial Disclosures ("TCFD") frameworks. Our IMPACT Report highlights our recent initiatives that advance our objectives and help bring our Vision to life. We encourage you to review this report and learn more about our efforts by visiting the "Stakeholder Impact" tab of our website at www.siteone.com/impact . The formal Notice of Annual Meeting and Proxy Statement are enclosed with this letter. The Proxy Statement describes the matters to be acted upon at the Annual Meeting. It also describes how the Board operates and provides compensation and other information about the management team and Board. Your vote is important. Whether or not you plan to attend the Annual Meeting, I strongly encourage you to vote as soon as possible. You may vote over the Internet, by telephone or by mailing a proxy or voting instruction card. For instructions on voting, please refer to the Notice of Internet Availability of Proxy Materials you received in the mail or the section entitled "How Do I Vote?" on page 65 of the Proxy Statement. If you received a paper copy of the Proxy Statement, please use your enclosed proxy card to vote. Finally, I would like to once again emphasize that the Board places a very high value on feedback from our stockholders. In 2023, we continued our robust stockholder outreach program, now in its sixth year, by engaging with firms and/or their affiliates who collectively held approximately 61% of our outstanding shares. Please review the summary of our outreach program beginning on page 3 of the Proxy Statement. The feedback we received during these meetings contributed positively to our boardroom conversations and decision-making, and we look forward to continuing to strengthen this program in the future. Thank you for your ongoing support of SiteOne. Sincerely, Doug Black Chairman of the Board and Chief Executive Officer TABLE OF CONTENTS 300 Colonial Center Parkway Suite 600 Roswell, Georgia 30076 NOTICE OF 2024 ANNUAL MEETING OF STOCKHOLDERS Date and Time: Tuesday, May 7, 2024, at 9:00 a.m., Eastern Time Place: Atlanta Airport Marriott Gateway Hotel, 2020 Convention Center Concourse, Atlanta, Georgia 30337 Record Date: March 8, 2024 Business To Be Conducted: Elect the three Class II nominees named in the

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