Insider Patrick Covey Files Form 4 for Davey Tree Expert Co.
| Field | Detail |
|---|---|
| Company | Covey Patrick M |
| Form Type | 4 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, ownership-change
TL;DR
**Insider Patrick M. Covey filed a Form 4 for Davey Tree Expert Co., signaling a change in his stock ownership.**
AI Summary
This Form 4 filing, dated March 24, 2026, indicates that Patrick M. Covey, a reporting insider, has filed a statement of changes in beneficial ownership of securities for Davey Tree Expert Co. (CIK: 0000277638). While the filing itself doesn't detail specific transactions, it signals that Covey, an insider, has had a change in his holdings, which could be an acquisition or disposition of shares. This matters to investors because insider activity can sometimes signal management's confidence (or lack thereof) in the company's future prospects.
Why It Matters
This filing signals a change in insider Patrick M. Covey's ownership of Davey Tree Expert Co. shares, which can be an important indicator for investors.
Risk Assessment
Risk Level: low — This filing is purely administrative, indicating a change in insider ownership, but does not inherently present a direct risk without transaction details.
Analyst Insight
Investors should look for a subsequent filing or the full details within this Form 4 (which are not provided in the summary text) to understand the nature of Patrick M. Covey's transaction (buy or sell) and its size, as this could provide insight into insider sentiment.
Key Players & Entities
- COVEY PATRICK M (person) — Reporting insider
- DAVEY TREE EXPERT CO (company) — Issuer of securities
- 0001363607 (person) — CIK for COVEY PATRICK M
- 0000277638 (company) — CIK for DAVEY TREE EXPERT CO
FAQ
What is the purpose of this Form 4 filing by Patrick M. Covey?
This Form 4 filing, dated March 24, 2026, is a 'Statement of changes in beneficial ownership of securities' for Patrick M. Covey regarding shares of Davey Tree Expert Co. It indicates that there has been a change in his ownership of the company's securities.
Who is the issuer of the securities mentioned in this filing?
The issuer of the securities is DAVEY TREE EXPERT CO, with CIK 0000277638, located at 1500 NORTH MANTUA STREET, P O BOX 5193, KENT OH 44240-5193.
Filing Stats: 682 words · 3 min read · ~2 pages · Grade level 7.8 · Accepted 2026-03-24 12:41:22
Filing Documents
- wk-form4_1774370478.html (4)
- wk-form4_1774370478.xml (4) — 8KB
- 0001628280-26-020742.txt ( ) — 10KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * COVEY PATRICK M (Last) (First) (Middle) 1500 NORTH MANTUA STREET (Street) KENT OHIO 44240 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol DAVEY TREE EXPERT CO [ NONE ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Chairman, President & CEO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/23/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/23/2026 M /K 10,000 A $ 8.8 503,363 D Common Stock 03/23/2026 S /K 6,125 D $ 0 497,238 D Common Stock 1,000 I By Sons Common Stock 29,239.6402 (1) I By 401(k) Plan Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-Qualified Stock Option (Right to Buy) $ 8.8 03/23/2026 M /K 10,000 06/23/2018 (2) 06/23/2027 Common Stock 10,000 $ 0 0 D Explanation of Responses: 1. This total reflects routine accumulation of 29,239.6402 common shares acquired through the Company's 401(K) benefit plan as of March 23, 2026, based on internal records. 2. These options become exercisable in 20% installments on each anniversary of the grant date beginning June 23, 2018. Remarks: /s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)