Christopher J. Bast - May 23, 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Signature
/s/Christopher J. Bast/Joseph R. Paul, by Power of Attorney
Transactions as of
May 23, 2025
Transactions value $
$38,889
Form type
4
Date filed
5/23/2025, 10:34 AM
Previous filing
Mar 24, 2025
Next filing
Jul 14, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bast Christopher J Sr VP, Treasurer & Ops Support 1500 NORTH MANTUA STREET, P.O. BOX 5193, KENT /s/Christopher J. Bast/Joseph R. Paul, by Power of Attorney 2025-05-23 0001577289

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $38.9K +3.21K +3.34% $12.10 99.5K May 23, 2025 Direct
holding Common Stock 12.4K May 23, 2025 By 401(K) Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -3.21K -100% $0.00 0 May 23, 2025 Common Stock 3.21K $12.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total reflects routine accumulation of 12,446.9569 common shares acquired through the Company's 401(K) benefit plan as of May 23, 2025, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 5, 2021.