JAMES C. HOUSTON - 16 May 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Signature
/s/James C. Houston, Christopher J. Bast, by Power of Attorney
Transactions as of
16 May 2025
Transactions value $
-$44,903
Form type
4
Filing time
19 May 2025, 14:53:31 UTC
Previous filing
24 Apr 2025
Next filing
14 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
HOUSTON JAMES C VP & GM, Residential & Commerc 1500 N MANTUA ST, KENT /s/James C. Houston, Christopher J. Bast, by Power of Attorney 19 May 2025 0001929436

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Sale -$75K -3.11K -3.37% $24.10 89.1K 16 May 2025 Direct
transaction Common Stock Options Exercise $30.1K +4K +4.49% $7.53 93.1K 16 May 2025 Direct
holding Common Stock 30.2K 16 May 2025 By 401KSOP 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 -4K -100% $0.00 0 16 May 2025 Common Stock 4K $7.53 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 30,218.1485 common shares acquired through the Company's 401(K) benefit plan as of May 16, 2025, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 29, 2016.