JAMES C. HOUSTON - 29 Aug 2025 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role: VP & GM, Residential & Commerc
Signature: /s/James C. Houston, Christopher J. Bast, by Power of Attorney
Transactions as of: 29 Aug 2025
Net transactions value: +$5,140
Form type: 4
Filing time: 29 Aug 2025, 10:59:48 UTC
Previous filing: 14 Jul 2025
Next filing: 10 Oct 2025
SEC: View on sec.gov

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	29 Aug 2025	0001929436

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction		Common Stock	Options Exercise	$5,140	+284	+0.3%	$18.10	93,781	29 Aug 2025	Direct
holding		Common Stock						30,322	29 Aug 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		Stock Subscription Rights (Right to Buy)	Options Exercise	$0	-284	-57%	$0.000000	216	29 Aug 2025	Common Stock	284	$18.10	Direct

* 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 30,321.5162 common shares acquired through the Company's 401(K) benefit plan as of August 29, 2025, based on internal records.