The Davey Tree Expert Company

06/12/2025 | Press release | Distributed by Public on 06/12/2025 14:26

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Reid Sandra Lynne
2. Date of Event Requiring Statement (Month/Day/Year)
05/21/2025
3. Issuer Name and Ticker or Trading Symbol
DAVEY TREE EXPERT CO [NONE]
(Last) (First) (Middle)
1500 N MANTUA STREET, PO BOX 5193
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec VP Corp Communications
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
KENT, OH 44240
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 179,440 D
Common Stock 32,818.0224(1) I By 401KSOP
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy) 06/28/2017(2) 06/28/2026 Common Stock 3,450 $8.18 D
Non-Qualified Stock Option (Right to Buy) 06/23/2018(2) 06/23/2027 Common Stock 3,000 $8.8 D
Non-Qualified Stock Option (Right to Buy) 06/28/2019(2) 06/28/2028 Common Stock 3,000 $9.55 D
Non-Qualified Stock Option (Right to Buy) 06/12/2020(2) 06/12/2029 Common Stock 2,720 $10.55 D
Non-Qualified Stock Option (Right to Buy) 06/17/2021(2) 06/17/2030 Common Stock 3,000 $12.1 D
Stock Appreciation Rights (2016) 03/04/2017(3) 03/04/2026 Common Stock 5,000 $8.18 D
Stock Appreciation Rights (2017) 03/03/2018(3) 03/03/2027 Common Stock 2,400 $8.8 D
Stock Appreciation Rights (2018) 03/09/2019(3) 03/09/2028 Common Stock 2,442 $9.55 D
Stock Subscription Rights (Right to Buy) 08/01/2022(4) 08/01/2029 Common Stock 571 $18.1 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Reid Sandra Lynne
1500 N MANTUA STREET
PO BOX 5193
KENT, OH 44240
Exec VP Corp Communications

Signatures

/s/Sandra Lynne Reid/Christopher J. Bast, by Power of Attorney 06/12/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) This total reflects routine accumulation of 32,818.0224 common shares acquired through the Company's 401(K) benefit plan as of June 12, 2025, based on internal records.
(2) These options vest and become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
(3) Stock Appreciation Rights (SARs)become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
(4) The reported stock subscription rights to purchase shares of the Company's common stock were acquired in the Company's stock subscription offering to employees and non-employee directors in accordance with the provisions of The Davey Tree Expert Company 2014 Omnibus Stock Plan (the "Plan"). All participants in the offering purchasing in excess of $5,000 of common stock were granted a "right" to purchase one additional share of common stock, at a price of $18.10 per share, for every three shares of common stock purchased under the Plan. Each "right" may be exercised at the rate of 1/7 per year beginning on August 1, 2022 and will expire on August 1, 2029.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
The Davey Tree Expert Company published this content on June 12, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on June 12, 2025 at 20:26 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io