NONE DAVEY TREE EXPERT CO

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Executive Summary

Three senior executives at Davey Tree Expert Co., including the CEO and CFO, sold shares worth $3.24 million in mid-April 2026, with open-market sales totaling over $2.2 million. These sales follow a broader insider cluster that includes a major $37.1 million open-market purchase by Silver Point Capital and smaller buys by other insiders. The mix of executive selling and institutional buying suggests divergent sentiment, with leadership reducing exposure while a large institutional investor increases theirs.

Key Financial Metrics

Actionable Insight

Key Facts

• CEO Patrick M. Covey sold 50,756 shares for $1.40 million and CFO Joseph R. Paul sold 26,816 shares for $740,122, both at $27.60 per share in mid-April 2026.
• EVP Doyle James Edgar sold 40,000 shares for $1.10 million at the same price, contributing to $3.24 million in total insider sales by executives.
• Concurrently, Silver Point Capital purchased 410,000 shares for $37.1 million, signaling strong institutional confidence.
• Other insiders, including the Chief Investment Officer and General Counsel, made small open-market purchases totaling ~$52,000.
• Multiple insiders also received share grants valued at approximately $125,000 in aggregate, which are non-cash events.

Financial Impact

$3.24 million in executive sales offset by $37.1 million institutional purchase and minor insider buying

Risk Factors

• Executive selling by CEO and CFO may signal lack of confidence in near-term prospects.
• Despite institutional buying, concentrated insider selling could pressure sentiment ahead of earnings or strategic announcements.

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

US Market Status