AI assistant
CASELLA WASTE SYSTEMS INC — Director's Dealing 2024
Mar 14, 2024
30945_dirs_2024-03-14_30da081e-abbb-4c17-8eea-de81c58fa3a7.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CASELLA WASTE SYSTEMS INC (CWST)
CIK: 0000911177
Period of Report: 2024-03-12
Reporting Person: Drohan Kevin (VP & CHIEF ACCOUNTING OFFICER)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-12 | Class A Common Stock | A | 533 | — | Acquired | 3282 | Direct |
| 2024-03-13 | Class A Common Stock | S | 173 | $94.23 | Disposed | 3109 | Direct |
Footnotes
F1: Represents the award of Restricted Stock Units (RSUs) under the Casella Waste Systems, Inc. 2016 Incentive Plan. Each RSU represents a contingent right to receive one share of Casella's Class A Common Stock. RSUs vest in three equal annual installments beginning on March 12, 2025.
F2: Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the reporting person. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on May 19, 2022 and August 2, 2023 and does not represent a discretionary sale by the reporting person.
F3: Represents the weighted average sales price for shares sold in multiple transactions, ranging from $94.23 to $94.28. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.