Form 4: Waste Connections Director Andrea Bertone Reports Share Transactions
SEC Form 4 Filing
Director Andrea Bertone reports acquisition and disposal of Waste Connections, Inc. shares and share units related to vesting and tax obligations.
Summary
- Andrea Bertone, a director of Waste Connections, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 14, 2025, Bertone acquired 280 common shares upon conversion of restricted share units and disposed of 150 shares to cover withholding taxes.
- Following these transactions, Bertone directly owns 130 common shares.
- On February 16, 2025, Bertone acquired 331 common shares upon conversion of restricted share units and disposed of 178 shares to cover withholding taxes.
- Following these transactions, Bertone directly owns 283 common shares.
- Bertone also acquired 355 deferred share units and 559 restricted share units on February 14, 2025.
- Some restricted share units vest 50% immediately and 50% on the first anniversary of the award date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common for directors and officers of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Date of award for some restricted share units, vesting 50% immediately and 50% on the first anniversary. |
| 02/14/2025 | Date of transaction: Acquisition of common shares and share units, disposal of shares for tax obligations. |
| 02/16/2025 | Date of transaction: Acquisition of common shares and disposal of shares for tax obligations. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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