Form 4: Waste Connections Director Susan Lee Reports Share Transactions
SEC Form 4
Director Susan Lee reports acquisition and disposal of Waste Connections shares and share units related to vesting and tax obligations.
Summary
- On February 14, 2025, Susan Lee, a director of Waste Connections, Inc., acquired 280 common shares upon the vesting of restricted share units and disposed of 150 shares to cover withholding taxes.
- Following these transactions, Lee directly owns 11,763 common shares.
- On February 16, 2025, Lee acquired 331 common shares upon the vesting of restricted share units and disposed of 178 shares to cover withholding taxes.
- Following these transactions, Lee directly owns 11,916 common shares.
- Lee also acquired 355 deferred share units and 559 restricted share units on February 14, 2025.
- The restricted share units vest 50% immediately and 50% on the first anniversary of the award date.
Sentiment
Score: 7
Explanation: The document reflects routine transactions related to executive compensation. It's neutral in sentiment as it simply reports required information.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Date of award of restricted share units that vest 50% immediately and 50% on the first anniversary of the award date. |
| 02/14/2025 | Acquisition of 280 common shares upon vesting of restricted share units; disposal of 150 shares for tax withholding; acquisition of 355 deferred share units and 559 restricted share units. |
| 02/16/2025 | Acquisition of 331 common shares upon vesting of restricted share units; disposal of 178 shares for tax withholding. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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