Form 4: Waste Connections Executive Exercises and Disposes of Shares to Cover Tax Obligations
SEC Form 4
Susan Netherton, SR VP of People, Training & Dev at Waste Connections, Inc., reports exercising restricted share units and disposing of shares to cover withholding taxes.
Summary
- On February 19, 2025, Susan Netherton, SR VP of People, Training & Dev at Waste Connections, Inc., exercised 728 restricted share units, converting them into common shares.
- Simultaneously, Ms. Netherton disposed of 287 common shares at a price of $187.82 to satisfy withholding tax obligations related to the vesting of the restricted share units.
- Following these transactions, Ms. Netherton beneficially owns 13,226 common shares.
Sentiment
Score: 7
Explanation: The document reflects standard executive compensation practices and compliance with SEC regulations. There is nothing inherently positive or negative, but the transparency is generally viewed favorably.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/19/2021 | Date restricted share units were awarded, vesting in four equal annual installments. |
| 02/19/2025 | Date of transaction: exercise of restricted share units and disposal of shares for tax obligations. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Waste Connections, Inc., Susan Netherton, Form 4, Restricted Share Units, Common Shares, Beneficial Ownership, Insider Trading, Tax Withholding
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