Form 4: Waste Connections Executive Philip Rivard Reports Stock Transactions

Philip Rivard, Senior VP of Business Development at Waste Connections, reports the acquisition and disposal of common shares and restricted share units.

Summary

• Philip Rivard, a Senior VP at Waste Connections, filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• The reported transactions include the vesting and conversion of restricted share units into common shares.
• Shares were also withheld by the issuer to cover withholding taxes related to the vesting of these units.
• Rivard's transactions occurred between February 14, 2025, and February 18, 2025.
• The transactions involved both restricted share units and performance share units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive stock transactions and doesn't inherently indicate positive or negative sentiment.

Future Outlook

The restricted share units awarded on February 14, 2025, will vest 25% per year over a four-year period.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.

Key Dates

Keywords

Form 4, Waste Connections, Philip Rivard, Stock Transactions, Restricted Share Units, Common Shares, Beneficial Ownership, Vesting