Form 4: Waste Connections Executive Rivard Exercises Stock Options, Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Philip Rivard, Senior VP of Business Development at Waste Connections, Inc., executed stock options and disposed of shares to cover tax obligations on February 19, 2025.
Summary
- On February 19, 2025, Philip Rivard, Senior VP of Business Development at Waste Connections, Inc., exercised restricted share units, converting them into 786 common shares.
- Rivard also disposed of 310 common shares to satisfy tax withholding obligations at a price of $187.82 per share.
- Following these transactions, Rivard directly owns 5,062 common shares of Waste Connections, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
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. |
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