Form 4: Waste Connections Executive Robert Nielsen III Reports Stock Transactions
SEC Form 4
Robert Nielsen III, Senior VP of Operations at Waste Connections, reports the vesting of restricted share units and subsequent tax withholding.
Summary
- Robert Nielsen III, a Senior VP of Operations at Waste Connections, Inc., filed a Form 4 on February 21, 2025.
- The report details transactions that occurred on February 19, 2025.
- These transactions involve the vesting of 977 restricted share units, which converted into common shares.
- Waste Connections withheld 385 shares to cover applicable withholding taxes at a price of $187.82 per share.
- Following these transactions, Nielsen directly owns 6,223 common shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices; therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices at Waste Connections.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously awarded compensation.
Key Dates
| Date | Description |
|---|---|
| 02/19/2021 | Restricted share units were awarded and vest in four equal annual installments. |
| 02/19/2025 | Vesting of restricted share units and tax withholding. |
| 02/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Waste Connections, Robert Nielsen III, Stock transaction, Restricted Share Units, Tax withholding, WCN, Insider Trading
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