Form 4: Waste Connections Executive Vice President Exercises Stock Options, Disposes of Shares for Tax Obligations

Sentiment:

SEC Form 4


Mary Anne Whitney, Executive Vice President & CFO of Waste Connections, Inc., exercised stock options and disposed of shares to cover tax obligations on February 19, 2025.

Summary

  • On February 19, 2025, Mary Anne Whitney, Executive Vice President & CFO of Waste Connections, Inc., exercised restricted share units, converting them into 1,616 common shares.
  • Simultaneously, she disposed of 636 common shares at a price of $187.82 to satisfy tax withholding obligations related to the vesting of the restricted share units.
  • Following these transactions, Whitney directly owns 55,941 common shares of Waste Connections, Inc.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves a small number of shares relative to the company's total outstanding shares.

Key Dates

DateDescription
02/19/2021Date restricted share units were awarded, vesting in four equal annual installments.
02/19/2025Date of transaction: exercise of restricted share units and disposal of shares for tax obligations.
02/21/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.