Form 4: Waste Connections Inc. Executive Cloninger Reports Share Transactions
SEC Form 4 Filing
Robert Michael Cloninger, a Senior VP at Waste Connections, reports the vesting of restricted share units and subsequent share transactions.
Summary
- Robert Michael Cloninger, a Senior VP at Waste Connections, Inc., reported transactions involving common shares and restricted share units on February 19, 2025.
- 671 restricted share units vested and were converted into common shares.
- 265 shares were withheld by the issuer to satisfy tax obligations at a price of $187.82 per share.
- Following these transactions, Cloninger directly owns 14,743 common shares.
Sentiment
Score: 5
Explanation: This is a routine insider transaction report, indicating neither positive nor negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend in the waste management industry.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/19/2021 | Date the restricted share units were awarded, vesting in four equal annual installments. |
| 02/19/2025 | Date of the reported transactions: vesting of restricted share units and tax withholding. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Waste Connections Inc., Robert Michael Cloninger, Form 4, Insider Trading, Restricted Share Units, Common Shares, Vesting, Tax Withholding
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