Shelley E. Sayward - 12 Mar 2025 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Signature
/s/ Shelley E. Sayward
Issuer symbol
CWST
Transactions as of
12 Mar 2025
Net transactions value
-$62,040
Form type
4
Filing time
14 Mar 2025, 16:12:27 UTC
Previous filing
03 Mar 2025
Next filing
02 Mar 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Award $0 +1,070 +4.5% $0.000000 24,786 12 Mar 2025 Direct F1
transaction CWST Class A Common Stock Sale $23,001 -215 -0.87% $106.98 24,571 12 Mar 2025 Direct F2
transaction CWST Class A Common Stock Sale $17,626 -166 -0.68% $106.18 24,405 12 Mar 2025 Direct F3
transaction CWST Class A Common Stock Sale $21,414 -206 -0.84% $103.95 24,199 13 Mar 2025 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the award of Restricted Stock Units (RSUs) under the Casella Waste Systems, Inc. Amended and Restated 2016 Incentive Plan. Each RSU represents a contingent right to receive one share of Casella's Class A Common Stock. RSUs vest in three equal annual installments beginning on March 12, 2026.
F2 Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the reporting person. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on August 2, 2023 and does not represent a discretionary sale by the reporting person.
F3 Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the reporting person. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on May 12, 2022 and does not represent a discretionary sale by the reporting person.
F4 Represents the weighted average sales price for shares sold in multiple transactions, ranging from $103.94 to $103.99. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.