Paul Ligon - Mar 12, 2025 Form 4 Insider Report for CASELLA WASTE SYSTEMS INC (CWST)

Signature
/s/ Paul Ligon
Stock symbol
CWST
Transactions as of
Mar 12, 2025
Transactions value $
-$19,242
Form type
4
Date filed
3/14/2025, 04:14 PM
Previous filing
Mar 3, 2025
Next filing
Apr 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWST Class A Common Stock Award $0 +475 +2.15% $0.00 22.5K Mar 12, 2025 Direct F1
transaction CWST Class A Common Stock Sale -$5.77K -54 -0.24% $106.89 22.5K Mar 12, 2025 Direct F2, F3
transaction CWST Class A Common Stock Sale -$7.54K -71 -0.32% $106.18 22.4K Mar 12, 2025 Direct F4
transaction CWST Class A Common Stock Sale -$5.93K -57 -0.25% $104.06 22.3K Mar 13, 2025 Direct F2
holding CWST Class A Common Stock 27 Mar 12, 2025 By daughter
* 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 weighted average sales price for shares sold in multiple transactions, ranging from $106.88 to $106.90. 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.
F4 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 18, 2022 and does not represent a discretionary sale by the reporting person.