CASELLA DOUGLAS R 4
4 · CASELLA WASTE SYSTEMS INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Casella Waste (CWST) Vice Chairman Douglas Casella Receives RSU Award
What Happened
Douglas R. Casella, Vice Chairman and director of Casella Waste Systems (CWST), was granted 1,793 restricted stock units (RSUs) on June 4, 2026. The grant is reported at $83.65 per share, for a reported grant value of $149,984. This was an award (not an open-market purchase or sale); the RSUs are a compensatory equity grant.
Key Details
- Transaction date: 2026-06-04 (reported in Form 4 filed 2026-06-05). Transaction code: A (award/grant).
- Shares awarded: 1,793 RSUs at $83.65 each; total reported value $149,984.
- Vesting: RSUs will vest in full on June 4, 2027 (Footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Notable footnotes: F1 explains these are RSUs under the 2016 Incentive Plan converting to one share per RSU at vesting. F2–F4 indicate certain holdings are held in spousal lifetime access trusts or by Mr. Casella’s spouse and that Mr. Casella disclaims beneficial ownership to the extent he lacks pecuniary interest.
- Filing timeliness: filed the next business day (no late filing indicated).
Context
RSUs are a common form of executive compensation and represent a contingent right to receive shares upon vesting; there is no immediate open-market purchase or sale and typically no change in marketable shares until vesting. This grant is a compensatory award (about $150k at grant price) and should be viewed as part of executive pay rather than an immediate bullish or bearish market signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-04$83.65/sh+1,793$149,984→ 106,641 total
- 129,000
Class B Common Stock
- 171,000(indirect: By SLAT)
Class B Common Stock
[F2] - 170,000(indirect: By SLAT 2)
Class B Common Stock
[F3] - 24,100(indirect: By Spouse)
Class B Common Stock
[F4]
Footnotes (4)
- [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. The RSUs will vest in full on June 4, 2027.
- [F2]Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella's spouse ("SLAT"). Mr. Casella's spouse is the trustee of the SLAT. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.
- [F3]Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of SLAT 2.
- [F4]Held by Mr. Casella's spouse. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.