MITTELSTAEDT RONALD J 4
4 · Waste Connections, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Waste Connections CEO Ronald Mittelstaedt Receives 878 RSU Shares
What Happened
Ronald J. Mittelstaedt, President & CEO and a director of Waste Connections, had 878 restricted share units convert into common shares on February 18, 2026 (reported on a Form 4 filed Feb 20, 2026). Of those 878 shares, 346 were withheld by the issuer to satisfy applicable taxes at $162.76 per share, totaling $56,315. The conversion is a vesting event (not an open-market buy or sell).
Key Details
- Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely filing).
- Conversion (code M): 878 shares issued upon RSU vesting at $0 exercise price.
- Tax withholding (code F): 346 shares withheld/disposed at $162.76 per share = $56,315.
- Footnote F1: Withheld shares satisfy applicable withholding taxes.
- Footnote F2: These RSUs were awarded Feb 18, 2022 and vest in four equal annual installments; this report covers the conversion of that installment.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This was a routine vesting/conversion of RSUs into common stock followed by withholding to cover taxes (a cashless-like settlement for tax purposes). Such transactions reflect compensation vesting rather than a manager buying or selling stock for investment reasons.
Insider Transaction Report
- Exercise/Conversion
Common Shares
2026-02-18+878→ 251,363 total - Tax Payment
Common Shares
[F1]2026-02-18$162.76/sh−346$56,315→ 251,017 total - Exercise/Conversion
Restricted Share Units
[F2]2026-02-18−878→ 0 totalExercise: $0.00→ Common Shares (878 underlying)
Footnotes (2)
- [F1]Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares.
- [F2]Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 18, 2022 and vest in four equal annual installments. The common shares are reported in Table 1.