HANSEN ERIC 4

4 · Waste Connections, Inc. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Waste Connections (WCN) SVP/CIO Eric Hansen Receives RSU Shares

What Happened

Eric Hansen, Senior Vice President and Chief Investment Officer of Waste Connections (WCN), had 754 restricted share units (RSUs) convert into common shares on Feb 18, 2026. The conversion price was $0.00 (these were vested awards, not purchased). The issuer withheld 297 of the newly issued shares to cover withholding taxes valued at $162.76 each, totaling approximately $48,340. Net shares delivered to Hansen were 457 (754 converted minus 297 withheld).

Key Details

Transaction date: 2026-02-18; filing date: 2026-02-20 (filed two days after the transaction; appears timely).
Conversion/derivative code: M (conversion of RSUs into common shares at $0.00).
Tax withholding code: F (297 shares withheld at $162.76/share → ~$48,340).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Relevant footnotes:
- F1: Shares were withheld by the issuer to satisfy applicable withholding taxes.
- F2: These shares are the vesting/conversion of RSUs awarded on Feb 18, 2022 that vest in four equal annual installments.

Context

This was a routine vesting of long-term compensation (RSUs), not an open-market purchase or sale. The withholding of shares to cover taxes is a common, administrative step and does not necessarily indicate a change in insider sentiment. The net result increased Hansen’s direct holdings by 457 shares.

Form 4

Period: 2026-02-18

Senior Vice President and CIO

Transactions

Exercise/Conversion
Common Shares
2026-02-18+754→ 19,647 total
Tax Payment
Common Shares
[F1]
2026-02-18$162.76/sh−297$48,340→ 19,350 total
Exercise/Conversion
Restricted Share Units
[F2]
2026-02-18−754→ 0 total
Exercise: $0.00→ Common Shares (754 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.

Signature

Eric Hansen|2026-02-20

1 file