Battles Michael Louis 4

What Happened

• Michael Louis Battles, a director of Casella Waste Systems, Inc. (CWST), received an award of 1,793 restricted stock units (RSUs) on 2026-06-04. The grant is reported at $83.65 per share, for a total grant value of $149,984. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date and filing: transaction dated 2026-06-04; Form 4 filed 2026-06-05 (timely).
• Grant size and value: 1,793 RSUs at $83.65 per share — total reported value $149,984.
• Vesting: RSUs vest in full on June 4, 2027 (per footnote). Each RSU represents a contingent right to one share upon vesting.
• Shares owned after transaction: not disclosed in the provided excerpt.
• Transaction type/code: Award/Grant (A). No 10b5-1 plan, tax-withholding, or late-filing notes were provided.

Context

• RSU grants are a form of compensation: they represent a future right to receive shares if vesting conditions are met, and are different from an open-market purchase (they do not by themselves indicate a direct personal cash investment). Investors typically treat compensation awards as routine corporate governance/compensation events rather than immediate insider buying or selling signals.