Coletta Edmond 4

What Happened

• Edmond Coletta, President of Casella Waste Systems (CWST), had 9,810 shares of Class A common stock issued on Feb 26, 2026 upon the vesting of performance-based stock units (PSUs). Those PSUs were granted March 10, 2023 and certified by the company’s compensation committee on Feb 26, 2026.
• On Feb 27, 2026 Coletta sold 3,812 shares in an open-market transaction at a weighted average price of $93.70, generating proceeds of about $357,184. The sale was a sell-to-cover to satisfy tax withholding tied to the PSU vesting, not a discretionary sale.

Key Details

• Transaction dates: PSU vesting/certification Feb 26, 2026; sale executed Feb 27, 2026; Form 4 filed Mar 2, 2026 (timely).
• Award/acquisition: 9,810 shares acquired at $0.00 (vesting of PSUs granted 3/10/2023).
• Sale: 3,812 shares disposed, weighted average price $93.70; sale price range $93.69–$93.86 (report notes per-share breakdown available on request).
• Purpose of sale: Sell-to-cover for tax withholding under an automatic instruction adopted Aug 2, 2023 (not a discretionary sale).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Filed on Mar 2, 2026 for a Feb 26, 2026 vesting — within the standard Form 4 reporting window.

Context

• The 9,810-share acquisition reflects vested PSUs tied to company performance (performance period Jan 1–Dec 31, 2025) and a relative total shareholder return multiplier (Jan 1, 2023–Dec 31, 2025).
• The sale was a routine tax-withholding transaction (F = tax withholding) rather than an indicator of a discretionary insider liquidity decision.