Coletta Edmond 4
4 · CASELLA WASTE SYSTEMS INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Casella Waste (CWST) CEO Coletta Edmond Receives RSUs, Sells Shares
What Happened Coletta Edmond, President & CEO of Casella Waste Systems (CWST), was awarded 6,892 restricted stock units (RSUs) on March 12, 2026 and also sold a total of 1,365 shares in two open‑market transactions: 377 shares on March 12 at $89.80 each ($33,855) and 988 shares on March 16 at $87.81 each ($86,756), totaling approximately $120,611. The RSU award has no immediate cash value (reported at $0) and is a grant of contingent rights to shares.
Key Details
- Transactions: Grant (RSU) on 2026-03-12: 6,892 RSUs (reported $0); Sales: 2026-03-12 — 377 shares @ $89.80 = $33,855; 2026-03-16 — 988 shares @ $87.81 = $86,756.
- Total shares sold: 1,365; total proceeds ≈ $120,611.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote F1: RSUs granted under the 2016 Incentive Plan; each RSU converts to one share upon vesting. RSUs vest in three equal annual installments beginning March 12, 2027.
- Footnote F2: The sales were "sell‑to‑cover" transactions to satisfy tax withholding on vesting RSUs, effected under an automatic sell‑to‑cover instruction adopted Aug 2, 2023 — not discretionary sales by the reporting person.
- Filing: Period of report 2026-03-12; Form filed 2026-03-16 (within the two business‑day Form 4 deadline).
Context These transactions combine a standard executive equity grant (RSUs that vest over time) with routine sell‑to‑cover sales to satisfy tax withholding obligations. Sell‑to‑cover transactions are common and generally reflect tax logistics rather than a personal decision to divest. There was no open‑market purchase or options exercise reported in this filing.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-12+6,892→ 153,983 total - Sale
Class A Common Stock
[F2]2026-03-12$89.80/sh−377$33,855→ 153,606 total - Sale
Class A Common Stock
[F2]2026-03-16$87.81/sh−988$86,756→ 152,618 total
Footnotes (2)
- [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. RSUs vest in three equal annual installments beginning on March 12, 2027.
- [F2]Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the reporting person. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on August 2, 2023 and does not represent a discretionary sale by the reporting person.