Coletta Edmond 4
Research Summary
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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.