Filing Details

Accession Number:
0000911177-24-000023
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-29 16:35:27
Reporting Period:
2024-02-27
Accepted Time:
2024-02-29 16:35:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
911177 Casella Waste Systems Inc CWST Refuse Systems (4953) 030338873
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1055352 W John Casella C/O Casella Waste Systems
25 Greens Hill Lane
Rutland VT 05701
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-02-27 40,803 $0.00 52,102 No 4 A Direct
Class A Common Stock Disposition 2024-02-28 20,300 $90.27 31,802 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 694 Indirect By Spouse
Class B Common Stock 166,000 Direct
Class B Common Stock 137,000 Indirect by SLAT 2
Class B Common Stock 134,000 Indirect By SLAT
Class B Common Stock 57,100 Indirect By Spouse
Footnotes
  1. Represents shares of Class A Common Stock acquired by the reporting person upon the vesting of performance-based stock units (PSUs) granted to the reporting person on March 12, 2021, as a result of the level of achievement by the issuer of certain performance objectives during the period running from January 1, 2023 through December 31, 2023, and a multiplier based on relative total shareholder return for the period running from January 1, 2021 to December 31, 2023, as certified by the issuer's compensation and human capital committee on February 27, 2024.
  2. 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 PSUs previously granted to the reporting person on March 12, 2021. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on August 23, 2021 and does not represent a discretionary sale by the reporting person.
  3. Represents the weighted average sales price for shares sold in multiple transactions, ranging from $90.09 to $90.88. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
  4. Held by Mr. Casella's spouse. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.
  5. Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of the SLAT 2.
  6. Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella's spouse ("SLAT"). Mr. Casella's spouse is the trustee of the SLAT. Mr. Casella disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest in such securities.