Casella Waste SEC Filings

The Vanguard Group filed an amended Schedule 13G reporting its beneficial ownership of Casella Waste Systems Inc common stock. Vanguard reports holding 6,574,893 shares, representing 10.51% of the outstanding common stock as of 12/31/2025. Vanguard has no sole voting power over these shares but shares voting power over 444,249 shares, while holding sole dispositive power over 6,052,403 shares and shared dispositive power over 522,490 shares. Vanguard certifies that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Casella.

Casella Waste Systems (CWST) reported an insider transaction by Executive VP and CFO Bradford Helgeson. On 11/07/2025, he sold 262 shares of Class A common stock at $87.65 per share in a sell-to-cover for tax withholding tied to vested RSUs. This sale was executed under an automatic sell-to-cover instruction adopted on November 16, 2023 and was not a discretionary sale. Following the transaction, he beneficially owns 4,991 shares, held directly.

Casella Waste Systems (CWST): Director reports charitable gift

A company director reported a gift of 1,130 shares of Class A Common Stock on 11/05/2025 at a price of $0 (transaction code G). The footnote states the shares were donated to the Nagle-Green Charitable Fund at Fidelity. Following the transaction, the director beneficially owns 15,709 shares directly and 5,647 shares indirectly through the Jack Calvin Green Unelected Trust, where the director is a trustee and beneficiary.

Casella Waste Systems (CWST) director filed a Form 4 reporting the sale of 1,116 shares of Class A Common Stock on November 4, 2025 at $89.38 per share.

After the reported transaction, the insider beneficially owned 16,839 shares directly and 5,647 shares indirectly through the Jack Calvin Green Unelected Trust, where the reporting person is a trustee and beneficiary.

Casella Waste Systems (CWST) reported stronger Q3 results. Revenue rose to $485.3 million from $411.6 million, driven by higher collection revenue across the Eastern, Western, and Mid-Atlantic regions and growth in Resource Solutions. Operating income increased to $29.4 million from $24.4 million. Net income was $10.0 million versus $5.8 million, with diluted EPS of $0.16 versus $0.10.

For the nine months, revenue reached $1.37 billion versus $1.13 billion, while operating income was $51.8 million versus $54.2 million. Cash flow from operations improved to $233.2 million. The company invested $217.5 million in acquisitions (eight businesses) and $187.8 million in property and equipment, reflecting continued expansion. Goodwill rose to $1.12 billion, and intangible assets, net, were $308.9 million.

Debt was $1.15 billion (principal) with $800 million under the Term Loan Facility and $273.5 million of tax‑exempt bonds; $673.4 million remained available on the revolver. Shares outstanding as of October 15, 2025 were 62,505,316 Class A and 988,200 Class B.

Casella Waste Systems (CWST) reported that it issued a press release announcing financial results for the third quarter ended September 30, 2025. The release is furnished as Exhibit 99.1 under Item 2.02 of an 8-K dated October 30, 2025. The information in Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act.

Casella Waste Systems, Inc. closed the remarketing of $37.5 million of New York State Environmental Facilities Corporation solid waste disposal revenue bonds that were originally issued in 2020 and mature in 2050. The remarketed bonds now carry a fixed interest rate of 4.250% per year for a rate period ending September 2, 2030. On the same date, the company also redeemed $2.5 million principal amount of these bonds using cash on hand.

The remarketed bonds remain tax-exempt and are guaranteed by substantially all of the company’s subsidiaries under an amended and restated guaranty that has been reaffirmed. The filing explains that if the company breaches certain covenants or tax representations, interest on the remarketed bonds could become taxable and the bonds would be subject to mandatory redemption at 100% of principal plus accrued interest.

Casella Waste Systems, Inc. reported that it has priced the previously announced remarketing of $37.5 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds, Series 2020R-1. These Bonds were originally issued in the aggregate principal amount of $40.0 million and have a final maturity of September 1, 2050.

The Company expects to redeem $2.5 million of the Bonds on September 2, 2025 using cash on hand, with the remaining $37.5 million to be remarketed on that date at a new interest rate of 4.250% per annum for a period ending September 2, 2030. The Bonds are guaranteed by substantially all subsidiaries, and are payable solely from amounts received from the Company and the guarantors, not from the general credit of the Issuer or the State of New York.

The remarketed Bonds will be offered only to qualified institutional buyers under Rule 144A, will not be registered under the Securities Act, and may only be sold pursuant to an exemption from registration. The Company cautions that completion of the redemption and remarketing is subject to market conditions, consents and other closing conditions, and may not occur as expected.

Casella Waste Systems, Inc. filed an Form 8-K reporting that planned remarketing or redemption of certain bonds may not be completed as expected. The company warns it cannot guarantee that the remarketing or redemption will occur, that bond proceeds will be available, or that proceeds will be applied as intended.

The filing identifies key risks that could prevent completion, including market conditions, the need to obtain all required consents, and satisfaction of other closing conditions. The company directs readers to its risk disclosures in filings for the fiscal year ended December 31, 2024 and states it undertakes no obligation to update forward-looking statements except as required by law.