Casella Waste Systems (CWST) director granted 1,793 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sova Gary reported acquisition or exercise transactions in this Form 4 filing.
Casella Waste Systems director Gary Sova received an equity award in the form of restricted stock units. He was granted 1,793 RSUs tied to Class A Common Stock at a reference price of $83.65 per share. Each RSU represents the right to receive one share if vesting conditions are met.
The RSUs will vest in full on June 4, 2027, aligning his compensation with the company’s long-term performance. After this award, Sova holds 8,204 shares of Casella Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sova Gary
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,793 | $83.65 | $150K |
Holdings After Transaction:
Class A Common Stock — 8,204 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,793 RSUs
Reference price per share: $83.65 per share
Shares after transaction: 8,204 shares
+1 more
4 metrics
RSUs granted
1,793 RSUs
Award of restricted stock units to director Gary Sova
Reference price per share
$83.65 per share
Price associated with RSU grant
Shares after transaction
8,204 shares
Total Class A Common Stock held directly after award
RSU vesting date
June 4, 2027
Date RSUs vest in full
Key Terms
restricted stock units (RSUs), Amended and Restated 2016 Incentive Plan, Class A Common Stock
3 terms
restricted stock units (RSUs) financial
"Represents the award of restricted stock units (RSUs) under the Casella Waste Systems, Inc. Amended and Restated 2016 Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Amended and Restated 2016 Incentive Plan financial
"Represents the award of restricted stock units (RSUs) under the Casella Waste Systems, Inc. Amended and Restated 2016 Incentive Plan."
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of Casella's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Casella Waste Systems (CWST) report for Gary Sova?
Casella Waste Systems reported that director Gary Sova received 1,793 restricted stock units (RSUs) tied to Class A Common Stock. This is a compensation-related equity award rather than an open-market stock purchase or sale.
When do Gary Sova’s Casella Waste Systems (CWST) RSUs vest?
Gary Sova’s 1,793 restricted stock units will vest in full on June 4, 2027. Once vested, each RSU entitles him to receive one share of Casella’s Class A Common Stock, subject to plan terms.
What type of security was granted to Gary Sova by Casella Waste Systems (CWST)?
Gary Sova was granted restricted stock units (RSUs) under the Casella Waste Systems, Inc. Amended and Restated 2016 Incentive Plan. Each RSU is a contingent right to receive one share of Class A Common Stock upon vesting.
Was Gary Sova’s Casella Waste Systems (CWST) transaction a stock purchase or sale?
The transaction was not an open-market purchase or sale. It was an acquisition of 1,793 restricted stock units as a grant or award under Casella Waste Systems’ 2016 Incentive Plan, reflected with transaction code “A”.