STOCK TITAN

Casella Waste (CWST) vice chairman Douglas Casella sells 16,500 Class A shares

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Casella Waste Systems Inc. director and vice chairman Douglas R. Casella reported open-market sales of a total of 16,500 shares of Class A Common Stock over August 13–14, 2026, at weighted-average prices around $90.89–$91.12 per share, executed in multiple transactions within stated price ranges.

The filing also lists Class B Common Stock holdings of 129,000 shares held directly and additional indirect Class B positions including 171,000 shares held by a Spousal Lifetime Access Trust for his spouse, 170,000 shares held by a second trust for his benefit, and 24,100 shares held by his spouse, with Mr. Casella disclaiming beneficial ownership to the extent he lacks a pecuniary interest.

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Insider CASELLA DOUGLAS R
Role VICE CHAIRMAN, BD OF DIRECTORS
Sold 16,500 shs ($1.50M)
Type Security Shares Price Value
Sale Class A Common Stock F2 1,343 $91.12 $122K
Sale Class A Common Stock 1,838 $90.89 $167K
Sale Class A Common Stock F1 13,319 $91.07 $1.21M
holding Class B Common Stock -- -- --
holding Class B Common Stock F3 -- -- --
holding Class B Common Stock F4 -- -- --
holding Class B Common Stock F5 -- -- --
Holdings After Transaction: Class A Common Stock — 90,141 shares (Direct); Class B Common Stock — 129,000 shares (Direct); Class B Common Stock — 171,000 shares (Indirect, By SLAT); Class B Common Stock — 170,000 shares (Indirect, By SLAT 2); Class B Common Stock — 24,100 shares (Indirect, By Spouse)
Footnotes (5)
  1. F1. Represents the weighted average sales price for shares sold in multiple transactions, ranging from $91.00 to $91.23. 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.
  2. F2. Represents the weighted average sales price for shares sold in multiple transactions, ranging from $91.04 to $91.26. 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.
  3. F3. 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.
  4. F4. Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of SLAT 2.
  5. F5. 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.
Total shares sold 16,500 shares Aggregate Class A Common Stock sold on August 13–14, 2026
Sale on 2026-08-14 1,343 shares at $91.12 per share Open-market sale of Class A Common Stock
Sale on 2026-08-13 (1) 1,838 shares at $90.89 per share Open-market sale of Class A Common Stock
Sale on 2026-08-13 (2) 13,319 shares at $91.07 per share Open-market sale of Class A Common Stock, weighted average with trades $91.00–$91.23
Direct Class B holdings 129,000 shares Class B Common Stock held directly by Douglas R. Casella
Indirect Class B via SLAT 171,000 shares Held by Spousal Lifetime Access Trust for his spouse; beneficial ownership disclaimed in part
Indirect Class B via SLAT 2 170,000 shares Held by Spousal Lifetime Access Trust for the benefit of Mr. Casella
Indirect Class B via spouse 24,100 shares Held by Mr. Casella’s spouse; beneficial ownership disclaimed in part
weighted average sales price financial
"Represents the weighted average sales price for shares sold in multiple transactions"
Spousal Lifetime Access Trust financial
"Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella's spouse"
pecuniary interest financial
"disclaims beneficial ownership of the securities indicated to the extent to which he does not have an actual pecuniary interest"
beneficial ownership financial
"Mr. Casella disclaims beneficial ownership of the securities indicated"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What did Douglas R. Casella sell in the latest CWST Form 4?

Douglas R. Casella reported selling 16,500 shares of Casella Waste Systems Class A Common Stock in open-market transactions. The sales occurred on August 13–14, 2026 at weighted-average prices around the low $90 per-share range.

At what prices were the CWST shares sold by Douglas R. Casella?

The reported sales used weighted-average prices: about $91.07 and $91.12 per share, with individual trades ranging from $91.00–$91.26. These prices reflect multiple transactions aggregated into the disclosed averages.

How many CWST shares did Douglas R. Casella sell on each date?

On August 13, 2026, Douglas R. Casella sold 13,319 and 1,838 Class A shares in two transactions. On August 14, 2026, he sold an additional 1,343 Class A shares, for a total of 16,500 shares sold.

What Class B CWST holdings are reported for Douglas R. Casella?

Reported Class B Common Stock holdings include 129,000 shares held directly, plus indirect holdings of 171,000 shares in a SLAT for his spouse, 170,000 shares in a second SLAT for his benefit, and 24,100 shares held by his spouse.

Does Douglas R. Casella disclaim beneficial ownership of any CWST shares?

Yes. For shares held by the Spousal Lifetime Access Trust for his spouse and by his spouse directly, he disclaims beneficial ownership to the extent he does not have an actual pecuniary interest in those securities, as noted in the footnotes.

Were the CWST insider sales under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked as applicable, and the footnotes do not describe a trading plan. The reported open-market sales therefore are not identified as made under a 10b5-1 plan.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CASELLA DOUGLAS R

(Last)(First)(Middle)
C/O CASELLA WASTE SYSTEMS, INC.
25 GREENS HILL LANE

(Street)
RUTLAND VERMONT 05702

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CASELLA WASTE SYSTEMS INC [ CWST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
VICE CHAIRMAN, BD OF DIRECTORS
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock08/13/2026S1,838D$90.89104,803D
Class A Common Stock08/13/2026S13,319D$91.07(1)91,484D
Class A Common Stock08/14/2026S1,343D$91.12(2)90,141D
Class B Common Stock129,000D
Class B Common Stock171,000IBy SLAT(3)
Class B Common Stock170,000IBy SLAT 2(4)
Class B Common Stock24,100IBy Spouse(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents the weighted average sales price for shares sold in multiple transactions, ranging from $91.00 to $91.23. 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.
2. Represents the weighted average sales price for shares sold in multiple transactions, ranging from $91.04 to $91.26. 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.
3. 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.
4. Held by the Spousal Lifetime Access Trust for the benefit of Mr. Casella ("SLAT 2"). Mr. Casella is the trustee of SLAT 2.
5. 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.
Remarks:
/s/ Douglas R. Casella08/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)