Equity awards and tax-withholding share disposals for Waste Connections (WCN) SVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Waste Connections, Inc. senior vice president Aaron Bradley reported multiple equity compensation transactions, mainly from restricted share units (RSUs) vesting into common shares and related tax withholding.
On February 13, 2026, he received two RSU awards of 2,228 and 2,227 units that vest over four years, including a performance-based grant whose payout can range from 0% to 250% of target, with a maximum of 5,567 units depending on performance goals.
On February 14–17, 2026, several RSU tranches granted in prior years vested and converted into common shares, increasing his direct holdings through derivative exercises at a stated price of $0.00 per share. To satisfy withholding taxes on these vestings, the issuer retained blocks of common shares, disposing of 207, 163, 163, and 908 shares at per‑share prices of $160.26 or $161.28. After these transactions, Bradley continued to hold common shares directly, with reported balances updated in the filing for each date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,555 shares exercised/converted
Mixed
14 txns
Insider
BRADLEY AARON
Role
SR VP PERFORMANCE OPTIMIZATION
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 413 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,306 | $0.00 | -- |
| Exercise | Common Shares | 2,306 | $0.00 | -- |
| Tax Withholding | Common Shares | 908 | $161.28 | $146K |
| Exercise | Common Shares | 413 | $0.00 | -- |
| Tax Withholding | Common Shares | 163 | $161.28 | $26K |
| Exercise | Restricted Share Units | 373 | $0.00 | -- |
| Exercise | Common Shares | 373 | $0.00 | -- |
| Tax Withholding | Common Shares | 163 | $160.26 | $26K |
| Exercise | Restricted Shares Units | 463 | $0.00 | -- |
| Exercise | Common Shares | 463 | $0.00 | -- |
| Tax Withholding | Common Shares | 207 | $160.26 | $33K |
| Grant/Award | Restricted Share Units | 2,228 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 2,227 | $0.00 | -- |
Holdings After Transaction:
Restricted Share Units — 413 shares (Direct);
Common Shares — 9,052 shares (Direct);
Restricted Shares Units — 1,389 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer in satisfaction of the applicable withholding taxes due in connection with the vesting of restricted share units and delivery of the converted common shares. Represents an award of restricted share units. The award shall vest 25% per year over a four-year period following the date of grant. Represents an award of performance-based restricted share units. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, the number of units that actually vest at the end of the three-year performance period will be 0% to 250% of the scheduled amount, depending on the extent to which the Issuer meets or exceeds certain performance goals at the end of each year during the performance period. The maximum number of units that may vest at the end of the three-year performance period is 5,567 (250% of the target number). Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 14, 2025 and vest in four equal annual installments. The common shares are reported in Table 1. Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 16, 2024 and vest in four equal annual installments. The common shares are reported in Table 1. Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 17, 2023 and vest in four equal annual installments. The common shares are reported in Table 1. Represents the conversion upon vesting of a performance-based restricted share unit award into common shares of the Issuer. The award was granted on February 17, 2023 and contained performance goals that the Issuer achieved over the three-year performance period from January 1, 2023 to December 31, 2025. The number of earned award units that vested at the end of the three-year performance period, as determined by the Compensation Committee of the Issuer's Board of Directors, was 139.5% of the target number of shares subject to the award. The common shares are reported on Table 1.
FAQ
What insider transactions did Waste Connections (WCN) report for Aaron Bradley?
Aaron Bradley reported multiple equity compensation transactions, including vesting of restricted share units into common shares and related tax withholding dispositions. These events occurred between February 13 and 17, 2026, updating his direct ownership in Waste Connections common shares as RSUs converted and taxes were settled.
How do Aaron Bradley’s performance-based RSUs at Waste Connections (WCN) work?
The performance-based RSU award uses a three‑year performance period from January 1, 2023 to December 31, 2025. Depending on Waste Connections’ achievement of preset goals, 0% to 250% of the target units may vest, with a maximum of 5,567 units if top performance conditions are fully met.