Director at Waste Connections (NYSE: WCN) reports RSU grants and tax withholdings
Rhea-AI Filing Summary
Waste Connections, Inc. director Jordan Elise Lipman reported equity compensation activity involving restricted share units and common shares. On February 13, 2026, she received grants of 435 and 687 restricted share units, each representing the right to receive one common share, with vesting scheduled 50% immediately and 50% on the first anniversary of the award date.
On February 13 and 14, 2026, restricted share units vested and were converted into 344 and 279 common shares, respectively, at a stated price of $0.0000 per share. To cover withholding taxes on these vestings, 185 and 150 common shares were withheld at $160.2683 per share, as noted in the tax-withholding disposition footnote. After these transactions, she held 3,224 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 279 | $0.00 | -- |
| Exercise | Common Shares | 279 | $0.00 | -- |
| Tax Withholding | Common Shares | 150 | $160.2683 | $24K |
| Grant/Award | Restricted Share Units | 435 | $0.00 | -- |
| Grant/Award | Restricted Share Units | 687 | $0.00 | -- |
| Exercise | Restricted Share Units | 344 | $0.00 | -- |
| Exercise | Common Shares | 344 | $0.00 | -- |
| Tax Withholding | Common Shares | 185 | $160.2683 | $30K |
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. For purposes of this disclosure, Canadian dollar amounts have been converted to U.S. dollars. CAN $218.26 = US $160.2683 One Deferred Share Unit is the economic equivalent of one common share of the Issuer. Deferred Share Units will be settled in cash, common shares, or a combination thereof, at the sole discretion of the Issuer, and distributed to the reporting person upon such person's retirement and generally do not expire. Each restricted share unit represents a contingent right to receive one share of the Issuer's common shares. Subject to the reporting person's continued service with the Issuer, the award shall vest 50% immediately on the award date and 50% on the first anniversary of the award date. Represents the conversion upon vesting of restricted share units into common shares of the Issuer. The restricted share units were awarded on February 13, 2026 and have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date. 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 have a vesting schedule of 50% immediately and 50% on the first anniversary of the award date.