Waste Connections (WCN) officer acquires shares via 2020 ESPP

Rhea-AI Filing Summary

Waste Connections, Inc. reported an insider share purchase by an officer. Aaron Bradley, Senior Vice President of Performance Optimization, acquired 36 common shares of Waste Connections on December 31, 2025 at a price of $166.59 per share through the company’s 2020 Employee Share Purchase Plan. The filing states these shares were bought for the offering period from July 1, 2025 to December 31, 2025 at 95% of the New York Stock Exchange closing price on December 31, 2025, as provided under the plan. After this transaction, Bradley beneficially owns 6,280 common shares, held directly.

SEC Form 4

FORM 4

UNITED 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
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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^*

BRADLEY AARON

(Last) (First) (Middle)

3 WATERWAY SQUARE PLACE

SUITE 110

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Waste Connections, Inc. [ WCN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SR VP PERFORMANCE OPTIMIZATION

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	12/31/2025		J(1)		36	A	$166.59	6,280	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were acquired under the Waste Connections, Inc. 2020 Employee Share Purchase Plan ("ESPP"), for the offering period of July 1, 2025 to December 31, 2025. In accordance with the ESPP, these shares were acquired at a price equal to 95% of the closing price of the shares on the New York Stock Exchange on December 31, 2025.

Remarks:

	Aaron Bradley	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Waste Connections (WCN) report in this Form 4?

The filing reports that Aaron Bradley, Senior Vice President of Performance Optimization at Waste Connections, Inc., acquired 36 common shares of the company on December 31, 2025 under the 2020 Employee Share Purchase Plan.

At what price were the Waste Connections (WCN) shares acquired by the insider?

The 36 common shares were acquired at a price of $166.59 per share, in accordance with the 2020 Employee Share Purchase Plan.

How many Waste Connections (WCN) shares does the reporting person own after this transaction?

Following the reported transaction, Aaron Bradley beneficially owns 6,280 common shares of Waste Connections, Inc., held directly.

What plan was used for the reported Waste Connections (WCN) share purchase?

The shares were acquired under the Waste Connections, Inc. 2020 Employee Share Purchase Plan (ESPP) for the offering period from July 1, 2025 to December 31, 2025.

How is the purchase price determined under the Waste Connections (WCN) 2020 ESPP?

The filing states that, under the ESPP, shares were acquired at a price equal to 95% of the closing price on the New York Stock Exchange on December 31, 2025.

What is Aaron Bradley’s role at Waste Connections (WCN)?

Aaron Bradley is identified as an officer of Waste Connections, Inc., holding the title Senior Vice President, Performance Optimization.