Waste Connections (NYSE: WCN) EVP & COO buys shares under ESPP

Rhea-AI Filing Summary

Waste Connections, Inc. executive Jason Craft, Executive Vice President & COO, reported a small share purchase under the company’s employee stock plan. On 12/31/2025, he acquired 43 common shares of Waste Connections at $166.59 per share through the Waste Connections, Inc. 2020 Employee Share Purchase Plan for the offering period from July 1, 2025 to December 31, 2025. Following this transaction, he beneficially owns 29,663 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

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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^*

CRAFT JASON

(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)
	Executive Vice President & COO

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)		43	A	$166.59	29,663	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:

	Jason Craft	01/05/2026
	** Signature of Reporting Person	Date
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.
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FAQ

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

The filing reports that Executive Vice President & COO Jason Craft acquired 43 common shares of Waste Connections, Inc. on 12/31/2025.

At what price did Jason Craft buy Waste Connections (WCN) shares?

Jason Craft acquired the 43 common shares at a price of $166.59 per share.

How many Waste Connections (WCN) shares does Jason Craft own after this transaction?

After the reported purchase, Jason Craft beneficially owns 29,663 common shares of Waste Connections, Inc., held directly.

What plan was used for Jason Craft’s 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 was the purchase price determined under the Waste Connections (WCN) ESPP?

Under the ESPP, the 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.

What is Jason Craft’s role at Waste Connections (WCN)?

Jason Craft is an Officer of Waste Connections, Inc., serving as Executive Vice President & COO.