Helgeson Bradford John 4
4 · CASELLA WASTE SYSTEMS INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Casella Waste (CWST) CFO Bradford Helgeson Receives RSUs, Sells Shares
What Happened
Bradford Helgeson, Executive Vice President and Chief Financial Officer of Casella Waste Systems (CWST), was granted 2,756 restricted stock units (RSUs) on March 12, 2026 (no cash paid). On March 16, 2026 he disposed of 405 shares in an open-market "sell-to-cover" transaction at $87.73 per share, yielding about $35,531 to satisfy tax withholding associated with RSU vesting. The RSU grant is an award (not an open-market purchase) and the sale was a routine tax-withholding sale rather than a discretionary sell for investment reasons.
Key Details
- Grant: 2,756 RSUs on 2026-03-12 (grant value shown as $0 cash); each RSU converts to one share upon vesting. (Footnote F1)
- Sale: 405 shares sold on 2026-03-16 at $87.73, proceeds ≈ $35,531. (Footnote F2)
- Vesting: The newly awarded RSUs vest in three equal annual installments beginning March 12, 2027. (F1)
- Reason for sale: Sell-to-cover to satisfy tax withholding; executed under an automatic instruction adopted 11/16/2023 and not a discretionary sale by the insider. (F2)
- Shares owned after the transactions: not specified in the provided Form 4 excerpt.
- Filing timeliness: Form 4 filed 2026-03-16; transactions reported in the filing do not appear to be late.
Context
RSU awards are compensation and do not represent immediate ownership until they vest; sell-to-cover sales are common when RSUs vest and are typically used solely to pay taxes. Such withholding sales are routine and generally should not be interpreted as a directional bet on the company's stock by the insider.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-12+2,756→ 7,747 total - Sale
Class A Common Stock
[F2]2026-03-16$87.73/sh−405$35,531→ 7,342 total
Footnotes (2)
- [F1]Represents the award of Restricted Stock Units (RSUs) under the Casella Waste Systems, Inc. Amended and Restated 2016 Incentive Plan. Each RSU represents a contingent right to receive one share of Casella's Class A Common Stock. RSUs vest in three equal annual installments beginning on March 12, 2027.
- [F2]Represents the sale of shares of Class A Common Stock pursuant to a "sell-to-cover" transaction in order to satisfy tax withholding obligations in connection with the vesting of RSUs previously granted to the reporting person. This sale was effected pursuant to an automatic sell-to-cover instruction adopted by the reporting person on November 16, 2023 and does not represent a discretionary sale by the reporting person.