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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

 

 

Current Report

Pursuant To Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 17, 2024

 

 

 

Waste Connections, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Ontario, Canada   1-34370   98-1202763

(State or other jurisdiction
of Incorporation)

 

(Commission File
Number)

 

(I.R.S. Employer
Identification No.)

 

6220 Hwy 7, Suite 600

Woodbridge

Ontario L4H 4G3

Canada

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (905) 532-7510

 

Not Applicable

(Former name or address, if changed since last report.)

 

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Shares, no par value WCN

New York Stock Exchange

Toronto Stock Exchange

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-(b))

 

  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

  

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

Waste Connections, Inc. (the “Company”) held its 2024 annual meeting of shareholders on May 17, 2024 (the “Meeting”).

 

The Company’s shareholders (the “Shareholders”) elected each of the eight nominees for director by the votes indicated below:

 

Nominee for Director:  Total Votes For:   Total Votes
Withheld:
   Total Broker
Non-Votes:
 
Andrea E. Bertone   214,920,820    7,078,922    7,409,417 
Edward E. “Ned” Guillet   211,975,139    10,024,603    7,409,417 
Michael W. Harlan   210,154,898    11,844,844    7,409,417 
Larry S. Hughes   220,948,973    1,050,769    7,409,417 
Elise L. Jordan   220,196,541    1,803,201    7,409,417 
Susan “Sue” Lee   220,260,734    1,739,008    7,409,417 
Ronald J. Mittelstaedt   218,197,830    3,801,912    7,409,417 
Carl D. Sparks   221,808,705    191,037    7,409,417 

 

The Shareholders approved on a non-binding, advisory basis the compensation of the Company’s named executive officers as disclosed in the Company’s management information circular and proxy statement in respect of the Meeting (“say on pay”), by the votes indicated below:

 

Total Votes For:   212,520,477 
Total Votes Against:   9,259,759 
Total Votes Abstained:   219,506 
Total Broker Non-Votes:   7,409,417 

 

The Shareholders approved the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for 2024 and authorized the Company’s Board of Directors to fix the auditor’s remuneration by the votes indicated below:

 

Total Votes For:   229,298,078 
Total Votes Withheld:   111,081 

 

Item 8.01. Other Events.

 

On May 17, 2024, the Company issued a press release announcing that the Shareholders had elected as the Company’s directors each of the nominees listed above under Item 5.07 at the Meeting. The press release announcing the election of the directors and related matters is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

 

 

  

Item 9.01. Financial Statements and Exhibits.

 

(d)       Exhibit.

 

99.1Press Release, dated May 17, 2024, issued by Waste Connections, Inc.

 

104The cover page of Waste Connections, Inc. on Current Report on Form 8-K formatted in Inline XBRL.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the U.S. Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 WASTE CONNECTIONS, INC.
    
Date: May 17, 2024BY: /s/ Mary Anne Whitney
   Mary Anne Whitney
   Executive Vice President and Chief Financial Officer

 

 

 

Exhibit 99.1

 

 

WASTE CONNECTIONS ANNUAL SHAREHOLDERS MEETING RESULTS

 

TORONTO, ONTARIO, May 17, 2024 – Waste Connections, Inc. (TSX/NYSE: WCN) (“Waste Connections” or the “Company”) today announced the results of its Annual Meeting of Shareholders (the “Meeting”). All eight director nominees in the Company’s 2024 management information circular and proxy statement were nominated at the Meeting and elected as directors of the Company. Each director will serve until the next annual meeting of shareholders or until his or her successor is duly elected or appointed.

 

Detailed results of the vote are:

 

Nominee  Votes
For
  % Votes
For
  Votes
Withheld
  % Votes Withheld
Andrea E. Bertone  214,920,820  96.81  7,078,922  3.18
Edward E. “Ned” Guillet  211,975,139  95.48  10,024,603  4.51
Michael W. Harlan  210,154,898  94.66  11,844,844  5.33
Larry S. Hughes  220,948,973  99.52  1,050,769  0.47
Elise L. Jordan  220,196,541  99.18  1,803,201  0.81
Susan “Sue” Lee  220,260,734  99.21  1,739,008  0.78
Ronald J. Mittelstaedt  218,197,830  98.28  3,801,912  1.71
Carl D. Sparks  221,808,705  99.91  191,037  0.08

 

All director nominees were elected in accordance with the majority voting policy included in the Company’s Corporate Governance Guidelines and Board Charter, with each receiving a majority of the total votes cast in respect of his or her election.

 

The shareholders approved on a non-binding, advisory basis the compensation of the Company’s named executive officers as disclosed in the proxy statement (“Say-on-Pay”).

 

The shareholders approved the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for 2024 and authorized the Company’s Board of Directors to fix the auditor’s remuneration.

 

Final voting results on all matters considered at the Meeting will be filed with U.S. Securities and Exchange Commission and the securities commissions or similar regulatory authorities in Canada.

 

 

 

 

About Waste Connections

 

Waste Connections (wasteconnections.com) is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, including by rail, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves approximately nine million residential, commercial and industrial customers in mostly exclusive and secondary markets across 46 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S. and Canada, as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. Waste Connections views its Environmental, Social and Governance (“ESG”) efforts as integral to its business, with initiatives consistent with its objective of long-term value creation and focused on reducing emissions, increasing resource recovery of both recyclable commodities and clean energy fuels, reducing reliance on off-site disposal for landfill leachate, further improving safety and enhancing employee engagement. Visit wasteconnections.com/sustainability for more information and updates on our progress towards targeted achievement.

 

CONTACT:

 

Mary Anne Whitney / (832) 442-2253  Joe Box / (832) 442-2153
maryannew@wasteconnections.com  joe.box@wasteconnections.com