Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-15

Waste Connections (WCN)

CEO Ronald Mittelstaedt was paid $9,757,565 in fiscal year 2025, ↑ up 34.1% from fiscal year 2024, the 21st percentile of its disclosed peer group (SEC filing 0001104659-26-039146 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$9,757,565 ↑
Ronald Mittelstaedt total, FY2025
21st
CEO pay percentile vs peers
130:1
CEO-to-median pay ratio
95.75%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Ronald Mittelstaedt (President and Chief Executive Officer), FY2025 total compensation $9,757,565 (base salary $1,171,943) [exec_comp, SEC accession 0001104659-26-039146, filed 2026-04-02]

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WCN's next annual pay disclosure, estimated March 31, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ronald Mittelstaedt$1,171,943$0$5,301,060$0$3,097,600$0$186,962$9,757,565
President and Chief Executive Officer
Mary Anne Whitney635,28901,439,91801,072,000044,0683,191,275
Executive Vice President and Chief Financial Officer
Patrick Shea561,44201,269,0260927,216057,1962,814,880
Executive Vice President, General Counsel and Secretary
James Little515,57701,165,4320851,592057,7242,590,325
Executive Vice President – Engineering and Disposal
Domenico Pio554,2020960,0510732,212027,3482,273,813
Senior Vice President – Operations

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Ronald Mittelstaedt$9,757,565$7,276,372$5,755,052↑ +2,481,193
Mary Anne Whitney3,191,2752,544,2542,583,823↑ +647,021
Patrick Shea2,814,8802,306,8272,326,251↑ +508,053
James Little2,590,3252,119,6972,091,706↑ +470,628
Domenico Pio2,273,813———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against WCN
8 companies name WCN as a compensation peer

Each company listed discloses WCN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named WCN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
James LittleEVP$2,590,325
Domenico PioSVP$2,273,813
Mary Anne WhitneyCFO$3,191,275
Ronald MittelstaedtCEO$9,757,565
Patrick SheaGeneral Counsel$2,814,880
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Andrea E. BertoneIndependent Director$275,147
Carl D. SparksIndependent Director$275,147
Cherylyn Harley LeBonIndependent Director$275,147
Daniel L. FlornessIndependent Director—
Edward E. "Ned" GuilletIndependent Director$290,147
Elise L. JordanIndependent Director$300,147
Michael W. HarlanChair of the Board$325,147
Susan "Sue" LeeIndependent Director$300,147
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
James LittlePSU2025-02-14—3,082—7,705$582,621
James LittleRSU2025-02-14——3,083—582,810
Mary Anne WhitneyPSU2025-02-14—3,808—9,520719,864
Patrick SheaPSU2025-02-14—3,356—8,390634,418
Ronald MittelstaedtPSU2025-02-14—14,021—35,0532,650,530
Ronald MittelstaedtRSU2025-02-14——14,021—2,650,530
Patrick SheaRSU2025-02-14——3,357—634,607
Mary Anne WhitneyRSU2025-02-14——3,809—720,053
Domenico PioPSU2025-02-14—2,505—6,263480,026
Domenico PioRSU2025-02-14——2,505—480,026
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
James Little$582,810$582,621$050.0%
Mary Anne Whitney720,053719,864050.0%
Patrick Shea634,607634,418050.0%
Ronald Mittelstaedt2,650,5302,650,530050.0%
Domenico Pio480,026480,026050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Mary Anne WhitneyPSU4,513—$791,400
Domenico PioPSU2,180—382,285
Domenico PioPSU2,505—439,277
Mary Anne WhitneyPSU3,808—667,771
Domenico PioRSU2,505—439,277
Ronald MittelstaedtPSU7,766—1,361,846
Ronald MittelstaedtPSU1,836—321,961
Patrick SheaRSU2,025—355,104
Mary Anne WhitneyRSU1,436—251,817
Ronald MittelstaedtRSU918—160,980
Ronald MittelstaedtRSU878—153,966
Patrick SheaPSU3,356—588,508
Patrick SheaPSU3,409—597,802
Ronald MittelstaedtRSU14,021—2,458,723
Ronald MittelstaedtPSU14,021—2,458,723
James LittlePSU3,127—548,351
Ronald MittelstaedtPSU12,450—2,183,232
Domenico PioRSU727—127,487
Ronald MittelstaedtRSU9,337—1,637,336
Mary Anne WhitneyRSU3,809—667,946
Patrick SheaPSU4,050—710,208
Ronald MittelstaedtRSU3,882—680,748
Mary Anne WhitneyPSU3,784—663,562
James LittlePSU3,664—642,519
Patrick SheaRSU3,357—588,684
James LittleRSU3,083—540,635
James LittlePSU3,082—540,460
James LittleRSU1,832—321,260
Mary Anne WhitneyRSU2,838—497,672
Patrick SheaRSU1,255—220,077
Domenico PioPSU2,741—480,662
Patrick SheaRSU2,557—448,396
James LittleRSU2,346—411,395
Domenico PioRSU1,827—320,383
Mary Anne WhitneyRSU2,256—395,612
James LittleRSU1,224—214,641
05

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee and the Board of Directors aim to set director compensation levels at or near the market median relative to directors at companies of comparable size, industry, and scope of operations in order to ensure directors are paid competitively for their time commitment and responsibilities.

CEO STI target (% of salary)160%
CEO LTI target (% of salary)—
Independent consultantPearl Meyer & Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-15202,685,7949,000,505917,49195.75%Passed
20252025-05-16210,688,11910,336,222513,12595.32%Passed
20242024-05-17212,520,4779,259,759219,50695.73%Passed
20232023-05-19212,844,0649,875,306264,73895.45%Passed
20222022-05-13193,417,3573,932,014958,47697.53%Passed
20212021-05-14210,128,3475,529,22579,29997.44%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1595.75%a
20252025-05-1695.32%b
20242024-05-1795.73%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “You may vote " FOR " or " AGAINST " or you may " ABSTAIN " from voting on this proposal. This proposal will be considered approved, on a non-binding, advisory basis, by the affirmative vote of a simple majority (50 percent plus one) of the Common Shares present, either in person or by proxy, and entitled to vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)130 : 1
CEO total compensation$9,757,565
Median employee compensation$74,945
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael W. HarlanIndependent · Board Chair · Lead Independent Director · Audit · Compensation · Nominating and Corporate Governance$150,000$175,147——$0$325,147
Susan "Sue" LeeIndependent · Audit · Compensation · Nominating and Corporate Governance125,000175,147——0300,147
Elise L. JordanIndependent · Audit · Compensation · Nominating and Corporate Governance125,000175,147——0300,147
Edward E. "Ned" GuilletIndependent · Audit · Compensation · Nominating and Corporate Governance115,000175,147——0290,147
Carl D. SparksIndependent · Audit · Compensation · Nominating and Corporate Governance100,000175,147——0275,147
Andrea E. BertoneIndependent · Audit · Compensation · Nominating and Corporate Governance · Not standing for re-election100,000175,147——0275,147
Cherylyn Harley LeBonIndependent · Audit · Compensation · Nominating and Corporate Governance100,000175,147——0275,147
Daniel L. FlornessIndependent · Audit · Compensation · Nominating and Corporate Governance · Newly elected00——00
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$245,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 15,000
Stock ownership guideline$550,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$815,000
Equity awards (grant-date value)$1,226,029
All other compensation$0
Total cost of the board$2,041,029

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Waste Connections names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Waste Connections.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Waste Management, Inc.2025James Fish$1,486,538$12,406,478$2,400,021$2,472,480$19,048,786
2Norfolk Southern Corporation2025Mark George1,100,0009,199,7332,300,0102,932,87516,245,050
3Republic Services, Inc.2025Jon Vander Ark1,302,69211,124,48901,982,66414,857,016
4Vulcan Materials Company2025J. Thomas Hill1,235,0007,906,5131,976,2883,043,00014,699,497
5Fortive Corporation2025Olumide Soroye931,7338,196,1253,706,5191,358,10014,405,012
6Martin Marietta Materials, Inc.2025C. Howard Nye1,368,3339,428,72602,835,71914,264,065
7Cintas Corporation2026Todd Schneider1,153,0677,888,91703,073,47012,158,605
8United Rentals, Inc.2025Matthew Flannery1,187,6719,080,47401,767,65612,057,571
9CSX Corporation2025Stephen Angel386,3645,385,3425,248,065513,86311,711,612
10Old Dominion Freight Line, Inc.2025Kevin Freeman1,033,6802,377,60608,167,84711,615,896
11W.W. Grainger, Inc.2025D.G. Macpherson1,176,3708,451,81901,653,07511,609,508
12Waste Connections2025Ronald Mittelstaedt1,171,9435,301,06003,097,6009,757,565
13J.B. Hunt Transport Services, Inc.2025Shelley Simpson961,3856,927,52901,067,4219,004,371
14Rollins, Inc.2025Jerry Gahlhoff, Jr.1,100,0006,128,64301,683,0008,966,870
15Fastenal Company2025Daniel Florness750,0000861,3872,569,0004,183,328

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Waste Connections160%PSU 50 · RSU 50Yes — Relative TSR ModifierPearl Meyer & Partners, LLC
Cintas Corporationnot disclosedRSU 50 · Options 50Nonot disclosed
CSX Corporation76%PSU 60 · Option 20 · RSU 20NoPay Governance, LLC
Fastenal Company342%Options 100not disclosednot disclosed
Fortive Corporationnot disclosedPSU 50 · RSU 25 · Option 25Yes — Relative TSR vs. S&P 500Pearl Meyer
J.B. Hunt Transport Services, Inc.not disclosedPSU 60 · RSU 40NoMeridian Compensation Partners, LLC
Martin Marietta Materials, Inc.185%PSU 55 · RSU 45Yes — Relative TSRPay Governance
Norfolk Southern Corporation118.5%not disclosedYes — relative TSRFW Cook
Old Dominion Freight Line, Inc.not disclosednot disclosedYes — Three-year relative TSR compared to companies in the Dow Jones Transportation AveragePearl Meyer
Republic Services, Inc.91.79%PSU 80 · RSU 20NoPearl Meyer & Partners, LLC
Rollins, Inc.102%RSU 72 · PSU 28Yes — TSRMercer
United Rentals, Inc.99.2%PSU 80 · RSU 20NoPearl Meyer & Partners, LLC
Vulcan Materials Companynot disclosedPSU 60 · RSU 20 · SOSAR 20Yes — Total Shareholder Return (TSR) percentile rank relative to S&P 500 IndexMeridian Compensation Partners, LLC
W.W. Grainger, Inc.93%PSU 60 · RSU 40NoPay Governance, LLC
Waste Management, Inc.103.02%PSU 80 · Option 20NoFrederic W. Cook & Co., Inc.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Waste Connections in fiscal 2025?
As disclosed, Ronald Mittelstaedt (President and Chief Executive Officer) was the highest-paid executive at Waste Connections in fiscal 2025, with total compensation of $9,757,565.
How does Waste Connections's chief executive pay compare to its disclosed peer group?
As disclosed, Ronald Mittelstaedt's total compensation ranked at the 21st percentile of Waste Connections's disclosed peer group.
What is Waste Connections's CEO-to-median employee pay ratio?
As disclosed, Waste Connections's CEO-to-median employee pay ratio was 130:1.
How did shareholders vote on Waste Connections's executive compensation?
As disclosed, 95.75% of shareholders supported Waste Connections's executive compensation in the latest say-on-pay vote.
How much does Waste Connections spend in total on board compensation for fiscal 2025?
As disclosed, Waste Connections reported total board compensation of $2,041,029 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ronald MittelstaedtDEF 14A2026-04-020001104659-26-039146Section “Summary Compensation Table”. As printed: 9,757,565. Filing ↗
2Section 01, Mary Anne WhitneyDEF 14A2026-04-020001104659-26-039146Section “Summary Compensation Table”. As printed: 3,191,275. Filing ↗
3Section 01, Patrick SheaDEF 14A2026-04-020001104659-26-039146Section “Summary Compensation Table”. As printed: 2,814,880. Filing ↗
4Section 01, James LittleDEF 14A2026-04-020001104659-26-039146Section “Summary Compensation Table”. As printed: 2,590,325. Filing ↗
5Section 01, Domenico PioDEF 14A2026-04-020001104659-26-039146Section “Summary Compensation Table”. As printed: 2,273,813. Filing ↗
6Section 03, James Little PSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1507770–1507777
7Section 03, James Little RSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1507390–1507397
8Section 03, Mary Anne Whitney PSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1505025–1505032
9Section 03, Patrick Shea PSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1506410–1506417
10Section 03, Ronald Mittelstaedt PSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1503661–1503670
11Section 03, Ronald Mittelstaedt RSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1503279–1503288
12Section 03, Patrick Shea RSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1506030–1506037
13Section 03, Mary Anne Whitney RSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1504645–1504652
14Section 03, Domenico Pio PSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1509186–1509193
15Section 03, Domenico Pio RSUDEF 14A1900-01-010001104659-26-039146Section “Grants of Plan-Based Awards in Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: span 1508801–1508808
16Section 07, pay ratioDEF 14A2026-04-020001104659-26-039146Section “CEO Pay Ratio”. As printed: 130 : 1. Filing ↗
17Section 08, Michael W. HarlanDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 325,147. Filing ↗machine: t59 · r3 · c19 · span 836966–837038
18Section 08, Susan "Sue" LeeDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 300,147. Filing ↗machine: r6 · c19 · span 846324–846396
19Section 08, Elise L. JordanDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 300,147. Filing ↗machine: t59 · r4 · c19 · span 840071–840143
20Section 08, Edward E. "Ned" GuilletDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 290,147. Filing ↗machine: r2 · c19 · span 833834–833906
21Section 08, Carl D. SparksDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 275,147. Filing ↗machine: t59 · r7 · c19 · span 849482–849554
22Section 08, Andrea E. BertoneDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 275,147. Filing ↗machine: t59 · r1 · c19 · span 830709–830781
23Section 08, Cherylyn Harley LeBonDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 275,147. Filing ↗machine: t59 · r5 · c19 · span 843207–843279
24Section 08, Daniel L. FlornessDEF 14A2026-04-020001104659-26-039146Section “Director Compensation”. As printed: 0. Filing ↗
25Section 06, 2026 voteForm 8-K2026-05-150001104659-26-062507Item 5.07 · say-on-pay result. As reported: 95.75% (votes for as printed: 202,685,794). Filing ↗
26Section 06, 2025 voteForm 8-K2025-05-160001104659-25-050060Item 5.07 · say-on-pay result. As reported: 95.32% (votes for as printed: 210,688,119). Filing ↗
27Section 06, 2024 voteForm 8-K2024-05-170001104659-24-062985Item 5.07 · say-on-pay result. As reported: 95.73% (votes for as printed: 212,520,477). Filing ↗
28Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
29Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
30Section 09b board cost (computed)Computed——Cash 815,000 + equity 1,226,029 + all other 0 = 2,041,029, summed across the director compensation table rows.machine: formula: Σ = 2,041,029
31Waste Management, Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037381CEO total compensation as printed in Waste Management, Inc.'s own proxy. As printed: 19,048,786. Filing ↗machine: r2 · c36 · span 986125–986135
32Norfolk Southern Corporation, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127620CEO total compensation as printed in Norfolk Southern Corporation's own proxy. As printed: 16,245,050. Filing ↗machine: r5 · c33 · span 2773362–2773372
33Republic Services, Inc., Section 10b CEO totalDEF 14A2026-03-240001193125-26-121796CEO total compensation as printed in Republic Services, Inc.'s own proxy. As printed: 14,857,016. Filing ↗machine: t333 · r3 · c29 · span 1371801–1371811
34Vulcan Materials Company, Section 10b CEO totalDEF 14A2026-03-240001628280-26-020812CEO total compensation as printed in Vulcan Materials Company's own proxy. As printed: 14,699,497. Filing ↗machine: r4 · c27 · span 1010456–1010466
35Fortive Corporation, Section 10b CEO totalDEF 14A2026-04-290001193125-26-189078CEO total compensation as printed in Fortive Corporation's own proxy. As printed: 14,405,012. Filing ↗machine: r5 · c17 · span 4058480–4058491
36Martin Marietta Materials, Inc., Section 10b CEO totalDEF 14A2026-04-150001193125-26-157039CEO total compensation as printed in Martin Marietta Materials, Inc.'s own proxy. As printed: 14,264,065. Filing ↗machine: r4 · c44 · span 1436786–1436796
37Cintas Corporation, Section 10b CEO totalDEF 14A2026-09-150000723254-26-000040CEO total compensation as printed in Cintas Corporation's own proxy. As printed: 12,158,605. Filing ↗machine: r2 · c27 · span 436219–436229
38United Rentals, Inc., Section 10b CEO totalDEF 14A2026-03-250001193125-26-124113CEO total compensation as printed in United Rentals, Inc.'s own proxy. As printed: 12,057,571. Filing ↗machine: span 1280664–1280674
39CSX Corporation, Section 10b CEO totalDEF 14A2026-03-300001628280-26-021944CEO total compensation as printed in CSX Corporation's own proxy. As printed: 11,711,612. Filing ↗machine: r2 · c27 · span 1506353–1506363
40Old Dominion Freight Line, Inc., Section 10b CEO totalDEF 14A2026-04-200000878927-26-000006CEO total compensation as printed in Old Dominion Freight Line, Inc.'s own proxy. As printed: 11,615,896. Filing ↗machine: t7 · r4 · c12 · span 336288–336298
41W.W. Grainger, Inc., Section 10b CEO totalDEF 14A2026-03-100001104659-26-025575CEO total compensation as printed in W.W. Grainger, Inc.'s own proxy. As printed: 11,609,508. Filing ↗machine: r1 · c32 · span 1578498–1578509
42Waste Connections (subject), Section 10b CEO totalDEF 14A2026-04-020001104659-26-039146CEO total compensation as printed in Waste Connections's own proxy. As printed: 9,757,565. Filing ↗
43J.B. Hunt Transport Services, Inc., Section 10b CEO totalDEF 14A2026-03-110001437749-26-007732CEO total compensation as printed in J.B. Hunt Transport Services, Inc.'s own proxy. As printed: 9,004,371. Filing ↗machine: r1 · c21 · span 825167–825176
44Rollins, Inc., Section 10b CEO totalDEF 14A2026-03-170000084839-26-000014CEO total compensation as printed in Rollins, Inc.'s own proxy. As printed: 8,966,870. Filing ↗machine: t107 · r9 · c14 · span 774614–774623
45Fastenal Company, Section 10b CEO totalDEF 14A2026-02-250000815556-26-000017CEO total compensation as printed in Fastenal Company's own proxy. As printed: 4,183,328. Filing ↗machine: span 487146–487155
46Section 10a, United Rentals, Inc. reciprocityDEF 14A—0001193125-26-124113United Rentals, Inc. names Waste Connections in its own disclosed peer group (read from its most recent proxy). Filing ↗
47Section 10a, CSX Corporation reciprocityDEF 14A—0001628280-26-021944CSX Corporation's most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
48Section 10a, Fastenal Company reciprocityDEF 14A—0000815556-26-000017Fastenal Company's most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
49Section 10a, Fortive Corporation reciprocityDEF 14A—0001193125-26-189078Fortive Corporation's most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
50Section 10a, J.B. Hunt Transport Services, Inc. reciprocityDEF 14A—0001437749-26-007732J.B. Hunt Transport Services, Inc.'s most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
51Section 10a, Martin Marietta Materials, Inc. reciprocityDEF 14A—0001193125-26-157039Martin Marietta Materials, Inc.'s most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
52Section 10a, Old Dominion Freight Line, Inc. reciprocityDEF 14A—0000878927-26-000006Old Dominion Freight Line, Inc.'s most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
53Section 10a, Rollins, Inc. reciprocityDEF 14A—0000084839-26-000014Rollins, Inc. names Waste Connections in its own disclosed peer group (read from its most recent proxy). Filing ↗
54Section 10a, Vulcan Materials Company reciprocityDEF 14A—0001628280-26-020812Vulcan Materials Company's most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗
55Section 10a, Waste Management, Inc. reciprocityDEF 14A—0001104659-26-037381Waste Management, Inc. names Waste Connections in its own disclosed peer group (read from its most recent proxy). Filing ↗
56Section 10a, W.W. Grainger, Inc. reciprocityDEF 14A—0001104659-26-025575W.W. Grainger, Inc.'s most recent proxy was read; its disclosed peer group does not include Waste Connections. Filing ↗

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