Casella Waste Systems (CWST) Director Michael K. Burke Sells 1,100 Shares
$CWST · CASELLA WASTE SYSTEMS INCResearch Summary
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Casella Waste Systems (CWST) Director Michael K. Burke Sells 1,100 Shares
What Happened
Michael K. Burke, a director of Casella Waste Systems, reported an open‑market sale of 1,100 shares on August 26, 2026. The weighted average sales price was $92.99, producing gross proceeds of approximately $102,289. This was a sale (not a purchase or option exercise) and thus is generally considered routine insider selling rather than a direct bullish signal.
Key Details
- Transaction date: 2026-08-26
- Transaction type/code: Sale (S) — open‑market or private sale reported as S
- Shares sold: 1,100 at a weighted average price of $92.99 (range $92.85–$93.06)
- Reported proceeds: ~$102,289 (gross)
- Shares owned after the transaction: Not specified in the provided filing excerpt
- Footnote: F1 notes the reported price is a weighted average across multiple trades ($92.85–$93.06); the issuer or reporting person will provide per‑trade breakdown to SEC staff on request
- Filing timeliness: Reported on the same date as the transaction (filed 2026-08-26)
Context
Insider sales can be for many reasons (diversification, taxes, personal liquidity) and do not by themselves indicate management’s view of the company’s prospects. The filing does not indicate a 10% owner status or a 10b5‑1 trading plan; no option exercise, gift, or tax‑withholding items are reported for this transaction.