4Accepted Sep 3, 4:29 PM ET
Casella Waste (CWST) Director Michael K. Burke Sells 1,100 Shares
Accepted (ET)
4:29 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
5.1 KB
Summary
Casella Waste (CWST) Director Michael K. Burke Sells 1,100 Shares
What Happened
Michael K. Burke, a director of Casella Waste Systems, sold 1,100 shares in an open-market transaction on September 3, 2026. The reported weighted-average sale price was $95.26, resulting in proceeds of approximately $104,786. This was a sale (not a purchase or option exercise), which is often routine insider trading for liquidity or diversification and does not by itself signal a change in company outlook.
Key Details
- Transaction date: 2026-09-03 (reported same day). Transaction type: Sale (code S).
- Reported price: weighted average $95.26 per share (footnote indicates individual sale prices ranged $95.13–$95.41).
- Shares sold: 1,100; approximate proceeds: $104,786.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: The filing notes the $95.26 is a weighted-average of multiple trades; the filer will provide per-trade details to SEC staff on request. No 10b5-1 plan or other reason was disclosed in this filing.
- Filing timeliness: Reported and filed on the same date (timely).
Context
Sales by directors can be routine (tax planning, diversification, liquidity) and are generally less informative than insider purchases. The transaction size (~$105k) is moderate; absent additional disclosures (e.g., a planned-sale program), avoid inferring company-specific insight from this single sale.