Waste Energy Corp. (WAST) CEO Scott Gallagher Buys 400,000 Shares

What Happened Waste Energy Corp. (WAST) filed a Form 8-K on Sept. 2, 2026, disclosing that Scott Gallagher—Chairman, President, CEO and Interim CFO—purchased an aggregate of 400,000 shares of the company’s common stock in open-market transactions on Sept. 1, 2026 using personal funds. The purchases were 315,000 shares at $0.0029 per share and 85,000 shares at $0.0028 per share. Before these buys Mr. Gallagher directly beneficially owned 1,305,714 shares; after the purchases he beneficially owns 1,705,714 shares. The company says Mr. Gallagher will file the required Form 4 promptly after he completes updated EDGAR access credentials.

Key Details

• Purchaser: Scott Gallagher (Chairman, President, CEO, Interim CFO).
• Date of transactions: September 1, 2026 (disclosed in 8-K filed Sept. 2, 2026).
• Shares purchased: 400,000 total — 315,000 at $0.0029, 85,000 at $0.0028.
• Beneficial ownership: increased from 1,305,714 to 1,705,714 shares; Form 4 to be filed when EDGAR access is restored.

Why It Matters Insider purchases increase an insider’s direct ownership and are material disclosure items for investors because they update insider stake and trading activity. The 8-K provides transparency about the CEO’s recent open-market buying and notes the formal Section 16(a) report (Form 4) will follow once filing access is restored. Investors tracking insider activity, float, or potential signaling from company leadership will find this information relevant.