Waste Energy (WAST) CEO Scott Gallagher Buys 425,000 Shares

What Happened

• Scott Gallagher, Chairman and CEO (also a director) of Waste Energy Corp. (WAST), reported three purchases (code P) totaling 425,000 shares: 315,000 and 85,000 shares on 2026-09-01 and 25,000 shares on 2026-09-09.
• The filing lists the per-share price as $0.00 for each trade, with total cash consideration shown as $913, $238 and $60 respectively (aggregate $1,211). These are purchases (insider buying is often viewed as a more direct signal than sales, but filings are factual and do not imply motive).

Key Details

• Transaction dates and amounts:
  • 2026-09-01: 315,000 shares — consideration $913 (price reported as $0.00)
  • 2026-09-01: 85,000 shares — consideration $238 (price reported as $0.00)
  • 2026-09-09: 25,000 shares — consideration $60 (price reported as $0.00)
• Total acquired: 425,000 shares for $1,211 total (implied average ≈ $0.00285/share based on totals).
• Shares owned after the transactions: not specified in the information provided.
• No 10b5‑1 plan, tax‑withholding, gift, or derivative codes noted in the provided excerpt.
• Filing date: 2026-09-10. The Sept. 9 trade was reported promptly; the Sept. 1 trades were reported nine days later and may be outside the usual two-business-day Form 4 window.

Context

• These are open‑market/private purchases (code P). The filing shows a per‑share price of $0.00 while listing small total consideration amounts; the totals imply a fraction-of-a-cent price per share. As with all insider filings, this is raw transactional information — it confirms insider buying but does not explain the reasons behind it.