Waste Connections SVP Robert Cloninger Sells 2,811 Shares
$WCN · Waste Connections, Inc.Research Summary
AI-generated summary of this SEC filing
Waste Connections SVP Robert Cloninger Sells 2,811 Shares
What Happened
Robert Michael Cloninger, Senior Vice President and Deputy General Counsel of Waste Connections, sold a total of 2,811 shares in two open-market transactions on July 28, 2026. The filings report sales of 2,573 shares at $171.00 (reported proceeds $439,971) and 238 shares at $171.33 (reported proceeds $40,778), for combined proceeds of $480,749. These were sales (not purchases or option exercises), which are often routine dispositions and do not necessarily indicate a change in company outlook.
Key Details
- Transaction dates: July 28, 2026 (reported on Form 4 filed July 30, 2026).
- Prices and amounts: 2,573 shares @ $171.00 (reported $439,971); 238 shares @ $171.33 (reported $40,778).
- Total shares sold: 2,811; total reported proceeds: $480,749.
- Shares owned after transaction: Not specified in the summary provided — see the full Form 4 for post-transaction beneficial ownership.
- Footnotes/plan notes: No 10b5-1 plan, tax withholding, or other special conditions were noted in the provided transaction summary.
- Filing timeliness: Form 4 was filed July 30, 2026 for a July 28 transaction; this appears to be a timely filing.
Context
These were open-market sales (code S on the Form 4), meaning the shares were sold into the market rather than transferred as gifts or through option exercises. Sales by executives can be routine (for diversification, tax, or liquidity reasons) and should be considered alongside other company filings and broader insider activity rather than as a standalone signal. For full details (exact post-transaction holdings and any footnotes), consult the official Form 4 (Accession 0001616193-26-000004).