CRAFT JASON 4
Research Summary
AI-generated summary
Waste Connections (WCN) EVP/COO Jason Craft Buys 54 Shares
What Happened
Jason Craft, Executive Vice President & Chief Operating Officer of Waste Connections (WCN), acquired 54 shares on June 30, 2026. The shares were purchased at $158.36 per share for a reported total of $8,551. The filing classifies this as an "other acquisition" (transaction code J) and notes the shares were bought under the company’s 2020 Employee Share Purchase Plan (ESPP).
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed within the typical 2-business-day Form 4 window).
- Price: $158.36 per share; Amount acquired: 54 shares; Total reported value: $8,551.
- Shares were acquired under the Waste Connections 2020 ESPP; purchase price equaled 95% of the NYSE closing price on 6/30/2026 (footnote F1).
- Shares owned after the transaction: not disclosed in this filing.
- Transaction code: J (other acquisition or disposition) — here used for an ESPP purchase.
Context
This was an ESPP purchase (employees often buy at a discount—here 95% of the closing price, i.e., a 5% discount). ESPP purchases are routine compensation/benefit transactions rather than open-market investment decisions, though purchases can be interpreted positively by some investors. The amount is modest (~$8.6K) and does not on its own indicate a change in insider sentiment.