Insider Cluster (3 insiders) ·Filed Aug 21, 2026

WCN

Waste Connections, Inc.
NEUTRAL
Impact 2/10
Horizonimmediate Processed1mo ago
Insider cluster: 3 insiders, $0.8M total
Actionable Insight • Neutral

Monitor next quarterly earnings for any guidance revision or operational update, but this insider cluster alone provides no actionable trading signal. The historical calibration on this ticker shows past neutral reports have underperformed, but that reflects broader sector weakness, not insider insight.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
WCN ▼ -8.31% at T+20d
NEUTRAL call ✗ call lost -8.31% · α vs SPY -8.03% · entry $169.40 → $155.33
Next anchor: T+60d in 6w
Latest observation: T+27 -12.03% FF3 residual α
Entry anchored
Aug 20, 04:35 PM ET
via 1-min bar
T+1d
-0.25%
call -0.25% · α +0.04%
$168.97
settled 6w ago
T+5d
-2.05%
call -2.05% · α -2.52%
$165.93
settled 5w ago
T+20d
-8.31%
call -8.31% · α -8.03%
$155.33
settled 14d ago
T+60d
—
call — · α —
—
in 6w

Price Chart

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Executive Summary

Three senior vice presidents at Waste Connections sold a total of $826K in open-market sales over a one-week window. The dollar amount is trivial relative to the $43B market cap (0.002%), and insider sales at this scale are routine liquidity events, not a bearish signal. The cluster is non-informative and does not change the fundamental outlook for the stock.

Key Financial Metrics

Direction
selling
Total Value
$826.0K
Insiders
3

Key Facts

  • Three SR VPs sold shares totaling $826K in open-market transactions between Aug 12-19, 2026.
  • Total sales represent ~0.002% of WCN's $43B market cap — immaterial.
  • No C-suite executives participated; all sellers are senior vice presidents.
  • Sales are likely liquidity-driven (vesting, tax planning, diversification) and carry no informational content per academic literature.

Financial Impact

$826K in insider sales, or 0.002% of market cap

dilution

Risk Factors

  • Insider sales could accelerate if management sees headwinds in the refuse sector
  • No C-suite participation limits the signal value of this cluster

Market Snapshot

Exchange
NYSE
Sector
Refuse Systems
Analyst Consensus
85% bullish (20 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-WCN-1787378765399
11 reports for WCN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for WCN — sortable, filterable
TypeNow
Aug 21, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$169.40 $155.33▼ −8.31%▼ −8.03%$150.90 (−10.92%)
Aug 20, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$168.33 $155.33▼ −7.72%▼ −7.72%$150.90 (−10.36%)
Jul 31, 2026
9w ago
Insider Cluster
NEUTRAL ★ 2/10
$167.38 $165.93▼ −0.87%▼ −3.85%$150.90 (−9.85%)
Jul 27, 2026
9w ago
424B5
NEUTRAL ★ 3/10
$169.35 $168.97▼ −0.22%▼ −3.52%$150.90 (−10.90%)
Jun 9, 2026
16w ago
Insider Cluster
NEUTRAL ★ 2/10
$159.03 $170.14▲ +6.99%▲ +3.36%$150.90 (−5.12%)
May 15, 2026
19w ago
8-K
NEUTRAL ★ 3/10
$158.92 $157.07▼ −1.16%▼ −2.75%$150.90 (−5.05%)
May 12, 2026
20w ago
Insider Cluster
BULLISH ★ 6/10
$156.61 $154.98▼ −1.04%▼ −3.16%$150.90 (−3.65%)
Apr 27, 2026
22w ago
144
NEUTRAL ★ 2/10
$163.18 $153.68▼ −5.82%▼ −11.29%$150.90 (−7.53%)
Apr 23, 2026
23w ago
DEFA14A
NEUTRAL ★ 4/10
$165.70 $155.77▼ −5.99%▼ −10.02%$150.90 (−8.94%)
Apr 22, 2026
23w ago
8-K
BULLISH ★ 8/10
$168.52 $156.98▼ −6.85%▼ −11.48%$150.90 (−10.46%)
Showing 10 of 11

US Market Status

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Report published Aug 22, 2026