Insider sales are immaterial relative to market cap and likely liquidity-driven. No actionable signal — monitor for any upcoming earnings or M&A filings that could provide context, but this cluster alone does not warrant a trade.
Price Chart
Executive Summary
Two Waste Connections executives (General Counsel and COO) sold a combined $1.41M in open-market sales on June 5, 2026. The total value is ~0.0036% of the $39.2B market cap — a trivial amount. The cluster is not amplified by any cross-filing context, and the historical calibration shows past bullish calls on WCN have underperformed. This is a routine, non-informative cluster.
Key Financial Metrics
Key Facts
- Total open-market sales: $1.41M (0.0036% of $39.2B market cap)
- Two insiders sold: General Counsel ($1.17M) and COO ($235K)
- Two additional gift transactions of 100 and 15 shares at $0 (non-cash, immaterial)
- No 10b5-1 plan disclosure; single-day cluster on June 5 suggests possible blackout-window opening or routine diversification
- Historical calibration: past bullish calls on WCN have negative average T+20 alpha (-4.83%), win rate 0% — no reason to over-score
Financial Impact
Total insider sales of $1.41M represent ~0.0036% of market cap — trivial and routine
Risk Factors
- No material risk identified from this cluster
- Historical calibration shows poor predictive power for WCN filings
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WCN-1781036993765 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 21, 2026 6w ago | Insider Cluster | $169.40 $155.33 | ▼ −8.31% | ▼ −8.03% | $150.90 (−10.92%) |
Aug 20, 2026 6w ago | Insider Cluster | $168.33 $155.33 | ▼ −7.72% | ▼ −7.72% | $150.90 (−10.36%) |
Jul 31, 2026 9w ago | Insider Cluster | $167.38 $165.93 | ▼ −0.87% | ▼ −3.85% | $150.90 (−9.85%) |
Jul 27, 2026 9w ago | 424B5 | $169.35 $168.97 | ▼ −0.22% | ▼ −3.52% | $150.90 (−10.90%) |
Jun 9, 2026 16w ago | Insider Cluster | $159.03 $170.14 | ▲ +6.99% | ▲ +3.36% | $150.90 (−5.12%) |
May 15, 2026 19w ago | 8-K | $158.92 $157.07 | ▼ −1.16% | ▼ −2.75% | $150.90 (−5.05%) |
May 12, 2026 20w ago | Insider Cluster | $156.61 $154.98 | ▼ −1.04% | ▼ −3.16% | $150.90 (−3.65%) |
Apr 27, 2026 22w ago | 144 | $163.18 $153.68 | ▼ −5.82% | ▼ −11.29% | $150.90 (−7.53%) |
Apr 23, 2026 23w ago | DEFA14A | $165.70 $155.77 | ▼ −5.99% | ▼ −10.02% | $150.90 (−8.94%) |
Apr 22, 2026 23w ago | 8-K | $168.52 $156.98 | ▼ −6.85% | ▼ −11.48% | $150.90 (−10.46%) |
US Market Status
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