Casella Waste (CWST) director plans 1,100-share stock sale
Rhea-AI Filing Summary
Casella Waste Systems, Inc. (CWST) reports that director Michael Burke, through Goldman Sachs & Co. LLC, has filed a notice under Rule 144 to sell up to 1,100 shares of CWST common stock. These shares relate to 294 shares acquired as compensation via Restricted Stock Units on 06/03/2024 and 806 shares acquired as compensation via Restricted Stock Units on 06/05/2026. The proposed sale is listed with Goldman Sachs & Co. LLC as broker and an anticipated sale date of 08/26/2026. In the past three months, Michael Burke sold 2,305 shares of CWST common stock on 05/26/2026 for total proceeds of $201,818.89.
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Key Figures
Shares of common stock proposed to be sold: 1,100 shares
Shares sold during the past 3 months: 2,305 shares
Total proceeds from shares sold during past 3 months: $201,818.89
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6 metrics
Shares of common stock proposed to be sold
1,100 shares
Proposed Rule 144 sale through Goldman Sachs & Co. LLC
Shares sold during the past 3 months
2,305 shares
Sale on 05/26/2026 by Michael Burke
Total proceeds from shares sold during past 3 months
$201,818.89
Sale of 2,305 shares of common stock on 05/26/2026
Restricted Stock Units acquired as compensation on 06/03/2024
294 shares
Common stock acquired from issuer as compensation
Restricted Stock Units acquired as compensation on 06/05/2026
806 shares
Common stock acquired from issuer as compensation
Anticipated sale date for proposed Rule 144 transaction
08/26/2026
Proposed sale of 1,100 shares of common stock
Key Terms
Rule 144, Restricted Stock Units, Form 144
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Acquired as compensation -- Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What does the Form 144 filing by CWST insider Michael Burke report?
It reports that Michael Burke, a director of Casella Waste Systems, Inc. (CWST), has filed notice under Rule 144 to sell up to 1,100 shares of CWST common stock through Goldman Sachs & Co. LLC, with the shares originating from Restricted Stock Unit compensation awards.
What is Rule 144 in relation to CWST’s Form 144 filing?
The notice is filed under Rule 144, which governs resales of restricted and control securities. The form states that information is provided for the person whose account the securities are to be sold, consistent with paragraph (a) and aggregation rules in paragraph (e) of Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.