Waste Energy CEO buys 400K shares on market
Waste Energy says Scott Gallagher will file his required Form 4 after he completes updated EDGAR access credentials, following his 400,000-share open-market buys.
Rhea-AI Filing Summary
WASTE ENERGY CORP. (WAST) reports that on September 1, 2026, Chairman, President, Chief Executive Officer and Interim Chief Financial Officer Scott Gallagher purchased an aggregate of 400,000 shares of the company’s common stock in open-market transactions using personal funds. The purchases consisted of 315,000 shares at $0.0029 per share and 85,000 shares at $0.0028 per share.
Immediately before these trades, Scott Gallagher directly beneficially owned 1,305,714 shares of common stock; following the transactions he directly beneficially owns 1,705,714 shares. The company states this Reg FD disclosure is being made promptly while he completes the process of obtaining updated EDGAR access credentials, and he intends to file the required Form 4 after that process is complete.
Positive
- None.
Negative
- None.
Filing Explained
This 8-K is a furnished Regulation FD notice, not a report filed under Section 18, and it does not satisfy Scott Gallagher’s Section 16(a) Form 4 obligation; he intends to submit that report after completing the updated EDGAR access process.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Shares purchased: 400,000 shares
Purchase price tranche 1: $0.0029 per share
Purchase price tranche 2: $0.0028 per share
+2 more
5 metrics
Shares purchased
400,000 shares
Common stock bought by Scott Gallagher on September 1, 2026
Purchase price tranche 1
$0.0029 per share
315,000 shares of common stock purchased in open-market transactions
Purchase price tranche 2
$0.0028 per share
85,000 shares of common stock purchased in open-market transactions
Shares owned before purchases
1,305,714 shares
Scott Gallagher’s direct beneficial ownership immediately prior to the trades
Shares owned after purchases
1,705,714 shares
Scott Gallagher’s direct beneficial ownership following the trades
Key Terms
Regulation FD Disclosure, open-market transactions, Form 4, Section 16(a), +1 more
5 terms
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. On September 1, 2026, Scott Gallagher"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
open-market transactions financial
"purchased an aggregate of 400,000 shares ... in open-market transactions"
Open-market transactions are purchases or sales of a company’s securities that take place on public exchanges rather than through private agreements. They matter to investors because these trades change the number of shares available, can move the stock price, and often signal management’s view of the company’s value—like a store restocking or clearing shelves, altering supply and the price shoppers see.
Form 4 regulatory
"Mr. Gallagher intends to file the required Form 4 reporting these transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Section 16(a) regulatory
"does not constitute or replace Mr. Gallagher’s reporting obligations under Section 16(a)"
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
FAQ
What insider stock purchase did WAST disclose on September 1, 2026?
WASTE ENERGY CORP. disclosed that Scott Gallagher purchased 400,000 shares of common stock in open-market transactions on September 1, 2026, using personal funds. The trades were at prices of $0.0029 and $0.0028 per share.
At what prices did Scott Gallagher buy WAST common stock?
Scott Gallagher bought WASTE ENERGY CORP. common stock at two prices: 315,000 shares at $0.0029 per share and 85,000 shares at $0.0028 per share, all in open-market transactions on September 1, 2026.
Why did WASTE ENERGY CORP. furnish this 8-K about the insider purchases?
The company states it is furnishing this information under Regulation FD to publicly disclose the transactions while Scott Gallagher completes obtaining updated EDGAR access credentials. He intends to file the required Form 4 after that process is completed.
Does this WAST 8-K replace Scott Gallagher’s Form 4 reporting obligation?
No. The company states this 8-K does not constitute or replace Scott Gallagher’s reporting obligations under Section 16(a) of the Exchange Act. He intends to file the required Form 4 to report the transactions.
Is the information in this WAST 8-K considered filed or furnished?
The company states the information in Item 7.01 is being furnished and will not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference into Securities Act or Exchange Act filings except if specifically referenced.
AI-generated analysis. How Rhea-AI works. Not financial advice.
