Waste Connections (WCN) legal executive sells 2,811 common shares
Rhea-AI Filing Summary
Robert Michael Cloninger, Senior Vice President and Deputy General Counsel of Waste Connections, sold a total of 2,811 Common Shares on July 28, 2026, in two open-market transactions at prices of $170.9955 and $171.3342 per share. The filing indicates these sales were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,811 shares
Net Sell
2 txns
Insider
Cloninger Robert Michael
Role
SR VP, Deputy General Counsel
Sold
2,811 shs ($481K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 2,573 | $170.9955 | $440K |
| Sale | Common Shares | 238 | $171.3342 | $41K |
Holdings After Transaction:
Common Shares — 11,666 shares (Direct)
Key Figures
Shares sold (block 1): 2,573 Common Shares
Shares sold (block 2): 238 Common Shares
Total shares sold: 2,811 Common Shares
3 metrics
Shares sold (block 1)
2,573 Common Shares
Non-derivative sale on July 28, 2026 at $170.9955 per share
Shares sold (block 2)
238 Common Shares
Non-derivative sale on July 28, 2026 at $171.3342 per share
Total shares sold
2,811 Common Shares
Aggregate of reported sales by Robert Michael Cloninger
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Common Shares
3 terms
Rule 10b5-1 trading plan regulatory
"The filing indicates the sales were not made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Transaction code S is described as a sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Robert Michael Cloninger report for Waste Connections (WCN)?
Cloninger reported selling 2,811 Waste Connections Common Shares in open-market transactions on July 28, 2026. The trades were disclosed on a Form 4 and represent non-derivative sales of the company’s common equity by a senior legal executive.
Was Cloninger's Waste Connections (WCN) stock sale under a Rule 10b5-1 plan?
The report indicates the sales were not made under a Rule 10b5-1 trading plan, as the related checkbox is unchecked. This means the transactions are not flagged as being executed under a pre-arranged trading program.
What is Robert Michael Cloninger’s role at Waste Connections (WCN)?
Cloninger is identified as Senior Vice President and Deputy General Counsel of Waste Connections. This makes him a senior legal officer of the company and a reporting insider subject to Form 4 disclosure requirements for trades in company securities.
What does transaction code S mean in the Waste Connections (WCN) Form 4?
Transaction code S on the Form 4 denotes a sale in an open market or private transaction. Both of Cloninger’s reported trades are coded S, confirming they are straightforward dispositions of common shares rather than option exercises or gifts.