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Casella Waste Director Michael Burke Sells 1,100 Shares for $105,000

Casella Waste Director Michael Burke Sells 1,100 Shares for $105,000

finance.yahoo.com 19.09.2026 17:20 4 views

Burke, a Director at Casella Waste Systems (NASDAQ:CWST), sold 1,100 shares of Class A common stock on Sept. 3, 2026, according to a recent SEC Form 4 filing. Transaction value based on SEC Form 4 weighted average sale price ($95.26); post-transaction value based on Sept. 3, 2026, market close ($95.96). What was the size of this transaction relative to the insider's total position?The sale of 1,100 shares represented 7% of Burke's direct holdings before the trade was executed.

How did the execution price compare to recent market pricing?The shares were sold at a weighted average price of $95.26, which was higher than the $93.40 market close as of Sept. 2, 2026. What remains of the insider's equity stake in the company?Following the disposition, Burke maintains direct ownership of 13,641 shares, representing a 0.02% ownership interest in the firm, which operates as an integrated solid waste management company in the northeastern United States. Share Price (as of market close 2026-09-02) Casella Waste Systems provides comprehensive waste and resource management solutions, including solid waste collection, transfer, disposal, recycling, and organic waste services across the northeastern United States.

The company operates as a vertically integrated waste management firm, generating revenue through service contracts with residential, commercial, municipal, institutional, and industrial customers across its operating footprint. Casella serves a diverse customer base spanning residential households, commercial enterprises, municipal governments, institutional facilities, and industrial operations throughout the northeastern region. Casella Waste Systems operates as a vertically integrated solid waste management platform serving the northeastern United States with approximately 5,600 employees and a market capitalization of $5.6 billion.

The company maintains a comprehensive service offering spanning collection, transfer, disposal, and recycling operations, positioning it as a regional leader in integrated waste solutions. Casella's diversified customer base and vertically integrated operational model provide competitive advantages in service delivery and operational efficiency within the regional waste management market. On Sept. 3, Burke sold 1,100 shares of Casella Waste stock in a transaction valued at approximately $105,000.

That comes on the heels of the stock price climbing 2.7% over the past 12 months, underperforming the S&P 500's 14.8% return over the same period. The transaction, however, appears to be just a routine sale. While Burke sold 1,100 shares, the insider still holds 13,641 shares.

That shows continued and meaningful alignment with the company's success. Overall, this transaction, in and of itself, doesn't appear to signal anything shareholders should worry over. For what could be next for the Burke stock price, analysts appear generally bullish.

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