Waste Connections Senior VP Robert Nielsen III Sells Over 60% of Direct Stake

Insider Trading Summary: Waste Connections, Inc. (WCN)

Overview

On November 3, 2026, Robert Nielsen III, Senior Vice President of Operations at Waste Connections, Inc., filed Form 4 disclosing open-market sales of company common shares across two trading dates (October 30, 2026, and November 2, 2026).

Transaction Details

• Security: Common Shares
• Transaction Dates: October 30, 2026 and November 2, 2026
• Transactions Breakdown:
  • Oct 30, 2026: Sold 490 shares at $187.06
  • Oct 30, 2026: Sold 10 shares at $184.095
  • Nov 02, 2026: Sold 1,500 shares at $185.50
• Total Volume: 2,000 shares
• Gross Proceeds: $371,750.35 (weighted average price of ~$185.88 per share)
• Ownership Post-Transaction: 1,250 shares held directly

Holding Impact & Significance

• Prior Holdings: 3,250 shares
• Percentage Divested: ~61.5% of directly held shares
• Assessment: Medium Significance. While the absolute dollar volume ($371.8K) is moderate relative to WCN's market capitalization, the sale represents a substantial reduction (>60%) of the reporting officer's direct equity position. The filing did not indicate an adoption of a Rule 10b5-1 trading plan.