RIVARD PHILIP sold $416K of WCN
RIVARD PHILIP (SR VP Business Development) sold 2,500 shares of Waste Connections, Inc. (WCN) at $166.57 ($0.42M total) on 2026-08-18.
How this was made
The 30-second read
Why it matters
The disclosed sale is a routine insider transaction with limited market impact.
Market read
Small insider sale; unlikely to affect stock price significantly.
What to watch
Potential upcoming capital allocation or personal tax planning.
Background
SEC Form 4 filing reports insider transactions for public companies.
Ticker impact
Form 4 disclosed senior VP Philip Rivard sold 2,500 shares of Waste Connections for $416,425.
Potential slight downward pressure, unlikely to move price materially.
Sale amount under $1M and insider is not a major holder; market may view as routine.
Market effects
Minimal impact on waste services sector; no broader implications.
None
None
Counterpoint
Insider could be diversifying portfolio; sale does not imply company weakness.
Key entities
- CompanyWaste Connections, Inc.
Provider of waste collection, transfer, disposal, and recycling services.
- InsiderPhilip Rivard
Senior Vice President, Business Development at Waste Connections.


