$RSG

CASCADE INVESTMENT, L.L.C. (GATES WILLIAM H III) purchased $83.4M of RSG

CASCADE INVESTMENT, L.L.C. purchased 378,969 shares of REPUBLIC SERVICES, INC. (RSG) at an average of $220.08 ($216.65–$224.09, $83.40M total) across 12 trades over 2026-08-18 to 2026-08-19. Filed jointly with GATES WILLIAM H III (10% owner).

Original reporting
SEC EDGAR · CASCADE INVESTMENT, L.L.C., GATES WILLIAM H III
Published Aug 20, 2026, 8:36 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 20, 2026, 9:08 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$RSG
Bullish
high confidence
Mentioned
$RSG
Relevance
9/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RSGBullishMed
01

Why it matters

The filing provides fresh, material information that may influence short‑term trading decisions.

02

Market read

A large insider purchase signals confidence and could drive short‑term buying pressure in RSG.

03

What to watch

The purchase was made via a 10b5‑1‑free plan, suggesting pre‑planned execution rather than reaction to new information.

Relevance 9/10Novelty 8/10Timing: filed today (2026‑08‑20)

Background

SEC Form 4 filing discloses a significant insider purchase by Cascade Investment, a 10% owner of Republic Services.

Company-level read

Ticker impact

$RSGBullishHigh confidence
Context

Cascade Investment, L.L.C. bought 378,969 Republic Services shares for $83.4M, raising its holding to 112.4M shares (≈10% ownership).

Expected impact

Potential short‑term upside as the market digests the $83M buy‑in.

Evidence & confidence

The transaction size is material for a mid‑cap utility and the buyer is a 10% owner, indicating strong conviction.

Market effects

Utility and waste‑management sector may see modest buying pressure from perceived insider confidence.

U.S. equity markets could see a slight lift in waste‑service stocks.

Limited to U.S. investors; no direct global effect.

Counterpoint

Insider buying could be a defensive move ahead of potential regulatory or rate‑related headwinds.

Key entities

  • Republic Services, Inc.

    U.S. waste‑management and recycling services provider.

  • Cascade Investment, L.L.C.

    Investment vehicle of Bill Gates III, holding a 10% stake in Republic Services.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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