WCN COO Darrell Chambliss sold 13,566 shares at $188.30 on 2025-03-10; retains 95,000 shares post-sale.
Darrell W Chambliss, EVP & COO of Waste Connections, Inc., executed a sale of 13,566 shares valued at $2,554,477.80 at a transaction price of $188.30, reducing his holdings from 108,566 to 95,000 shares. The sale occurred near the upper end of the 52-week range ($160.43–$193.25), with the current price at $183.17 representing a 5.2% decline from the 52-week high. While the sale represents a 12.5% reduction in pre-transaction holdings, the executive retained 95,000 shares, indicating continued material ownership in the company. The company's fundamentals show strong growth with annual revenue growth of 11.2% and quarterly revenue of $2.3B, though the elevated P/E of 59.47 reflects market valuation relative to the $308.0M latest quarterly net income. The transaction timing relative to recent price movement and the executive's decision to maintain a substantial stake warrant review of the underlying rationale and broader insider activity patterns.