I now have all the data I need for a compelling article.
Bill Gates filed purchases of more than $85M in RSG (Republic Services) this week. The trades were spread across May 11–13 and reported on May 13. Gates bought at prices around $197–$204 per share.
He wasn't alone in the waste sector. WCN (Waste Connections) founder and CEO Ronald Mittelstaedt filed a $7.6M purchase on May 13. He bought 50,000 shares at $152.24 each. That's a clear signal of confidence from the man who built the company.
Meanwhile, Jared Isaacman — founder of FOUR (Shift4 Payments) — disclosed $15.9M in purchases across two days. He bought 195,500 shares on May 11 and another 193,000 on May 12. The filings arrived May 13. Isaacman stepped back as chairman to join NASA. His return to buying is noteworthy.
On the selling side, KO (Coca-Cola) CEO James Quincey filed a $15.8M sale on May 11. He sold 200,000 shares at $78.90 each. The trade itself occurred May 7.
KHC (Kraft Heinz) CEO Steve Cahillane went the other direction. He filed a $5M purchase on May 13 — buying 213,000 shares at just $23.46. That's a meaningful bet from a new chief executive trying to stabilize a struggling brand.
MP Materials founder and Chairman/CEO James Litinsky filed three sales in MP totalling over $18M between May 12–13. Rare earth markets are volatile. Litinsky appears to be locking in gains.
This is not financial advice.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
