Insider filings this week reveal a split between executives putting money in and others cashing out.
Waste Connections founder and CEO Ronald Mittelstaedt filed on May 13 that he purchased 50,000 shares for $7.6 million at $152.24. The stock had dipped in recent weeks. That is a rare open-market buy from a founder — a strong vote of confidence.
Kraft Heinz CEO Steve Cahillane also filed a fresh buy. He picked up 213,106 shares on May 12, worth nearly $5 million at $23.46. Cahillane took the top job last year. This is his first major open-market purchase on record.
On the sell side, Coca-Cola Chairman and CEO James Quincey filed on May 11 that he sold 200,000 shares on May 7, collecting $15.8 million at $78.90.
MP Materials founder and Chairman/CEO James Litinsky filed four separate sell transactions on May 14. Combined, he sold roughly $19.6 million in stock across two days. The rare-earth miner's shares have rallied sharply in 2026.
A board-linked hedge fund at Twilio also filed the largest US-linked insider sale of the period — worth of shares at $193.54.
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.
