Bales Brian A has engaged in a notable pattern of insider trading activity, as reflected in SEC Form 4 filings, with a clear bias toward buying over selling. Over the course of 37 transactions across two companies, Bales has accumulated a total buy value of $279,044.61, significantly outweighing the total sell value of $139,860.97. The majority of this activity has been concentrated in RSG (Republic Services, Inc.), with occasional transactions in RBA (Ritchie Bros. Auctioneers Incorporated). Notably, the most substantial buying occurred in early 2026, with multiple acquisitions of RSG shares on January 15 totaling $122,393.11, followed by additional purchases in February and March. These transactions suggest a consistent accumulation of RSG stock, with no recent selling activity reported.
The trading pattern also reveals a mix of transaction types, including acquisitions ("A"), dispositions ("F"), and market sales ("M"). While Bales has engaged in dispositions and market sales, particularly in RSG, these transactions have been relatively modest in value compared to the acquisitions. For instance, a series of dispositions in February 2026 ranged from $2,072.99 to $21,941.37, while market sales in January 2026 amounted to $89,646.39. Despite these sales, the overall trend indicates a net accumulation of shares, particularly in RSG. The absence of recent buying or selling activity suggests a pause in trading as of March 2026, leaving the overall trajectory of Bales’ portfolio weighted toward ownership in these two companies.
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