Although U.S. stock futures traded lower this morning after rising tensions between Russia and Ukraine, there were a few notable insider trades.

When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.

Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform.

Republic Services

• The Trade: Republic Services, Inc. (NYSE:RSG) 10% owner William Gates III acquired a total of 362,747 shares at an average price of $117.17. To acquire these shares, it cost around $42.5 million.
• What’s Happening: The company recently posted upbeat quarterly results.
• What Republic Services Does: Republic Services ranks as the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 186 active landfills and more than 200 transfer stations.

Asana

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Albemarle

Warby Parker