JOHN C. POPE - 15 Jul 2023 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Role
Director
Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
15 Jul 2023
Net transactions value
+$56,662
Form type
4
Filing time
18 Jul 2023, 16:29:47 UTC
Previous filing
08 May 2023
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Award $90,005 +536 +0.96% $167.92 56,345 15 Jul 2023 Direct F1
transaction WM Common Stock Sale $33,343 -198 -0.35% $168.40 56,147 17 Jul 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Stock award granted pursuant to Waste Management, Inc. 2023 Stock Incentive Plan.
F2 Sale of shares to cover personal income tax obligations upon grant of stock award, pursuant to Rule 10b5-1 Trading Plan.