John J. Morris - 13 Feb 2024 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
13 Feb 2024
Net transactions value
+$3,811,811
Form type
4
Filing time
15 Feb 2024, 16:48:02 UTC
Previous filing
05 Dec 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Award $6,354,157 +32,280 +34% $196.84 127,741 13 Feb 2024 Direct F1
transaction WM Common Stock Tax liability $2,387,927 -12,131 -9.5% $196.84 115,610 13 Feb 2024 Direct
transaction WM Common Stock Sale $154,419 -775 -0.67% $199.25 114,835 14 Feb 2024 Direct F2
holding WM Common Stock 2,372 13 Feb 2024 By 401(k) Plan
* 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 Settlement of performance share award granted under Waste Management, Inc. 2014 Stock Incentive Plan
F2 Sale of additional shares to cover personal federal income tax obligation pursuant to a Rule 10b5-1 Trading Plan.