Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WM | Common Stock | Award | $6.35M | +32.3K | +33.81% | $196.85 | 128K | Feb 13, 2024 | Direct | F1 |
transaction | WM | Common Stock | Tax liability | -$2.39M | -12.1K | -9.5% | $196.85 | 116K | Feb 13, 2024 | Direct | |
transaction | WM | Common Stock | Sale | -$154K | -775 | -0.67% | $199.25 | 115K | Feb 14, 2024 | Direct | F2 |
holding | WM | Common Stock | 2.37K | Feb 13, 2024 | By 401(k) Plan |
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).
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. |