Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WM | Common Stock | Award | $424K | +2.16K | +50.9% | $196.85 | 6.39K | Feb 13, 2024 | Direct | F1 |
transaction | WM | Common Stock | Tax liability | -$106K | -541 | -8.46% | $196.85 | 5.85K | Feb 13, 2024 | Direct | |
transaction | WM | Common Stock | Sale | -$65.3K | -329 | -5.62% | $198.56 | 5.52K | Feb 14, 2024 | Direct | F2 |
holding | WM | Common Stock | 4.59K | 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. |