Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WM | Common Stock | Award | $3.59M | +18.2K | +59.9% | $196.85 | 48.7K | Feb 13, 2024 | Direct | F1 |
transaction | WM | Common Stock | Tax liability | -$1.28M | -6.53K | -14.12% | $196.85 | 39.7K | Feb 13, 2024 | Direct | |
transaction | WM | Common Stock | Sale | -$155K | -775 | -1.95% | $199.44 | 38.9K | Feb 14, 2024 | Direct | F2, F3 |
transaction | WM | Common Stock | Sale | -$499K | -2.5K | -6.43% | $199.50 | 36.4K | Feb 14, 2024 | Direct |
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. |
F3 | This transaction was executed in multiple trades at prices ranging from $199.43 to $199.48. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |