John J. Morris - 20 Feb 2024 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
20 Feb 2024
Net transactions value
-$3,928,049
Form type
4
Filing time
21 Feb 2024, 16:29:38 UTC
Previous filing
15 Feb 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Sale $3,928,049 -19,374 -17% $202.75 95,461 20 Feb 2024 Direct F1
holding WM Common Stock 2,372 20 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 This transaction was executed in multiple trades at prices ranging from $202.5249 to $202.96. 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.