Christopher P. DeSantis - 23 Feb 2024 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
23 Feb 2024
Net transactions value
-$33,464
Form type
4
Filing time
27 Feb 2024, 13:58:16 UTC
Previous filing
15 Feb 2024
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Tax liability $21,192 -102 -1.2% $207.76 8,116 23 Feb 2024 Direct F1
transaction WM Common Stock Sale $12,273 -59 -0.73% $208.01 8,057 26 Feb 2024 Direct F2
* 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 restricted 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.