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

Signature
Courtney Tippy, Attorney-in-fact
Stock symbol
WM
Transactions as of
Feb 23, 2024
Transactions value $
-$33,464
Form type
4
Date filed
2/27/2024, 01:58 PM
Previous filing
Feb 15, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Tax liability -$21.2K -102 -1.24% $207.76 8.12K Feb 23, 2024 Direct F1
transaction WM Common Stock Sale -$12.3K -59 -0.73% $208.01 8.06K Feb 26, 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.