Kimberly G. Stith - 30 Jan 2025 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
30 Jan 2025
Net transactions value
+$157,455
Form type
4
Filing time
03 Feb 2025, 11:09:17 UTC
Previous filing
04 Sep 2024
Next filing
27 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Award $270,124 +1,235 +32% $218.72 5,114 30 Jan 2025 Direct F1
transaction WM Common Stock Tax liability $71,523 -327 -6.4% $218.72 4,787 30 Jan 2025 Direct
transaction WM Common Stock Sale $41,147 -187 -3.9% $220.04 4,600 31 Jan 2025 Direct F2, F3
* 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 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 $220.0350 to $220.0375. 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.