Donald J. Smith - 17 Feb 2026 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Issuer symbol
WM
Transactions as of
17 Feb 2026
Net transactions value
-$2,847,055
Form type
4
Filing time
17 Feb 2026, 14:49:23 UTC
Previous filing
02 Feb 2026
Next filing
05 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Donald J Sr. VP - Operations 800 CAPITOL STREET, SUITE 3000, HOUSTON Courtney Tippy, Attorney-in-fact 17 Feb 2026 0001957534

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Options Exercise $310,602 +2,465 +18% $126.00 15,841 17 Feb 2026 Direct
transaction WM Common Stock Options Exercise $263,395 +2,377 +15% $110.81 18,218 17 Feb 2026 Direct
transaction WM Common Stock Sale $1,130,510 -4,842 -27% $233.48 13,376 17 Feb 2026 Direct
transaction WM Common Stock Sale $1,716,545 -7,352 -55% $233.48 6,024 17 Feb 2026 Direct
holding WM Common Stock 4,716 17 Feb 2026 By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WM Stock Option (Right to Buy) Options Exercise $310,602 -2,465 -100% $126.00 0 17 Feb 2026 Common Stock 2,465 $126.00 Direct
transaction WM Stock Option (Right to Buy) Options Exercise $263,395 -2,377 -100% $110.81 0 17 Feb 2026 Common Stock 2,377 $110.81 Direct
* 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).