Michael J. Watson - Jan 30, 2025 Form 4 Insider Report for WASTE MANAGEMENT INC (WM)

Signature
Courtney Tippy, Attorney-in-fact
Stock symbol
WM
Transactions as of
Jan 30, 2025
Transactions value $
$1,194,054
Form type
4
Date filed
2/3/2025, 11:09 AM
Previous filing
Jul 16, 2024
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WM Common Stock Award $1.98M +9.06K +20.47% $218.72 53.3K Jan 30, 2025 Direct F1
transaction WM Common Stock Tax liability -$635K -2.91K -5.45% $218.72 50.4K Jan 30, 2025 Direct
transaction WM Common Stock Sale -$153K -693 -1.37% $220.25 49.7K Jan 31, 2025 Direct F2
holding WM Common Stock 2.58K Jan 30, 2025 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 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.